founder/decentralized data wrangler @blockhead・/frontend dev・UI/UX abstractionist・DeFi/web3 builder・dropout・23・prev dYdX・x.com/darryl__yeo

You can take a look at our smart contracts on ethereum and polygon. Where we have 1180+ legal entities created fully onchain using otoco.io
Each entity is represented as an NFT, and lives completely on the blockchain with full offchain legal validity!

Whoa. A smart contract address can legally be the founding member of a Series LLC?

If so… this is huge!

Whoa. A smart contract address can legally be the founding member of a Series LLC?

If so… this is huge!

https://docs.otoco.io/docs/understanding-series-llcs#a-key-discovery-

/frontend dev・founder/decentralized data wrangler /blockhead・ritual.net・UI/UX abstractionist・DeFi/web3 builder・dropout・24・prev /dydx・x.com/darryl__yeo

The bigger question is whether you'd want to use a series LLC and if it gives you the corporate veil protection you think it does...

Lawyer and researcher focusing on DLT, cryptocurrencies and Blockchain solutions.| Views are my own | Posts are not advice |

While a relatively new concept it is widely used.

E.g. AngelList adopts this concept, employing Series LPs in Delaware for both their "AngelList-advised" and "Self-Advised" funds and SPVs.

At OtoCo we diverge from the typical series setup - The master never takes Membership in any of the Series its users create.