marsrobertson
commented
4 years ago It is tempting however to skip the 3D jurisdiction entirely.
It is tempting to buy the island purely as a DAO.
Not sure how possible.
I was doing shitloads of research and I’m aware / realistic that a 3D world physical company might be required
Legal Personality to DAO: https://www.youtube.com/watch?v=sMzGRj1hLzM (Malta AI Blockchain Summit)
Check this dude on Ethereum Reddit: https://www.reddit.com/r/ethereum/comments/7p155y/i_just_warranty_deeded_my_house_into_an_ethereum/
He moved ownerhsip of his house to Ethereum, but did he purchase it as Ethereum?
(my guess is no)
This is the first issue in this repo.
It is the most fundamental to establish jurisdiction.
We need to follow Estonian laws anyway and it also has some other advantages: 1️⃣ Local 2️⃣ Digital jurisdiction, stable government 3️⃣ Documents in English, the government replies to emails in a timely manner 4️⃣ 0% tax on retained profits
At the same time, the legal structure can have multiple layers:
Not everything is rooted in Estonia, some parts of the larger organization can be established pretty much anywhere.
For simplicity, we assume the following:
Phase 2
There is existing planning permission in place. New planning permission will be required.
We definitely would want a sauna (and many other bits), will need to come with a new plan
Luckily we know what are the restrictions related to the Natura 2000: https://twitter.com/basexisland/status/1261962280939532288
Parallel to working on the legal (this repo) I'm developing a new plan that will follow Natura 2000 recommendations and is likely to be accepted by the local planning department.