TOKENIZATION LLC
Tokenized Delaware LLCs
TOKENIZATION LLC
TOKENIZATION LLC is a patent pending system integrated into ENS for minting/owning/managing Delaware LLCs.
Benefits
- Limited liability protections for crypto wallets and web3 activities
- Bridge IRL businesses onchain with wholly owned subsidiaries providing limited liability protections to the business from onchain activities
- Legal personhood for onchain digital assets to conduct business and contract IRL
- Real world asset tokenization abstraction for assets that can not legally be tokenized directly (e.g. real estate)
| 🌎 | 🔮 | 🌐 |
|---|---|---|
| State of Delaware | 🔮 | ENS |
| TOKENIZATION LLC | 🔮 | tokenizationllc.eth |
| Protected Series | 🔮 | Subdomain |
| Member | 🔮 | Owner |
| Manager | 🔮 | Manager |
| Books & Records | 🔮 | Addresses & Records |
SAVE TIME & MONEY
The Delaware filing fee for a new LLC $110 + $1,000 expedite fee for 1 hour filing service. Then a $300 Annual Franchise Tax every year thereafter to keep the LLC in good-standing. Also LLCs have addition costs like 3rd party registered agent fees and attorney fees.
TOKENIZATION LLC uses a legal and technical framework, called the “LLC Oracle” that abstracts away all those fees (yes, this is legal) and can allow new LLC formation on demand by minting ENS subdomains.
BUDGET/MILESTONES:
Using the $500 1st place prize from the Webhash Buildathon as an inital budget to date I have achieved the following milestones:
- TOKENIZATION LLC Certificate of Formation, State of Delaware Filing Fee +24 hour expedite service:
$210 - Delaware Registered Agent:
$50/year - Delaware Trademark Fees:
$35 - US Provisional Patent Filing Fee:
$60 - Mystery Expense:
~$79 - ENS Cost:
~$60
Remaining Balance: ~$35
POINT OF CONTACT:
enspunks.eth