Interesting take on venture capitalist. While I can envision what you are saying, I do not think venture capitalist are going away. There may be a split between whether projects take either approach. After all, these projects will choose whichever model works for them.

Universal tokens are another way to build crowd funding and I agree with that. My question is whether projects will choose normal investors over venture capitalists? I do not see it going away for many projects if they are given the choice.

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