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Chaitenya Gupta
@chait
Introducing: Entity Formation Frames 🖼️ Spin up an onchain LLC, starting at just $49 - select your jurisdiction, and incorporate! @hanverstraete.eth and I have been wanting to bring this to the farcaster community as “spontaneous” entities Tx's ⚡ by: @base 🔵 https://frame.otoco.io/api
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jesse.base.eth 🔵
@jessepollak
where can I learn more about the structure before creating?
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Chaitenya Gupta
@chait
These are blockchain-native companies (represented as NFTs onchain) contractually spun up - where the first member of the LLC is your BASE “wallet address”. You can read more here - https://docs.otoco.io/docs/series-llc-faq
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General Ism
@general-ism
https://warpcast.com/general-ism/0x48be3c5f
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Han
@hanverstraete.eth
OtoCo users create an entity by contracting with a Master and benefit from the registered address of that Master in the chosen jurisdiction, because validly constituted legal entities indeed always need a reg office where they chose to be based.
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