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{{a|crypto|{{image|cryptoagle|png|After a hurried rebranding to take advantage of the umlaut}}}} | {{a|crypto|{{image|cryptoagle|png|After a hurried rebranding to take advantage of the umlaut}}}} [[cryptöagle]] is a [[special purpose acquisition crypto corporation]], or “[[Crypto-SPAC]]” founded as a division of the [[Lexrifyly]] group the [[JC]]’s [[legaltech]] division that he {{strike|made up|spun off}} in 2022. | ||
The “Soaring Legal Eagle Acquisition Crypto Corporation”, as cryptoagle is officially known, will launched by initial token offering. All funds raised (in used, unmarked [[US dollars|dollars]] in brown paper bags please) will be used to mint and then acquire [[non-fungible token]]s — [[jollycoin]]s — which will be [[deemed]] to be [[an amount equal to]] an artistic representation of [[cryptöagle]]’s shares, which will initially be ordinary shares of a limited liability company. | The “Soaring Legal Eagle Acquisition Crypto Corporation”, as cryptoagle is officially known, will launched by initial token offering. All funds raised (in used, unmarked [[US dollars|dollars]] in brown paper bags please) will be used to mint and then acquire [[non-fungible token]]s — [[jollycoin]]s — which will be [[deemed]] to be [[an amount equal to]] an artistic representation of [[cryptöagle]]’s shares, which will initially be ordinary shares of a limited liability company. | ||
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C-CEO Cass Mälstrom said: | C-CEO Cass Mälstrom said: | ||
{{quote|“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 [[share]]s will then be moved onto the [[NFT]].”}} | {{quote|“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 [[share]]s will then be moved onto the [[NFT]].”}} | ||
===Branding remix=== | |||
The [[C-SPAC]] has already undergone a bewildering number of branding changes, and it is less than a day old. “Soaring Legal Eagle Acquisition Crypto Corporation” became [[Crypto-Eagle]], then its present iteration Cryptöagle, and there is talk of a further move to “[[Cryptoegal]]” — see what we did there? — which by logical extension becomes [[Cryptögal]], which sounds like a Marvel superhero, and therefore, sod it, because we are a rockband, [[Crÿptögäl]] | |||
{{sa}} | {{sa}} |