Lexrifyly: Difference between revisions
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We are pleased to announce [[Cass Mälstrom]] as the [[Chief executive officer|crypto co-chief executive officer]] of this exciting new venture. Cass joins us from [[FTX]], and before that she was at [[Amaranth Advisors LLC|Amaranth]], [[Lehman Brothers]], [[Enron]], [[Long Term Capital Management]], Barings Bank, and the East India Tulip Company of the Belgian Congo. | We are pleased to announce [[Cass Mälstrom]] as the [[Chief executive officer|crypto co-chief executive officer]] of this exciting new venture. Cass joins us from [[FTX]], and before that she was at [[Amaranth Advisors LLC|Amaranth]], [[Lehman Brothers]], [[Enron]], [[Long Term Capital Management]], Barings Bank, and the East India Tulip Company of the Belgian Congo. | ||
===Cryto-SPAC=== | ===Cryto-SPAC=== | ||
In 2023 Lexrifyly will be launching a [[Special purpose acquisition company|special purpose acquisition cryptocompany]], the Soaring Legal Eagle Acquisition Corporation, which will use all funds raised (in used, unmarked [[US dollars|dollars]]) to mint and then acquire [[non-fungible token]]s of 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. | |||
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]].”}} | ||
The shares will be destroyed by ordinary corporate liquidation. | |||
{{sa}} | {{sa}} | ||
*[[Cryptobabble]] | |||
*[[Legaltech startup conference]] | *[[Legaltech startup conference]] | ||
*[[Legaltech entrepreneur]] | *[[Legaltech entrepreneur]] | ||
Revision as of 10:16, 24 November 2022
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Office anthropology™
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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 Corporation, which will use all funds raised (in used, unmarked dollars) to mint and then acquire non-fungible tokens of 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.
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.