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The articles will be minted as [[Non-fungible token|non-fungible tokens]] on the [[blockchain]]. | The articles will be minted as [[Non-fungible token|non-fungible tokens]] on the [[blockchain]]. | ||
We are pleased to announce [[Cass Mälstrom]] as the | 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=== | |||
Latest news: [[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 dollars) to mint and then acquire [[non-fungible token]]s of its own crypto-shares. These will not confer direct legal ownership in the SLEACC shares — which will be ceremonially destroyed to | Latest news: [[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 dollars) to mint and then acquire [[non-fungible token]]s of its own crypto-shares. These will not confer direct legal ownership in the SLEACC shares — which will be ceremonially destroyed to | ||
{{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]]. | CCEO 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]].”}} | |||
{{sa}} | {{sa}} | ||
*[[Legaltech startup conference]] | *[[Legaltech startup conference]] | ||
*[[Legaltech entrepreneur]] | *[[Legaltech entrepreneur]] |