accounting

Ethereum builder & people connector. Juicebox, Revnet, Defifa & Footy App

More of a CPA question. I think it would come down to the language of the SAFT. Does the LLC get to pocket the capital regardless of whether it delivers anything?  Then it might be income. Does the LLC have to return a portion of capital if it doesn’t launch a token by a certain date? Then the SAFT might be a liability. Does the LLC consider itself a service provider, independent of the DAO entering into the SAFT? Different outcome altogether.

(This is all hypothetical and incomplete speculation and in no way constitutes legal, financial or accounting advice)

Food

Cherrywood smoked Jamaican jerk pork on homemade ciabatta with butter pickles and provolone.

We need a war protocol for farcaster. Something that combines troop numbers, strategy and chance to win.

zach

You 🍁s did burn our capital in 1812. A rakening is in the cards.

Rob Leonhard

@ethlawyer