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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

Network States

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

Very cool. I think a lot of /network-states would be very interested in using something like this.

Series LLCs are contractually created under a Master which OtoCo has put in place in the form of smart contracts.

When a user connects a wallet they are interacting with this master to create a LLC, contractually, having full offchain legal validity. They can then get an EIN, make payments all through our plugin page.

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...