There’s a new venture studio in the world that looks rather different from earlier venture studios from a structural standpoint. Unlike renowned outfits like Atomic or Science or Expa that create companies that then sell equity to VCs who expect that equity to rise in value, this new studio, SuperLayer, plans to spin up consumer projects then instead of sell equity to VCs, it will invite the communities that use these products that invest in them by acquiring tokens, which can then be bought or sold or used to participate in other projects.
Indeed, in the case of SuperLayer, the tokens might …
