To design a game is to design a world. In developing a game, creators are doing something far more than simply writing code; they are defining a whole universe of interactions, incentives, intentions, and transactions. Within the scope of the game, they are defining meaning itself. Blockchain based games come
Even as startups, blockchain projects are global in reach. Entities, teams, investors and customers may be split across multiple jurisdictions, a fact that brings with it a host of regulatory and fiscal considerations. For a busy startup founder, questions of legal structure and tax residence can feel secondary, or even
Introduction Stablecoin founders face a simple but decisive question: where should I issue my stablecoin? For founders, choosing the right jurisdiction to issue a stablecoin is as critical as the technology stack itself. The wrong choice can be expensive, very slow to provide licensing authorisation, hamper your banking access, or
Slicing through the unpredictable seas of international crypto operations is a twin-hulled structure: the BVI tokenco & Cayman foundation. Think of it as the crypto catamaran - a speedy, stable, and durable machine through which to move your and your web project across the open waters of entrepreneurial life. It
Do you wish to launch a token? If so, you may well have come across the British Virgin Islands. Situated in the Caribbean, this British Overseas Territory has arguably become the world’s best jurisdiction from which to launch a token (we say arguably so - Panama, coming in as
DAO wrappers come in various shapes and sizes. In some jurisdictions, they are innovative & imaginative adaptations of various forms of pre-existing corporate structure - Swiss, Panamanian and Cayman structures are examples of these. The Marshall Islands DAO LLC (MIDAO) is, however, something else - a corporate entity developed with
Why web3 needs its own capital formation toolkit If you’re building in Web3, you’ve probably realized quickly that raising capital is a little different from raising money for a Web2 startup. Traditional venture financing is built around equity: founders sell shares in a company, investors write a check,
The problem of AI is the problem of power. This does not mean power in the energetic sense – though that certainly is a problem, and one with stark implications for electricity grids and water supplies. Instead, it refers to human power – the power we humans, operating in our companies, countries,
There are those who want their economic life to exist entirely on-chain - a brave new(ish) world of smart contracts, wallets, and free capital flows, one that circumvents the corrupt hierarchies of the old order. It's an intriguing thought, but one sadly unlikely to interest your landlord,
Tokens are the lifeblood of web3. They are the basis of exchange, incentivisation, and speculation. Issuing a token helps projects raise capital; owning a token may variously give a token-holder the ability to accumulate value, trade, and vote. Binding a token to a real-world asset enables new forms of value
Some web3 founders care little for tax. Anarcho-libertarians and cyberpunks, they view the state and all its ways as a many-headed hydra, a leviathan to be countered, resisted, and undermined. The less ideologically inspired, meanwhile, may simply view tax with the hearty distaste of the apolitical businessman. Be that as
For many founders, the first priority is building - shipping code, building your community, and making the product work. Legal and corporate structuring can feel like something of an afterthought. The web3 world adds its own particular dynamic to this: because teams, customers, and markets are likely to be so