In as much as you’d like to interface with the legal system of a country (probably useful for you, so you are not fully liable), you’ll need to incorporate a paired LLC/LTD. Who will be the director and have control over this entity? How will you make sure this entity also makes decisions in a decentralised way? Will you also make sure only accredited investors are buying your tokens/NFTS? If not, will you also register your offering with the SEC so that retail investors can rest assured they are not part of an unregistered offering they might be sued for later on?
I’ve not seen any ‘DAO’ coherently answer this questions, in as much I see DAOs failing under their own terms and have a hard time taking these ideas seriously.
In as much as you’d like to interface with the legal system of a country (probably useful for you, so you are not fully liable), you’ll need to incorporate a paired LLC/LTD. Who will be the director and have control over this entity? How will you make sure this entity also makes decisions in a decentralised way?
Will you also make sure only accredited investors are buying your tokens/NFTS? If not, will you also register your offering with the SEC so that retail investors can rest assured they are not part of an unregistered offering they might be sued for later on?
I’ve not seen any ‘DAO’ coherently answer this questions, in as much I see DAOs failing under their own terms and have a hard time taking these ideas seriously.