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The addition of the bluest of blue chip VC firms changes the conversation from a rug-pull or scam to a serious entrant into the crypto space with an innovative use case. The friction and difficulty under the law could be a part of their marketing playbook.
California laws are far-reaching and are the most comprehensive when it comes to intellectual property.
Even with all of the legal difficulties, billionaires are jumping in en mass.
I will always and forever be a champion of useful innovations in case case strategy. Even if one fails on the first go, this attempt emboldens future projects to pick-up where they left off and build upon their foibles. Next up: social tokens.
