Topic: Can we use crypto funds to invest in real industries? (Read 25 times)

A month ago, I went to Laos on behalf of the company to investigate the local organic fertilizer industry. Although the investigation was fruitless because the company changed its investment direction, it triggered a thought in my mind: Why can't crypto funds invest in industry or agriculture?

Chapter 1 The world is not divided
It seems that the government and crypto enthusiasts agree that their directions of progress are opposite: the former is sprinting towards centralization, and the latter is moving towards decentralization. But the real world and the crypto world cannot be completely separated: credit currency is still the unit of account, a large amount of consumption still relies on credit currency (although there are some cryptocurrency consumption cases, it is still not mainstream), and OTC is still one of the most profitable tracks in the crypto world. The close connection between the two worlds still relies on the convenience of the financial industry. Stripping off the surface attributes of credit currency and cryptocurrency, they are still capital and liabilities in essence. From this point of view, cryptocurrency can be circulated in various fields as capital, just like credit currency.

Chapter 2 We can't build castles in the air
We still have to return to the original question: What is currency? Why did Satoshi Nakamoto need to create Bitcoin?
Yes, currency is actually a bond, a bond imposed on people by the government using its ruling power. Since the right to issue currency is in the hands of the government, it can plunder the wealth of the people based on its own needs. The birth of Bitcoin is a rebellion against this hegemony. It allows people to not passively accept the oppression of hegemony.
But what is currency used for? It is used for investment, consumption, and to eliminate unfavorable factors in the future. It is not gold, but for savings and appreciation. From this point of view, Bitcoin is closer to gold than currency in the minds of crypto enthusiasts.
So Bitcoin separated most of its currency functions - this gave rise to altcoins such as Ethereum and stablecoins.
Originally, these altcoins and stablecoins should have taken over the currency functions of Bitcoin, although they partially did so. But today, we see that various public chains, various L2s, various altcoins, and meme coins continue to emerge, and the crypto market has become a bloody slaughterhouse of zero-sum games, like a dark forest. They build magnificent buildings in the air, but completely ignore the foundation. The incremental funds brought by VC will plunder more money from ordinary crypto enthusiasts. They have not brought steady progress to the crypto world, but have only continuously produced garbage and bloody bait. Behind a myth of getting rich overnight are the wails of ten bankrupts.
We know that wealth is created: we dig mines, smelt metals, and manufacture machinery in order to create more value-added consumer goods. In the real world, the circulation of finance is also for practical needs.

Chapter 3 Why can't we use the real world to build a foundation for the crypto world?
From this, we return to our topic: using the funds of the crypto world to invest in the industries of the real world, thereby realizing a crypto world with strong underlying asset support.
I am definitely not the first person to come up with this idea. But why is it difficult to implement? I think the key difficulty lies in the conflict between the anonymity of the crypto world and the legal status of the legal entity of the real world industry.
Let's assume: if there are 100 crypto enthusiasts, they jointly set up a crypto fund. The size of this fund pool is about 1,000 ETH. They hope that these ETH can realize value-added in the fund pool. So who will manage the fund pool? The 100 people decided to vote for a 10-member committee, which will jointly manage the fund in the form of multi-signature. The committee can establish a legal entity in the real world. As a result, it has the right to invest in the real world. The committee pledges the fund on the Ethereum network, and at the same time, it uses the fund as collateral to raise funds from the real financial industry and obtain legal currency. In this way, with legal currency, it can enter the industry in the form of equity or directly set up production.
Since the financing and mortgage are carried out in the real world, this ETH must have a lock-up period. Therefore, investors must accept a lock-up period. During the lock-up period, it cannot be redeemed and can only receive dividends. At the same time, ETH faces the risk of being liquidated after being pledged, which requires the committee to carry out prudent financial control and risk hedging plans. Finally, industrial investment faces the risk of loss, which is also a fact that investors and the committee must accept.
But on the other hand: because there are real assets as a solid foundation, the fund pool committee also has the conditions to issue tokens-the issued tokens are also a means of fundraising and profit for the foundation. The fund pool tokens are initially used only for dividends and have no governance rights. The governance rights are still in the hands of the initial investors - they can be converted into equity shares of the fund pool for trading later.

Is anyone interested? Let's discuss it together and try to make it happen together!