We've just hit a major milestone!
Japan's first Parallel Entity activation and pilot DAO LLC public offering has been completed successfully! 🇯🇵✨
ofc through the integration of Borderless: Parallel Entity OS🧩
#RoadtoParallel#DAOLLC#ParallelEntity
https://t.co/uByx1wFdrR
This is some good news about a project in Japan coming to Metis and I'd like to offer some perspective:
Borderless simultaneously maintains its existence as a legal entity and as an onchain entity. This is very hard to achieve and brings the advantage of turning complex legal requirements into something as simple as a few clicks with onchain rules.
This allows for multiple entities to be brought into the chain, including government organizations that are ready to explore this world with regulatory comfort. A wide door can be opened for Metis to work with the Japanese government in this way.
The only issue?
Since they didn't make it through the CEG vote, they'll have to wait for another round to join our ecosystem. I hope the Metis community realizes it's not all hype and gets behind real use cases that can really make a difference in the long run. I'll be working with this team to make sure they're onboarded properly.
Let's get ready to rrrumble! Four candidates are up for CEG vote and your participation is required!
🗳️Vote for Medusa @medusa_metis
https://t.co/OROgEdY35H
🗳️Vote for Borderless @Borderlessdao
https://t.co/m1ywmjCTMw
🗳️Vote for Toaster Finance @toasterfinance
https://t.co/rweETOQSU2
🗳️Vote for TaskOn @taskonxyz
https://t.co/Uafg0BZpeB
#MetisGovernance
Hey developers! 👋
Super excited to share what Borderless is building on Metis! They’re creating digital twins on-chain for companies, making ICO-speed capital raising a reality, and unlocking the power of DAO collaboration.
It’s amazing to see how they’re contributing to the Metis ecosystem. Can’t wait to see more projects like this!
Let’s keep BUIDLing on Metis! 🙌
Share your projects with us don't forget to tag #BuidlOnMetis and @MetisDevs
🌿🌿🌿
Borderless = "Parallel Entity OS"
🌐⛓️💥🌏️
Imagine: every company with its digital twin on-chain.
Capital raising at ICO speed⚡️, unleashing DAO's collaborative power🌐.
We give companies their gateway to Ethereum—their bridge to the world.
#BuidlOnMetis@MetisDevs
We are really excited to be joining @MetisL2's STARTathon!
As one of the few in this space who inherit the narrative of DACs, we intend to nurture this narrative while sharing the struggles more closely with like-minded individuals from now on 🤝
Make DAC great again together!
👀 Something exciting is on the horizon...
@QBlockchain is collaborating with @BorderlessJpn to bring Hybrid Entities to life in Japan and beyond! 🇯🇵
"We want to establish thousands of organizations over the next years," hinted @thxdao, co-founder of @Borderlessdao .
Stay tuned for more updates! 🌏
10/
*️⃣DAO LLC is really a LLC which allows issued securities to be treated as Type 2 securities (less restrictions than Type 1.) Then your stakeholders can exist on-chain, and company operations like governance and payroll can be moved on-chain, which is similar to a DAO.