So I was wondering. What are the possibilities and issues that would come with trying to start a brick and mortar business using tokens as owner shares?
I'm picturing buying like a Jimmy Johns or like a McDonalds. Raising all the costs with an ICO and then using the Tokens as 100% ownership.

I am thinking about a future where if a town has a desire for a Starbucks they could raise funds from locals. This would allow the local public to share ownership of a local business.

I may just be underthinking this but I think it would be pretty cool. Imagine a billboard with options like a Dairy Queen, Starbucks, hobby lobby blah blah blah. whoever raises the funds will build on the lot. Unsuccessful ideas refund money. Profits can be paid out by share. Maybe even set up voting shares to act like stockholders with voting shares.

Local Micro Investment=Democratized capitolism :-)