The main benefit of Angor though is that it offers investor protection using bitcoins execution language (script).
No more scams or rug pulls, no kyc, use Nostr accounts for reputation.
I would suggest nostr:nprofile1qqs99d9qw67th0wr5xh05de4s9k0wjvnkxudkgptq8yg83vtulad30gpz4mhxue69uhks6tnwshxummnw3ezumrpdejqzxrhwden5te0wfjkccte9ehx7umhdpjhyefwvdhk6qgdwaehxw309ahx7uewd3hkcd5u7te that you try to make a test listing on our testnet.
test.angor.io
What, besides a reputation, is there to prevent a rug pull, in the sense of what is promissed not being delivered or future profits not being distributed to investors? Also, how would a company justify source of investment without KYCing investors?
Good questions
Rug pulls are prevented not by reputation but by protocol, bitcoin being locked into delivery stages (timelocks/multisigs/penalties).
Future profits is harder to enforce. To solve this a founder, who wants to provide investors with assurances of future profits, will have to use a combination of reputation/endorsement, but also potentially associating with a legal structure (be it a state court or a private court), by having a claim over the keys that were used in the investment transaction an investor has a proof of investment.
Regarding KYC, Angor is a protocol and as such does not deal with that, it is up to the founder/investor to decide about KYC.
For example a founder that wants to have source of funds will only approve investors that identify themselves.
