This month is all about us. With OtoCo nearing its first anniversary, we use our May newsletter to post on where we plan to take the project from here (Part I), why a token for OtoCo (Part II), how we plan to issue our token (Part III) and how we propose to govern the project (Part IV). We conclude with a musing on venture building as a multiplayer onchain game. Thanks to all who walk with us on the Road to OtoCo.

- Han

PART I

Our Vision for OtoCo: From Product to Platform

OtoCo is almost a year old. We’ve learned a lot from our users and…


Unlike Swiss Rail, this month’s Swiss Special of The Otonomist arrives with a slight delay, largely because we’ve had splendid weather in April and have been mostly outdoors… We hopefully made it up with two in-depth pieces on Swiss entities, and an update on new OtoCo features released today. We end with a Swiss quiz.

- Han, Founder & CEO, Otonomos

PRODUCT UPDATE

NEW! You Can Now Pay for OtoCo Services in Both Crypto and Fiat


Welcome to the March Wyoming Special of The Otonomist. Best known for its national parks, crypto cognoscenti also know Wyoming for its frontier blockchain laws and emerging digital asset infrastructure. In this issue, we talk about why a trust in Wyoming works particularly well if you’re based outside the U.S., and invite you to join a running thread on its new “DAO Bill”.

Have a good rodeo!

- Han, Founder & CEO, Otonomos

PRODUCT UPDATE

Incorporate Faster Than Your Shadow: Use Your Ethereum Wallet to Spin Up an Instant Wyoming LLC on OtoCo.io


In this February Otonomist, we unveil the idea of launch pools as a new way to raise funds from the community. For our paying users, we prepared a manual on how to convert a US LLC into a private crypto investment fund. We also scheduled a first webinar on how to arbitrage jurisdictions which is FREE to join.

Fair winds and following seas!

- Han, Founder & CEO, Otonomos

PRODUCT UPDATE

Towards Crypto Banking: Using a Multi-Signature Wallet To Manage Your Company’s Digital Assets


Last week, Otomomos filed its Form D so we can use the SEC accredited investor safe harbor to offer our security token to pre-existing contacts. In what follows, we share our experience, which we found a bit annoying but not in the least intimidating.

Fundraising can be fun if you enlist tech and use the right tools.

As practitioners keep reminding us, there are two broad types of digital assets: Unregulated crypto, and securities.

One of our advisors, Andy Singleton, puts it thus:

To qualify as unregulated crypto, you will need a token that is created and earned by a community, and not by an issuer. True open source community crypto is a small and fascinating use case. Bitcoin is the perfect case. It was never sold by an issuer. Every bitcoin was earned through mining.

For almost anything else, you will need securities. [W]hen those issuers ask for investments, they are creating securities.

Many of our…


Lots of clients automatically think offshore when looking to operate in freedom and optimize for tax. However, the UK, Canada and US all have entities that are cheap to form, easy to run and have no tax on foreign income. We took a closer look.

Strong contender: Think of B.C. when you need an LLP.

Offshore stigma

Operating from offshore is in many ways stigmatized, not only in the popular press but also by many service providers who will deplatform your business if it is not set up in one of the main, often English-speaking countries.

This ranges from crypto exchanges to payment providers to banks.

For digital businesses, these service providers are a lifeline but most, including crypto facilitators such as Wyre and crypto-friendly banks such as Mercury, limit their services to entities based in the UK, Canada and the US.

Legit Hack

Luckily there’s a legit hack which will let your digital business process payments tax free…


VANCOUVER, 16 September 2020 — In this first of two posts, we share why we believe the next decades will bring an unprecedented wave of entrepreneurialism. In a second part to follow in our October issue, we discuss the urgency for a new organizational form and the importance of governance.

Crypto and blockchains are causing an unprecedented wave of entrepreneurial energies.

The prevailing paradigm

American physicist, historian and philosopher of science Thomas Kuhn introduced a helpful analysis of “paradigms” as competing — and often irreconcilable — accounts of reality in his influential 1962 work The Structure of Scientific Revolutions.

According to Kuhn, a paradigm is an account of reality that goes beyond scientific truth. Rather, it is defined by the consensus of a community. As a result, competing paradigms clash until a consensus shifts and a new paradigm replaces the old.

The prevalent paradigm of capitalism has its roots in what is commonly referred to as the First Industrial Revolution: a power law phase…


By Brenden C. Maher

LEXINGTON, MASSACHUSETTS, August 12, 2020 — Revolutions are always silent. Revolutions sneak up on you — like all exponential technologies they are at first imperceptible.

I know — I’ve been a part of several of them.

Technology’s butterfly effect

The (digital) butterfly effect of silent technology revolutions.

My name is Brenden Maher and I am a MIT Media Lab alumnus ’98. I am here to tell you about “The Revolution”.

In ’93, I was one of the first ~150 people in the world developing virtual reality with the “original” Boston Virtual Reality Group {BCS_VRG}.

Oops, wrong Revolution.

In 1997, I was a grad student at The MIT…


In this second post on OtoCo, following our previous article on its launch features and roadmap, we share how we plan to eat our own cake on governance and put the project in the hands of all stakeholders.

Our “DAO or Die” post in the June issue of The Otonomist caused many to reach out to us to discuss how their project could be further DAOfied.

It also lead to some introspection how to make sure we live by our own gospel, which believes that by giving stakeholders a guaranteed voice, we will win their loyalty, leading to a far greater mobilization of talent, which in turn will help defy and defeat centralized players.

Governance Design

With this in mind, we started an internal discussion on how to design our governance such that anybody who walks with us on the…

OTONOMOS.COM

Otonomos helps doers and investors in the crypto and blockchain community around the world form, fund and govern their legal entities, both offchain and onchain

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store