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Business/Research Opportunity: Offshore Corps and DAOs

jpearson

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jpearsonNew MemberAuthor
Joined
Apr 2019
Messages
16

#1

Distributed Autonomous Organization (DAOs) are becoming a thing. A few projects have raised eight figure dollar amounts to build platforms that create and manage all aspects of these distributed organizations. I know first hand that these projects aren't scams. They're spending their funds transparently and have built large engineering teams. The first iterations of these platforms are available now. That being said, these projects are run by software engineers. They spend most of their time implementing technical solutions security, scalablity, usability, governance and economics; but not enough time designing legal frameworks to help entrepreneurs launch such organization safely and efficiently.

I'm researching on the idea of using offshore corporate entities that offer strong privacy, asset protection and lax reporting requirements (e.g. Seychelles IBCs) to bootstrap such distributed organization. Essentially, the corporate entity would be a precursor to the DAO, handling all operations until completion of all foundational steps. Then, the DAO would take over and operate autonomously in a jurisdiction independent manner, the corporate entity would either be dissolved or operate in proportion to its voting power. My assumption is that such structure would protect founders from vultures who may go after individuals given the lack of settled laws around distributed organization.

If you have a legal background, or you are a seasoned agent looking more potential clients, I can facilitate direct discussions with the founders of these DAO platforms. DAOs are incredibly interesting and likely to become a popular organizational structure in the years to come. Please reply or PM me for more details.

For background on DAOs: What is DAO - Decentralized Autonomous Organizations

@Admin I'm not trying to advertise or sell anything for my personal gain. I'm just trying to connect this community with crypto researchers for the benefit of everyone involved.

cyprusloverNew Member
Joined
Feb 2021
Messages
2

#2

I know this thread is older, but I would like to come back to the topic of "DAO" here with an interesting question:

Is there a way to bill them from any jurisdiction?

My company is in Crypto and we have several DAOs working for us, but we can't bill them. Is there already a way to do so?

Thank you for a short reply.

musorsNew Member
Joined
Mar 2021
Messages
1

#3

I think it stands the same for the mining pool operators, you cannot bill the pool as its owner or operator itself is an owner, so when bank request the SOF what is to provide?

JohnLockeOffshoreCorpTalk owner
Joined
Dec 2008
Messages
15,888

#5

jpearson said:

@Admin I'm not trying to advertise or sell anything for my personal gain. I'm just trying to connect this community with crypto researchers for the benefit of everyone involved.

It's okay as long as we keep this inside the mentor group gold I have no issues :)

anantacapital said:

interesting news

Wyoming lawmakers propose letting DAOs officially register in the state

coinmarketcap.com/headlines/news/wyoming-law…egistration/

Indeed interesting it opens up for something I have to think more about.

ImKingFake user - Alias of JohnLocke
Joined
May 2015
Messages
740

#6

jpearson said:

Distributed Autonomous Organization (DAOs) are becoming a thing

Some mind to explain what exactly this is ?

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