Post #29475

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Non-Profit Organisation
I think we need a legal entity if we ever want to be a serious player.

It then acts as a vehicle for investment too. Who do the assets belong to?
Who’s accountable?

I propose that we set up a quick, cheap NPO outside US and the directors are the EC. Same ppl. Same secretary.

Factom Foundation raising some money directly for development or “please create account on liquid exchange and buy some FCT”?

“These are the directors contacts and physical address for Exchange/Enterprise due diligence ”. Not - “talk to bigtitsmcgee on Discord.”

I totally appreciate the groundwork the LWG achieved. Let’s pick a crypto friendly jurisdiction and act on this!
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