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.
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.