Openai，Robinhood和diskenized公平：一個野外的西方？

Robinhood的代幣股權提供了Sparks爭議，因為Openai距離未經授權的令牌距離。這是投資的未來還是監管雷區？

OpenAI, Robinhood, and Tokenized Equity: A Wild West?

Openai，Robinhood和diskenized公平：一個野外的西方？

The intersection of AI, fintech, and blockchain is getting spicy! Robinhood's recent foray into tokenized equity in Europe, particularly involving alleged OpenAI shares, has stirred up a hornet's nest. Buckle up, because this ride might get bumpy.

人工智能，金融科技和區塊鏈的交集越來越辣！ Robinhood最近在歐洲涉足令牌股權的企業，尤其是涉及Openai股票的股票，激起了大黃蜂的巢穴。扣緊，因為這次騎行可能會變得顛簸。

Robinhood's Bold Move: Tokenized Equity on the Blockchain

Robinhood的大膽舉動：區塊鏈上的象徵性權益

Robinhood, ever the disruptor, recently announced the launch of tokenized stock trading on the Arbitrum blockchain for its European users. This includes access to 200 equities and ETFs, plus a secondary market for equity in hot startups like OpenAI and SpaceX. The allure is obvious: democratizing access to pre-IPO shares, traditionally reserved for venture capitalists and well-connected investors.

曾經是破壞者的Robinhood最近宣佈在歐洲用戶的仲裁區塊鏈上推出令牌化股票交易。這包括訪問200股票和ETF，以及OpenAI和SpaceX等熱門初創公司中的股票二級市場。魅力很明顯：使獲得IPO前股票的訪問權限為民主化，傳統上是為風險投資家和連接良好的投資者提供的。

OpenAI's Swift Rejection: "Not Authorized!"

Openai迅速拒絕：“未授權！”

However, things got complicated fast. OpenAI swiftly issued a statement distancing itself from these "OpenAI tokens," emphasizing that they are not OpenAI equity and that the company had no partnership with Robinhood in this endeavor. The AI giant made it clear that any transfer of OpenAI equity requires their approval, and no such approval was granted.

但是，事情變得複雜了。 Openai迅速發表了與這些“ Openai代幣”相距甚遠的聲明，強調他們不是Openai Equity，並且該公司在這項工作中與Robinhood沒有合作夥伴關係。 AI巨頭明確表示，任何轉讓股權都需要他們的批准，並且沒有批准這種批准。

The Murky Origins of the Tokenized Equity

令牌公平的模糊起源

The big question is: where does this tokenized equity actually come from? Speculation suggests it might represent interest in OpenAI shares acquired through authorized channels. Robinhood's CEO hinted at a relationship with a wealthy investor holding OpenAI and SpaceX shares. But even if this is the case, OpenAI might not honor these sales, potentially leaving token holders empty-handed.

最大的問題是：這個令牌股票實際上來自哪裡？猜測表明，它可能代表通過授權渠道獲得的OpenAI股票的興趣。 Robinhood的首席執行官暗示與擁有OpenAi和SpaceX股份的富裕投資者的關係。但是，即使是這種情況，Openai也可能不會尊重這些銷售，可能會使令牌持有人空手而歸。

A History of Unauthorized Offerings

未經授權的產品的歷史

This isn't the first time tokenized equity offerings have raised eyebrows. Back in 2018, a blockchain startup named Swarm claimed it would offer tokenized shares in startups, including Robinhood itself! Many of those companies denied authorization. This highlights the risks of investing in tokenized equity, especially when the underlying company hasn't explicitly approved the offering.

這並不是第一次引起眉毛的標記股權產品。早在2018年，一家名為Swarm的區塊鏈初創公司聲稱它將在包括Robinhood本身在內的初創企業中提供令牌化的股票！其中許多公司拒絕授權。這突出了投資令牌股權的風險，尤其是當基礎公司沒有明確批准發行時。

Potential Benefits and Risks

潛在的好處和風險

The potential advantages of tokenized equity are clear: increased liquidity, fractional ownership, and broader access to investment opportunities. However, the risks are equally significant: regulatory uncertainty, lack of transparency, and the potential for fraud. As Dragonfly General Partner Rob Hadick warned, private companies might simply cancel equity sales that violate shareholder agreements.

令牌股權的潛在優勢很明顯：增加的流動性，分數所有權和更廣泛的投資機會。但是，風險同樣重要：監管不確定性，缺乏透明度和欺詐的潛力。正如Dragonfly通用合作夥伴Rob Hadick所警告的那樣，私人公司可能只是取消違反股東協議的股權銷售。

Looking Ahead: A Regulatory Showdown?

展望未來：監管攤牌？

The clash between OpenAI and Robinhood highlights the need for clear regulatory guidelines around tokenized equity. Until then, investors should tread carefully and do their due diligence before diving into this nascent market. It will be interesting to see how the SEC approaches this new form of investment product.

Openai與Robinhood之間的衝突凸顯了有關令牌股權的明確監管指南的必要性。在此之前，投資者應仔細踩踏並進行盡職調查，然後才能進入這個新生的市場。看到SEC如何接近這種新的投資產品將很有趣。

Meanwhile, in AI...Meta's Talent Grab

同時，在AI ... Meta的才華搶奪

Separately, Meta is making big moves in the AI space, poaching top talent from OpenAI. This talent acquisition war, coupled with Meta's massive investments in AI infrastructure, suggests that the competition for AI supremacy is intensifying. Meta's goal: to lead the way in developing superintelligence.

另外，梅塔（Meta）在AI領域採取了重大動作，從Openai偷獵了頂尖人才。這場人才獲取戰爭，再加上Meta對AI基礎設施的巨額投資，這表明AI至高無上的競爭正在加劇。 Meta的目標：領導開發超智慧的道路。

The Bottom Line

底線

The tokenized equity situation with OpenAI and Robinhood is a fascinating example of how fast the financial world is changing. While the idea of democratizing access to investments is appealing, it's crucial to approach these opportunities with caution and awareness of the risks involved.

openai和Robinhood的標記股票狀況是金融界變化的速度的一個令人著迷的例子。儘管使投資訪問權力的想法具有吸引力，但要謹慎和意識到所涉及的風險，至關重要。

So, keep your eyes peeled, your wits sharp, and maybe a little bit of your investment portfolio ready for the future, because things are only going to get wilder from here! As they say in Brooklyn, fuhgeddaboudit... unless you do your homework!

因此，請保持眼睛剝皮，智慧敏銳，也許您的投資組合有一點點為未來準備，因為事情只會從這裡變得荒謬！正如他們在布魯克林所說的那樣，fuhgeddaboudit ...除非您做功課！