Lanzer speaks again with Carolyn Kelly from Walkers Global, an international law firm headquartered in the Grand Cayman Islands. They go through the remaining Q&A from SANDDAO 59, covering topics like the relationship between the DAO and the Foundation, the legal authority of the FC, the status of Tokenholders in a FC, how the roles interact, licensing, the founder role, the Director's fiduciary duty,

This is PART 6 of a mini-series into Foundation Companies, a type of trust/corporate hybrid that gives DAOs enormous business flexibility and tax-free benefits. https://www.walkersglobal.com/en/Insights/2024/11/Cayman-Islands-Foundation-Companies-The-Leading-Vehicle-for-wrapping-a-DAO

We do not represent the Sandbox Game (TSB) or the Sandbox DAO Foundation. We speak for ourselves, as SandFam community members. We are not your financial or legal advisors…nothing we say is to be taken as financial or legal advice.

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