Launching & Managing a DAO through a Cayman Foundation
Ever wondered if DAOs need a legal structure or how they operate? And if so, who should be appointed as Directors, Supervisors, Secretaries, and Operators?
If left without legal personality, DAOs often face problems to interact with 3rd parties outside the DAO.
Think about challenges in opening bank accounts, exchange accounts, or dealing with vendors.
Plus, if a DAO isn't incorporated, its members could face personal liability risks.
On July 24th, we were joined by William Eden & Louie Hemmings from Harris & Trotter LLP and Marc Piano from Horizons Global who provided some answers on how DAOs are launching, governing and kept compliant in the Cayman Islands.
Agenda
- Legal Setup - Incorporation in the Cayman Islands 🇰🇾
- Governance Checklist - Directorship, Voting & DAO Constitution
- Financing - Token Generation Event & Obtaining Grants
- Operations - Financial Management, Reporting & Auditing
Watch the Full Recording
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