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You know, stuff like staged investment proportionate to the project and contingent on meeting milestones...long lockup periods...definitely no ability to exit before product has proven actual value rather than just via speculation.
Imagine a founder could start a company, raise a seed at $3M pre, do a little work, raise a Series A at $8M pre...and then had liquidity at that price and sold their 40% of the company for $3.2M and ran. Without ever having shipped a working product. No companies would get built.
Multiply these numbers by 10, or 100 or 1,000, and the problem gets worse. Much worse. The call of the crypto community should be "Lock them up! Lock them up!" (where by "them" we mean "them tokens" and by "lock up" we mean "long vesting period".
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