The reason you see so many VCs defending dual token <> equity structures is because they are the primary beneficiaries of them. They get to keep the actually valuable exposure (in most cases equity), and double dip with token warrants, which they can relentlessly nuke while

The reason you see so many VCs defending dual token <> equity structures is because they are the primary beneficiaries of them. They get to keep the actually valuable exposure (in most cases equity), and double dip with token warrants, which they can relentlessly nuke while

• Venture Capitalists (VCs) are seen defending dual token/equity structures because they primarily benefit from them, retaining equity while also profiting from token warrants.
• The article argues that extractive structures will eventually fail, while those prioritizing alignment and forward-looking approaches will gain market share and premiums.
• It highlights the need for VCs and projects to adopt either token-only or equity-only structures, with specific examples of infrastructure providers and projects pioneering these models.

Topics: Asset types, Institutional adoption, Private market, Equity, Asset manager initiatives, Private equity vc

Tags: #vc #dualtokenequity #tokenwarrants #alignment #capitalstructures #onchainequity #privatemarket #fundmanagers #tokenization

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