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A comment on Goodbye ICOs, hello ILPs?. Parent comment

Re:Goodbye ICOs, hello ILPs? by pryelluw on Thursday April 12, 2018 @07:04PM (#16825744)
It's a contract to get dividends on a loan that is based on speculation of profit (not tied to any assets). So, yes, a worse version of equity in a startup.
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Re:Goodbye ICOs, hello ILPs? by JumpCrisscross on Thursday April 12, 2018 @07:06PM (#16825761)
> a worse version of equity in a startup

Minus the enforceability or equity and bond claims. So a combination of the worst elements of equity and debt plus additional negatives. Financial innovation at its finest...

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Re:Goodbye ICOs, hello ILPs? by pryelluw on Thursday April 12, 2018 @07:32PM (#16825862)
It being blockchain based makes it innovative. I mean, it's linked lists 2.0: electro bugaloo
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