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Selectable at launch. Choose it with star launch create --ownership offshore-dao (see the CLI reference). Setting the foundation up happens after a successful raise, on a call: book one. If your raise does not graduate, nothing is formed. In the DAO structure, an offshore foundation holds the company IP and the token is the cap table. Ownership is fully liquid. Governance operates onchain through decision markets.

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Properties

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How it works

  1. An offshore foundation (for example a BVI company with a Cayman SPC) is created for the project.
  2. The founders assign the project IP to the foundation.
  3. The token becomes the ownership of the foundation. There is no separate equity class.
  4. Decision markets govern the treasury: raised funds, trading fees, and revenues.

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What holders receive

The holder owns a share of the whole project, not a claim on it. Governance rights and treasury exposure travel with the token. The position is liquid from the first block.

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When to use it

Use this structure when you build fully onchain and do not plan a traditional venture path. The trade is permanent: with the IP in the foundation, there is no conventional equity to sell to a VC later. Teams that want both paths should read Revenue share or ACE.