Quote from: Waldorf77 on Today at 03:56:50 PM

Quote from: o48o on May 30, 2024, 11:54:26 PM

Quote from: Waldorf77 on May 30, 2024, 10:15:55 PM

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For example building and real estate developement or any other business idea to collect funds limitless opportunity i don't know why people don't do that ?
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There has been several projects that have tried RWA's, but nothing has been really successful so far because of regulatory limits with trading securities. And you do understand that we literally already have such investing opportunities, by investing companies with stocks? They aren't just decentralized, and making them decentralized often falls to ever changing regulatory demands, and lack of the platform that operates in a way FATF would be happy about it.

You can't just create a erc-20 or other token and say they are company shares or rwa's... Well you can but you couldn't even trade them via any legit cex. And sharing company profits to pseudonymous accounts would break AML laws and get you to jail eventually, if amounts were big enough.

Tokens and cryptocurrency Are not money they are only money If you exchange them into money.
Your crypto is your private business.
What you mean i cant ?
Yes i can it's Simple i'll just make meme coin named real estate developent or other purposes maybe meme coin for collecting funds to buy forest and cutting trees maybe opening some hotel maybe this maybe that.
Then later who got most tokens off course get bigger rewards of business.
People give away money just for fun let the meme coin creators try to make some business at least wich can make profit and then we all rich money makes money

Yeah, i wasn't talking about crypto being money. That doesn't even make any sense. I don't think you really read what i said.

Sure, you can create a meme token that has only speculative value, it's permissionless after all, and if you market it correctly or airdrop it you might not have any problems with it. .

But it's hardly "your own business" anymore. Especially if crypto you sold is tied to real world company incentives. Why would you think that any CEX would list that if your project clearly break AML laws and aren't even passing the Howey Test?

These kind of projects you are describing worked with low level in 2015-2016 in NXT ecosystem for example, but only because money inflow was low and no one was paying attention enough to force any regulations. Have you paid any attention why teams and exchanges get sued from left and right these days? Or are you purposely ignoring that?