yeah, the spvp insertion is a sticking point for me. it's clear this is the critical piece for your success as a company.
That is actually not clear to me. Aside from the fact that pivoting is common (and a $21 million seed round with no obviously large source of burn gives a fair amount of room to pivot), it is entirely possible that sidechains are a lot of sizzle and the steak is closer to just being the premier bitcoin software and services company (which may or may not work out depending on how big bitcoin gets -- at present the scale really isn't there for this to be a big deal).