Please describe your proposed solution.
We will be sitting down with the partners and associates at Schulte Roth & Zabel LLP to discuss the plan we have for the DAO and its token.
Once disclosed we will work with their legal team to bring the DAO and token into the confines of the law to ensure long term growth of JPG.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
The efforts put in by the JPG team will help the understanding of North American laws in relation to tokenization. This will empower other entities within the Cardano ecosystem and crypto as a whole to learn from our roadmap and launch other utilitarian tokens.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The challenge that we foresee is arriving at a solution that not only keeps our token and DAO within the confines of the law but also one that doesn’t strip away the core ideals of being community driven.