Lexrifyly

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The JC is developing a neural network-powered chatbot that applies deep machine learning artificial intelligence to compose sardonic articles about the futility of legaltech.

The articles will be minted as non-fungible tokens on the blockchain.

We are pleased to announce Cass Mälstrom as the crypto co-chief executive officer of this exciting new venture. Cass joins us from FTX, and before that she was at Amaranth, Lehman Brothers, Enron, Long Term Capital Management, Barings Bank, and the East India Tulip Company of the Belgian Congo.

Cryto-SPAC

In 2023 Lexrifyly will be launching a special purpose acquisition cryptocompany, the Soaring Legal Eagle Acquisition Crypto Corporation, which will use all funds raised (in used, unmarked dollars in brown paper bags please) to mint and then acquire non-fungible tokens artistically representing the C-SPAC’s own crypto-shares. These will not confer direct legal ownership in the SLEACC shares — which will be ceremonially destroyed to ensure the primacy of the on-chain investment — but will instead have independent aesthetic existence as virtual artworks, embedded for all time and all purposes, in a blockchain somewhere.

C-CEO Cass Mälstrom said:

“By removing the physical shares from existence and only having the NFT, we can ensure that the NFT, due to the smart contract ability of the blockchain, cannot be altered is the only representation of the share that exists in the offworld. By doing this, the value of the shares will then be moved onto the NFT.”

The shares will be destroyed by ordinary corporate liquidation.

See also

• Cryptobabble
• Legaltech startup conference
• Legaltech entrepreneur