The question is, who gets the money if LWF will actually miraculously bought? It will not just stay in the firm for future projects and future costs of the company as that wouldn't make sense - it wouldn't be bought than.
Will just Angelo take the money and run? Most possibly. Most definitely... We all however know that investors should get that money as a "liquidation mass".
Afterwards, new management, new owner will not actually have any obligation towards the coinholders (legally or morally), as he bought the company and paid for it. And that means that he could form a private blockchain, revoke all the current tokens and nobody could do nothing.
And it seems to me that there are too many ifs here.
But this is exactly the problem with crypto and basically all the ICO's. Selling some coupons i.e. LWF coin for actual money. Don't you understand that this is why the regulator will never condone it in this form. There is no security for the investors. No guarantee.
It just doesn't make sense that the owner of the intellectual property are solely the developers, while we financed the project.
Sure, you are right. Can't argue with that. Terms and conditions state that and nobody can complain.
However, this is due to the "evolution" of blockchain crowdfunding. I am just saying that it will not go on like this. Regulator won't let it and investors will see the shit behind it. The crypto hype allowed this and a lot of people had to burn themselves to proceed with the evolution. ICO in this form will however die in the next 2-3 years.
I do not think that investors will receive at least part of this money. This project is the intellectual property of its developers and they can sell it to anyone. And that will continue with the project from the new owner - not their problem