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Hey HN,

I’ve been somewhat a consistent frequenter of this site, but have never openly posted anything. I figured I will open myself up and share some of my ideas with you.

I’ve been following the crowdfunding space for a very long time, and realized that what’s happening is a new class of individuals that we may call “backers”, have showed up as a middle ground between traditional owners and consumers of a firm. Tokens correspondly represent then, a middle ground between products and equity.

I’ve written a Medium post titled "Backers: The Ground Between Owners and Consumers” to fully explain this phenomenon.

Check it out, I’d really appreciate your feedback. Also, if you have a Medium, feel free to follow me, you got my following back.

Thanks!


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