Co-Ops - Beneficial Ownership - Canadian Law - Fabric Threads

• Differences in jurisdiction related to Co-Op laws
• Compile a list of the primitives that we have
• BARE trust is another example
• Question 1 how do we structure it
• question 1.5 is how airtight is the structure
• Question 2: how do we build it? What agreements need to be in place on the software side? How do we make it seamless?
• Securities framework related to this, what are the exemptions,
• Is there some part of our system process that actually even requires a regulatory conversation.
• The vetting process needs to happen, council needs to happen.
• It is clear that you can’t start a company today and offer that to the public without registering, what about a house?
• Why is a house different? Why could shares of a property be sold in a different manner?
• Fractional ownership can mean everyone has an interest in the whole thing, or people can literally own that slice of the pie.
• Whole body of law related to Decentralized Autonomous Organizations
• What can you do without actually incorporating.
• Not incorporated so there are no shares but it is still contractual
• H and G Horwitz Decentralized Autonomous Organization
• We are looking at the relationship between a Trustee and a blind trust, are they able to receive orders and directives from a dead drop? Is this something that can be specified into an agreement?
• What if the guardian is the originator of the agreement, instead of it linked directly to us but the guardian is paid in some way that we provide them services for?
• If we make sure they follow our system and they would go in and deploy a custodian would allow us to avoid that legal exposure, no ties to fractional itself?