There is the question of regulatory compliance: That might be one of the most difficult problems. The legacy system does not align with innovative new possibilities. Some projects in the Cryptocurrency trading script space simply
ignore that fact and take risks, but to build a solid model inside the legal constraints is unfortunately very hard.
There is the question of whether the equity should be purchased or earned: I think both models are possible to
combine. We have explored a DAO model where the people who are contributing to our project (P2P Fiat-BTC exchange) are earning equity (increase the value of the DAO ) and they are free to sell that equity in a private or open market (open markete might have legal constraints). That way people who cannot contribute due lack of
time/skills can contribute with money. Selling earned equity can be used a sfunding model as well.
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