Creating a legal entity with OtoCo.io is instant:

1) Connect your wallet and choose a jurisdiction 
(Delaware LLC, Wyoming LLC, Marshall Islands LLC, Swiss Association)

- Review and Activate

We want to help founders begin their journey faster all onchain!

Building OtoCo.io | Developer | Problem solving enthusiast | Holder of BAYC, MAYC | SF 🌁

Yes it is legally binding!
The entity (series LLC) is contractually created onchain where the entity lives on the blockchain with full offchain legal validity. Every entity can have its own members, bank account, TaxID etc.

The first member of each entity is your wallet address and is legally recognized!

Is this actually legally binding? What about additional state fillings?

With OtoCo.io you can not only form, but also fund, and manage your legal entity all onchain using your wallet.

Getting access to our plugin store makes it seamless to manage!

tropicokantian primordial smart contractual soup research fellow at the institute of per block time of existence 🏝️ /philosophy 

gokhan.bio


what are its differences from services such as Wrappr by LEX DAO/ Kali DAO?

a decade of code, design, and experiences. Entropy: /intelligent | Self exploration: /tanishq | Striving /higher this oncha↑n summer

This looks super interesting - I’d assume all the off-chain work is handled by OtoCo?

Happy to answer any questions!
A swiss association is contractually created on OtoCo where a minimum of 2 wallets (members) come together and sign on a purpose which activates the swiss association represented by an NFT.
You instant get your articles of association signed all onchain!

Wow this is interesting! Will have a close look, we recently went through the Swiss association process

Yes we do have testnet. You can head over to https://otoco.io/spinup and change the network to either Mumbai or Sepolia

Building paywithglide.xyz, walletkit.com. ex Robinhood, Uber, Apple

Looks really good! Is there a way to try it out without actually creating an entity? Maybe on a testnet

KYC kicks in when availing services like
- Offramps
- Bank Accounts
- EIN
etc

The NFT itself can be transferred

Are these soul bound tokens and does the wallet needs KYC? Or the KYC instance can swap owner addresses?

፨ Legal Entities for Web3 & DAOs 🎙️Host of Just DAO It! Podcast & /daos Channel 💼 Founder of MIDAO 🟪 Purple 🏴 bDAO nf.td/thethriller

Definitely something next on our roadmap!

Would be nice to see the DAO LLC (as opposed to LLC) offered so members could be anonymous and no managers would be required!

I write. I code. I law. Building ægentic software nani.ooo ʞK kali.gg. fmr. consensys, sushiswap.