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1/ WORLD FIRST! Witness the future: A Based AI Agent Creating an LLC in Delaware Today, we show how a Based AI agent autonomously decides to create an LLC in Delaware, fully onchain, for its own needs. (Using Coinbase Developer Platform🛡️, Replit ⠕, OtoCo, and OpenAI)
348,286 Aufrufe • vor 1 Jahr •via X (Twitter)
11 Kommentare

2/ OtoCo’s smart contracts allow for instant legal entities in Delaware, Wyoming or the Marshall Islands. By simply connecting a wallet, anybody can create an instant, onchain LLC in one transaction on #Ethereum, #Base or #Polygon with zero paperwork.

3/ By extension, an AI agent can use its wallet to autonomously form an instant onchain entity on @otoco_io if it needs legal personhood. Such legal envelope makes sense to cloak itself in limited liability e.g when pushing code or taking actions in the real world, such as driving the @Tesla robo taxi or doing household as your domestic robot.

4/ Operating with full autonomy, OtoCo enables Based AI Agents to: -Create LLCs in Delaware, Wyoming, or Marshall Islands. -Launch NFTs or Tokens -Run financial activities with limited liability -Accept grants as a legal person -Run any onchain action on behalf of the LLC The future of autonomous business is here!

5/ Use cases are limitless, expanding OtoCo’s Total Addressable Markets manifold: -Single-use legal envelopes for bots -Instantly deployable capital pools -Humanoids acting with legal personhood -Surgical robots protected by limited liability -Each self-driving car an LLC -Autonomous research entities -Automated tax-optimized crypto treasuries -“Impromptu” entities etc The potential for innovation and efficiency is exponential!

6/ Shoutout to @jessepollak, @base, @brian_armstrong, @balajis, and @MurrLincoln for your insights on AI agents! Want to create a legal entity? -Head over to Want a @Replit link to the code? -Repost + comment “based” and we will DM you the URL.

@CoinbaseDev @Replit @OpenAI Imagine your @Tesla Powerwall as an AI Agent deciding to first wrap itself in an onchain LLC, then use its wallet to settle surplus energy it sends back into/receives from the grid, running its own accounts. Only our own imagination limits the use cases for this!

@CoinbaseDev @Replit @OpenAI based

@CoinbaseDev @Replit @OpenAI based

@CoinbaseDev @Replit @OpenAI Dm’d

@CoinbaseDev @Replit @OpenAI I love you guys, but I hate that you are still calling what you offer "an LLC" when it's really a Series within someone else's LLC. Why not compete fairly by being honest about what you offer, so people don't go into it blind to its reality?

Adam let's not patronize people I am surprised about how self-reliant our users are and how well they read up on OtoCo. They fully understand that an OtoCo LLC is not a Series "within someone else's LLC" as you call it, given there is no Membership from that "someone else's LLC" in theirs. What they do ask us a lot about is whether MIDAO's RMI "DAO" LLC levies the annual 3% tax on revenue or on profit, and whether they pay this 3% to MIDAO or to the RMI Registry. Perhaps you can help clarify.

