This outline provides an overview of the most common structure for incorporating a Cosmos SDK chain or decentralized application with a token for projects based in the US.
This outline provides an overview of the most common structure for incorporating a Cosmos SDK chain or decentralized application with a token for projects based in the US.
We believe our research on the best practices for Web3 founders should be freely accessible for everyone. However, please note that we are not lawyers. We just want to get this information out there so you have a starting point before seeking legal council.
We believe our research on the best practices for Web3 founders should be freely accessible for everyone. However, please note that we are not lawyers. We just want to get this information out there so you have a starting point before seeking legal council.

Legal Structure Overview

The following table gives an overview of the different stages of legal structuring for US-projects:
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Entity Details

The following highlights more details on the 3 different entities this structure includes:
Step 1: Developer Company (DevCo) for US-ProjectsStage 2: Setting Up the Token Issuer Entity / Token SPV (US-Teams)Step 3: Network Foundation Structures (US and non-US Teams)