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lexDAO - Standardize Legal Goods on Ethereum in 2020


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Next update : 1 month, 3 weeks ago | Last updated : 1 month, 3 weeks ago



{"ops":[{"attributes":{"link":"https://twitter.com/lex_DAO"},"insert":"lexDAO"},{"insert":" is a "},{"attributes":{"link":"https://mainnet.aragon.org/#/lexdao/home/"},"insert":"cooperative association"},{"insert":" on Aragon building open legal infrastructure for the Ethereum network 🤖 🤝 . \n\nOur members span the globe and represent a "},{"attributes":{"link":"https://github.com/lexDAO/TLDR/blob/master/lexScribes/lexDAO.md"},"insert":"deep bench of expertise"},{"insert":", with licensed legal professionals and tech gurus contributing to our core operations, research and "},{"attributes":{"link":"https://github.com/lexDAO/"},"insert":"development"},{"insert":". \n\nIn 2019, our members open-sourced novel proofs-of-concept in collaboration with "},{"attributes":{"link":"https://openesq.tech/"},"insert":"OpenEsquire"},{"insert":" legal engineers, including an "},{"attributes":{"link":"https://twitter.com/TokenSoftInc/status/1202259931140780032?s=20"},"insert":"extension of erc-1404 Security Token scripts"},{"insert":" to integrate erc-2222 dividend accounting, "},{"attributes":{"link":"https://medium.com/coinmonks/introducing-the-lexdao-registry-a-tldr-approach-to-smart-contracting-f4ebca8ff4f0"},"insert":"professional on-chain arbitration"},{"insert":", "},{"attributes":{"link":"https://twitter.com/lex_DAO/status/1204424984896163842?s=20"},"insert":"dApps for token"},{"insert":" and "},{"attributes":{"link":"https://twitter.com/r_ross_campbell/status/1213213214164553730?s=20"},"insert":"ether escrows"},{"insert":", "},{"attributes":{"link":"https://twitter.com/r_ross_campbell/status/1214759190520053760?s=20"},"insert":"DAO-managed NFT credentialing"},{"insert":", as well as "},{"attributes":{"link":"https://twitter.com/lex_DAO/status/1203030797965504512?s=20"},"insert":"dynamically-priced legal research using \"offer tokens\""},{"insert":".\n\nOur agenda for 2020 is to double-down on ESCROW with a focus on UX to make it dead simple for law firms and startups to take advantage of these lexDAO products:\n\n"},{"attributes":{"bold":true},"insert":"PRO Digital Escrow and Arbitration "},{"insert":"👩‍⚖️\nWe see market opportunities and public benefit to offering professionalized arbitration in conjunction with crowd-resolution protocols like "},{"attributes":{"link":"https://kleros.io/"},"insert":"Kleros"},{"insert":" and "},{"attributes":{"link":"https://anj.aragon.org/"},"insert":"Aragon Court"},{"insert":", starting with a focus on credentialed systems to escrow assets through the "},{"attributes":{"link":"https://lexdao.club/"},"insert":"lexdao.club"},{"insert":" portal. With grants for front-end development, we can rapidly integrate new features, such as chat rooms for arbitrators to discuss and share records associated with escrow disputes, offering more and better options for settling e-commerce transactions over Ethereum.\n\nFor starters, see this "},{"attributes":{"link":"https://twitter.com/r_ross_campbell/status/1216466273841942528?s=20"},"insert":"recent demo of a TLDR-managed escrow transaction"},{"insert":". \n\n"},{"attributes":{"bold":true},"insert":"Common Security Token Standard "},{"insert":"📜\nThere is currently a plethora of different security token implementations on Ethereum. With our membership largely drawn from practicing attorneys, lexDAO is coming to consensus on core features necessary for regulated equity tokens, and we hope to consolidate these insights and offer simple programs to tokenize legal assets. With grants, we can move quickly to deploy landing pages to utilize our "},{"attributes":{"link":"https://github.com/lexDAO/Simple-Restricted-FDT/blob/master/contracts/SRFDT.sol"},"insert":"SRDFT factories"},{"insert":" and generate accompanying legal documentation as public goods.\n\n"},{"attributes":{"bold":true},"insert":"Common Credential Token Standard "},{"insert":"🥇\nLikewise, we see opportunities to standardize how Ethereum accounts represent credentials and 'whitelist' access to regulated financial opportunities, such as Reg. D token sales. On this front, we would like to open-source and contribute Solidity code and insights on how to register these credentials using DAOs and Ethereum tokens, starting with our own implementation of ERC-721 and beta program for \""},{"attributes":{"link":"https://github.com/lexDAO/AIT"},"insert":"Accredited Investor Tokens"},{"insert":".\" \n\nAs described briefly above, we have already deployed POCs of all of these systems on Ethereum mainnet and are now looking to engage with front-end developers to make these goods ready to integrate into traditional legal flows in 2020. \n\nOnward and Out! ⚔️ || lexDAO || ⚔️\n"}]}

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