Engage DAObox to Manage DAO Legal Wrapper
Last updated
Last updated
DAObox offers a complete management and administration service for DAO legal wrappers, covering all essential aspects of operating and maintaining both new and existing legal structures.
Creating a legal wrapper is just the first step. To keep it functional and legally compliant, a DAO must appoint executives to manage the entity and personnel to handle day-to-day operations. This involves dealing with paperwork, compliance, and infrastructure management, which are resource-intensive tasks requiring dedicated attention and proper skill.
Historically, core contributors, such as founders and key team members, took on these roles. However, as the blockchain space evolves, so do regulatory risks and compliance complexities. Today, many contributors are reluctant to expose themselves to legal liabilities, undergo KYC checks, or manage the daily operations of the legal wrapper, creating governance gap and can lead to operational inefficiencies.
Additionally, allocating DAO personnel to oversee these responsibilities often results in a disproportionate use of resources, diverting attention from core development and innovation. To address these issues, DAObox has developed a specialized Legal Wrapper Management Service that provides a complete solution to handle all aspects of wrapper administration.
Our service is designed to minimize the burden on DAOs while ensuring that their legal wrappers are fully operational and compliant from day one. By engaging DAObox, DAOs eliminate the need for multiple third-party providers and reduce expenses related to personnel and management, ultimately saving on overhead costs.
End-to-End Management We manage all aspects of the legal wrapper’s operations, from compliance and reporting to daily administration, making it a turn-key solution for DAOs seeking efficient governance.
Maintaining Decentralization Entrusting legal wrapper management to a neutral third-party like DAObox ensures that the DAO maintains its decentralized nature, avoiding centralization risks that arise when core contributors or affiliates take on management roles.
Cost-Effective Operations With our all-inclusive service, DAOs no longer need to engage additional staff or external professionals. DAObox provides personnel to efficiently manage your DAO’s structure, which leads to substantial savings on payroll and administrative overhead.
Guidance We provide continuous guidance to our client DAOs on evolving regulations, emerging market practices, and innovative solutions for DAO legal wrappers. We also keep our clients informed on new frameworks and solutions that can enhance the effectiveness and security of their legal wrappers.
Transparency Engaging an independent DAO wrapper administrator fosters transparency across the organization. By having an impartial, third-party professional manage the wrapper, DAOs can ensure that all operations, governance processes, and financial activities are conducted openly and fairly.
Scalability DAOs require solutions that can grow with them as they expand. Our services are designed to scale alongside your organization, whether you’re onboarding more members, increasing your transaction volume, or expanding into new markets.
Our management service operates on a subscription basis, with packages tailored to the complexity and needs of each DAO. We offer two primary packages: Comprehensive Wrapper Management and IP Unit Management. Each package can be further customized to match the specific requirements, objectives, and estimated time commitments for the DAO.
Standard engagement terms:
Minimum Contract Duration: 2 years. Extension/termination permitted
Fee Structure: Fixed all-inclusive fee. Annual subscription
Incentive Structure: A modest token allocation as our long-term incentive.
Our baseline fee structure:
Ecosystem Unit Wrapper: $6,250/m ($75,000 p.a.)
IP Unit Wrapper: $3,000/m ($36,000 p.a.)
Custom Wrapper: TBD.
Token Incentive Structure: TBD (individual). Customary locks apply.
As a DAO wrapper manager, DAObox is capable of handling a wide range of responsibilities to ensure that the legal wrapper operates seamlessly and remains compliant. Depending on the circumstances, DAObox can assume the following responsibilities.
Taking position of director
Taking position of a director (supervisor, managing member, similar position) in the legal wrapper
Representation
Representing the wrapper before third parties and acting as the main contact point
Facilitating the Structure
Ensuring that the DAO structure remains in good standing. Renewals, repostings, and similar matters
Corporate Actions
Handling major corporate formalities, actions, and continuations
Daily Operations
Acting as a de-facto and de-jure administrator/manager in the legal wrapper, processing major day-to-day operations and performing DAO's assignments
IP Management
Collecting, holding and managing copyright, developments, trademarks, domain names, and other intellectual property
Paperwork and Documents
Handling all essential paperwork, agreements, and legal documentation relating to the DAO legal wrapper
Contributors
Legally engaging and overseeing the contributors, external service providers, and auditors as needed
Infrastructure and Subscriptions
Managing technical infrastructure and third-party services and subscriptions
Fiat Payments
Opening and maintaining fiat payment accounts
Grants and Incentives
Administering grant programs, grant program procedures, initial review of grant applications, support
Ongoing Guidance
Providing continuous support and advice on all matters related to the legal wrapper, participation in AMA sessions, community events.
Transparency is at the core of our management service. DAObox provides comprehensive quarterly or semiannual reports on all material operations and financial position. For urgent issues or major developments, we deliver immediate updates to keep the DAO fully informed. Additionally, our team is readily available to answer questions, participate in community AMAs, and provide ongoing guidance to ensure all DAO members are aligned and confident in the wrapper’s operations.
At DAObox, we understand that the security of your legal wrapper and assets is paramount. Our comprehensive security framework includes:
Multi-Signature Wallets: All assets held by the legal wrapper are managed using secure multi-signature wallets to prevent unauthorized transactions.
Data Protection and Encryption: We implement industry-leading encryption and data security measures to protect sensitive information.
Strict Access Controls: We limit access to critical systems and information, ensuring only authorized personnel are involved.
Proactive Risk Management: Our risk management strategy is designed to identify, evaluate, and mitigate risks before they become issues, providing an additional layer of protection for the DAO and its assets.
Ready to take the hassle out of managing your DAO’s legal wrapper? Contact us today to learn more about our comprehensive management services and how we can support your DAO’s growth and compliance.
