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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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grin
@grin
I only incorporate in ways @thethriller approves of What’s the verdict here?
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Chaitenya Gupta
@chait
We don’t do DAO LLCs yet but you can spin up an LLC (Series) using otoco.io in DE, WY, and Marshall Islands You can manage using dashpanel, request an EIN/Tax ID, open a mercury bank account. With over 1200 entities created we are only just getting started! Happy to answer any specific questions you have?.
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Based Fella
@akumara
So I made a offshore llc afew years ago thru a company for around $3000 usd for tax purposes and to create accounts with stripe, wise, etc Are you saying that with this I can do it myself, on-chain, and for a fraction of that cost?
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Han
@hanverstraete.eth
Indeed ser and with full legal validity!An onchain Marshall Islands LLC will cost you USD 149 equivalent in crypto on otoco.io which gets you an instant onchain limited liability container for holding assets, building, investing, pooling funds, etc.
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