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RE: "All ICOs Are Scams"... Except This One
The SEC would still consider a DAICO a security. So regardless of a fairer and more democratic ICO, SEC would still consider this an offence and no sane US citizen would rub SEC the wrong way. Listening to the Jaxx wallet director earlier and Canada makes crypto entrepreneural activity really hard. Why don't crypto based companies relocate? Then we could take advantage of DAICO
Relocating won't help because the SEC will apply it's power to any foreign company who has US citizens as investors. That's why many projects choose to exclude the USA and certain other countries entirely.