[msichert]

I would tend to refuse such an offer but not because of an irrational fear of crypto. Rather, I would have very real concerns about the value of the tokens:

How do I know they will be worth anything when the company exits? I probably won't get a contract with the company that tells me exactly how I'll be paid in cash if the company is acquired. Instead, I will get a token that will be bought back by the company at a price set by the company at a time set by the company.

Another similar issue I see is dilution: How do I make sure the company doesn't just issue a billion new tokens so that my tokens are diluted to nothing? How does the token price change when new real shares of the company are issued (presumably investors want to get real shares instead of tokens)?

[Zanfa]

> How do I know they will be worth anything when the company exits?

They won’t be worth anything. Equity isn’t perfect, but it offers at least the bare minimum of legal protections. Any crypto token will just be ignored by the acquirer (or any present or future company leadership) and you’ll have no legal standing.

[SpicyLemonZest]

I hate to be That Guy, but I strongly suspect the article authors would categorize the very idea of being concerned about the value of the tokens as an irrational fear of crypto. Dilution and contracts are tradfi concerns - what you're meant to understand is that crypto tokens will always go up when their associated projects do well, as a law of the universe.