We need containers to hold things, from drink cans and grocery bags to wallets and trusts.
Code is held in repositories. Organizations too can exists just in code, as Decentralized Autonomous Organizations.
Most projects however look for a limited liability shield. Though we believe limited liability is in essence contractual and can hence be smartcontractified, this remains untested.
As a result, the limited liability company is likely to remain the main legal wrapper for most of our economic activity, from starting a venture to pooling capital to holding investments.
We started with onchain “kits” such as an easy ERC20 token foundry, the ability to add a multi-sig cryptoasset company wallet with an ENS wallet address, onchain encrypted messaging, and more.
OtoCo users can also pay for our services in all major crypto, as well as with card and Apple Pay, via a simple unified checkout.
These new features hint at where OtoCo is going: towards building an automated assembly line for onchain entities that lets you add the components you need for your blockchain project, no matter where you are around the world.
In what follows, we first want to talk about why we started with company formation, to then explain how we plan to transition from product to platform.