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Chaitenya Gupta pfp
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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chrismartz
@chrismartz.eth
more soon jesse :)
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Han pfp
Han
@hanverstraete.eth
You get a Series LLC in either WY, DE or Marshall. Series are eg what AngelList uses for their roll-up funds. They get spun up by entering into a contract with a Master. Each Master LLC is registered in eg Delaware under DE Law. Each individual Series is not as such registered in Delaware but is created under DE law.
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