it costs $100 for an individual and $300 for an entity. It requires a full doxing with drivers license, operating agreements, D&B registrations, proof of address.
I think for the moment an individual account is enough for the moment.
It’s easy if someone is willing to doxx. If not, different q.
I will consider this but only as an LLC. I’ll investigate further.
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I’d be open to forming a joint LLC (or other entity type) for this purpose if that is of interest for the sake of getting this published. Perhaps also leveraging one of the more web3 friendly jurisdictions such as Catawba or Wyoming.
EDIT: Tagging @mehowbrainz here as well who will also likely need an entity of sorts for some of the marketing efforts: https://forum2.zenon.org/t/global-adoption-a-user-experience-and-regulatory-effort/1508?u=angelo_a_jr
CC: @LegalZNN what liability if any would the LLC have for the Syrius mobile wallet as just the publisher for the App Store? Can we absolve liability of the LLC since the underlying infra behind the wallet UI is all open source?
It would benefit for more than just this publishing to have some joint entity (501c3, LLC, DAO LLC, etc.) for Zenon community that can start to act in the “real world” for Zenon community initiatives.
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I’m going to spend some time on this topic. I wonder if the Pillars can form a DAO in WY so we can engage with firms like Apple and others. I’m going to add this discussion over here too.
The more advancements we make the more we will need some corporate entity to do “stuff”. In the case of Apple, i needs to be “legit” with a website and org docs, etc…
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I won’t be a part of any DAO or legal entity involving U.S.A. If Zenon succeed, they’ll try to grab whatever they can have a hold on. Build in the Seychelles.
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There are a dozen of other crypto-friendly jurisdictions around the world.
Can you start another thread on this issue?
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Good discussion on this issue here
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“Assuming you are in the US, and depending on your state laws, you can go to your County Clerks office and file an Assumed Name for Unincorporated Business (DBA). That is enough to open a business bank account and use that name for the Apple Developer program. It also won’t have all your information plastered all over the place like LLCs/Corps (from personal experience with both)”
Not sure how legitimate that statement is though
I’m wondering if no one’s wants to dox can we just hire a developer for the sole purpose to publish Syrius under their apple developer ID
We’ve already discussed this.
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We can take ownership of the account as part of the deal, essentially hiring someone’s ID then they pass the creds over to us. No idea if anyone would go for it though
No, If I do this I will do it the “right” way. I think I have a path to provide the protection I’m looking for. It’s going to take some time to set this up, but I think I can do it.
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Breaking the Apple TOS isn’t breaking the law
I agree with @dat_she_pepe and avoid US incorporation. There are many crypto-friendly jurisdictions around the world.
Couldn’t agree more. We should stay away from US exposure by any means necessary
Hello, Angelo. Thanks for tagging me here.
The LLC would be assuming full legal and compliance responsibility. I recommend handling this with great care and evaluating each step carefully.
DAOs are not the holy grail many people think it is. Depending on the circumstances, they could actually be riskier than traditional entities such as an LLC or a Corporation. A recent case, for reference:
The order also imposes personal liability on certain of the Ooki DAO’s tokenholders as active participants, an argument which the CFTC asserts is based on partnership law: “Individual members of an unincorporated association organized for profit are personally liable for the debts of the association …” (emphasis added). As noted above, the CFTC considers a DAO to meet the federal definition of an “unincorporated association” because it is a “voluntary group of persons … without a charter … formed by mutual consent for the purpose of promoting a common objective.”
As defined by the CFTC, any tokenholder who voluntarily votes his or her tokens to affect the outcome of a DAO governance vote is considered to be a “member” of the DAO. This should be considered as a serious warning sign to DAO tokenholders who are active in voting on governance issues: beware the extra-legal activities of the DAO, as you may be left holding the bag. This does, however, exclude passive tokenholders, which is a meaningful distinction, given that governance participation is not mandatory and that governance tokens liquidly trade on decentralized exchanges.
I could formulate a project to do detailed research on this, determining the ideal steps to follow that would minimize, to the minimum possible, the regulatory and legal risk of publishing mobile applications. Is this something the community would be interested in?
Looking forward to your comments,
Legal
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What is the last status of this topic?
Perhaps we spin one of these up?
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