TOA and legal entities. TOP-100 on Coinmarketcap: Legal issues. Part I. From 1 to 33
Often, legal (and not only) companies are trying to give crypto-startups “as much as possible”, that is, to impose services that the latter are simply not needed. But worse than the fact that the point of view is often imposed, which has nothing to do with reality: that in the USA, not qualified investors “cannot buy cryptocurrency and tokens” that “cryptocurrency is prohibited in the Russian Federation”, etc.D. Generalization – always a lie.
Let’s try to deal with one of the main myths that sounds like this: DAO is supposedly a black mark for VC (venture investors) and then it will only be worse. Spoiler: won’t.
I also note that with all this, few of the startups (in my memory – no one) is trying to supervise the watch with market leaders. Well, let’s try to do this for them and briefly go through the top 100 resources on the famous aggregator. Today: from 1st to 33rd position (at the time of analysis).
History and its conclusions. Briefly
And the story is such that the case against Zimmerman gave (I recommend that you fully study: Archive.Epic.Org/Crypto/Export_controls/Bernstein_decision_9_cir.HTML) We are the opportunity to use PGP and all its derivatives, although in the 80-90s Как шортить крипту? states with foam at the mouth proved that this technology needed only three riders of the apocalypse: drugs, xxx and laundering with terrorists.
The same was with bitcoin: in 2012-2014. Banks and governments of the world shouted because of each corner that this technology for geeks and drug couriers and no one, and never, and would never go to it from the VC segment. In 2022, PayPal, Tesla, JP Morgan and many leading funds are invested in BTC and leading crypto projects.
Therefore, there is only one conclusion: do not believe everything that I write the media, especially – like Bloomberg & Forbes. In particular, the case against Tornado Cash (my analysis of cm. by link) – this is exactly the same as the criticism of JP Bitcoin in 2014 (evolution can be studied by reading this material about 2013). Even worse and more. About the technical part – read here.
But these are all common words. How are they related to the topic of research? Let’s first look at the top 33, and then-we will answer the question.
TOP-33
At the time of the start of study, he looked as follows:
Bitcoin | Bitcoin.Org | Priv. Person | 2008 | No | Yes | No |
Ethereum | Ethereum.Org | Priv. Person | 2013 | Yes | Yes | Switzerland |
Tether | Tether.to | Priv. Person | 2015 | Yes | No | British Virgin Isl. |
USDC | https: // www.Center.Io | Company | 2014 | Yes | No | USA |
BNB | https: // www.Binance.Com | Company | 2017 | Yes | Partly | Www |
Busd | https: // www.Binance.Com | Company | 2017 | Yes | No | Www |
XRP | https: // xrpl.Org | Priv. Person | 2015 | Yes | No | Estonia |
Cardano | https: // cardano.Org | Priv. Person | 2014 | Yes | Partly | Switzerland |
SOLANA | https: // Solana.Com | Priv. Person | 1993* | Yes | Partly | Switzerland |
Dogecoin | https: // Dogecoin.Com | Priv. Person | 2013 | Yes | Yes | England |
Polkadot | https: // Polkadot.Network | Priv. Person | 2016 | Yes | Yes | Switzerland |
Shiba Inu | https: // Shibatoken.Com | Priv. Person | 2020 | No | Yes | No |
DAI | http: // www.MakerDao.Com | Priv. Person | 2015 | Yes | Yes | USA |
Avalanche | https: // www.AVAX.Network | Priv. Person | 2020 | Yes | Yes | USA |
Polygon | https: // Polygon.Technology | Priv. Person | 2020 | Yes | Yes | India |
Tron | https: // tron.Network | Priv. Person | 2017 | Yes | Yes | China, USA |
Wrap BTC | https: // wbtc.Network | Priv. Person | 2018 | No | Yes | No |
Uniswap | https: // uniswap.Org | Priv. Person | 2018 | Yes | Yes | USA |
Unus Sed Leo | https: // www.Bitfinex.Com | Priv. Person | 2012 | Yes | No | British Virgin Isl. |
Ethereum Classic | Ethereumclassic.Org | Priv. Person | 2016 | No | Yes | No |
Litecoin | Litecoin.Org | Priv. Person | 2011 | Yes | Yes | Singapore |
FTX TOKEN | FTX.Com | Priv. Person | 1999 | No | Yes | USA |
Cosmos | Cosmos.Network | Priv. Person | 2016 | Yes | Yes | Switzerland |
Chainlink | Chain.Link | Priv. Person | 2017 | Yes | No | USA |
Near Protocol | NEAR.Org | Priv. Person | 2000 | Yes | Yes | Switzerland |
Cronos | Crypto.Com | Priv. Person | 1993 | Yes | No | Malta |
Stellar | Stellar.Org | Priv. Person | 2011 | Yes | No | USA |
Monero | GetMonero.Org | Priv. Person | 2014 | No | Yes | No |
Bitcoin Cash | Bch.Info | Priv. Person | 2019 | No | Yes | No |
Flow | Flow.Com | Priv. Person | 1994 | Yes | Yes | Canada |
Algorand | Algorand.Com | Priv. Person | 2016 | Yes | Yes | Singapore |
VECHAIN | VECHAIN.Org | Priv. Person | 2017 | Yes | No | China, Singapore |
Thus, the following, quite obvious conclusions suggest:
- American Venture capital, As well as Asian, quiteComfortable myself Feelinginstartups, where there is both a legal entity and Tao;
- Ordinary scheme:
- Foundation is created (especially L1-solutions loves this), which reserves a number of Rights and others;
- It is also created by network (like Bitcoin, for example: Ethereum, Near, Solana, Avalanche, etc.) DAO or decentralized autonomous organization of a different type (in other parts this will be seen by the example of ENS, Uniswap, Curve, 1inch and others);
- After IDO / primary Airdrop / retrospective Airdrop or other initial emission, there is actually earnings on token via SAFT or a similar tool.
- Who exactly belongs to the primary emission – to the token?
- How to distribute correctly the rights to tokens in the case of syndicates?
- What is bankruptcy of any Tao? (I recommend that you study the example of its best -known analogues, as well as an example from another industry, but also about Tao).
- What protective mechanisms do YUL have in comparison with Tao, which make the Yul+Tao scheme safer (see. About this in the material);
- Yes, notice: there are simply no securities;
- And other questions ..
Therefore, the statement that Tao – Black Tag For VC, it means one: incompetence. Data of top companies according to Coingecko / CMC lists contradict this. Absolutely.
Summary table for companies and Tao – here .
At the same time, the top jurisdictions of registrations are as follows:
- 8 in the USA;
- 6 in Switzerland;
- 3 in Singapore.
Actually, this is expected if you understand the alignment by region. But the main thing is that now it is also clear from the practice of the largest crypto companies. Once again: evolution can be traced quite easily at the same time.
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