Thoughts on ICOs offering standard equity (stock options) to early investors

[cpmcgrat]

Recently I heard about a coin (I forget which one) that during its ICO phase it offered equity in the organization through standard SEC-approved business practices (C-Corp stock options) and kept the coin separate from the initial investment.

What are your guys' thoughts on this? Due to the recent surge in popularity of cryptocurrencies as a whole I wouldn't be surprised if the SEC is digging deep into how to regulate the market. Do you think standard ICOs are still the way to go, or going the route of SEC-friendly practices is a better bet long term for new coins?