A couple of questions after I read this:
“assets (RWAs) on the Liqwid protocol are issued by a legally established purpose trust”
- How is this trust legally organized to operate in multiple international jurisdications? Does it need to be organized in each jurisdiction where an RWA is proposed to be tokenized?
“three key parties—Credit Gate, Listing Agent, and Technology Agent—collaborating under a mandate from the Liqwid DAO.”
2. Is this term “collaborate under a mandate” strong enough legally? Should it be strengthened so that all parties collaborate, but ultimate the Liqwid DAO has the control to terminate or shift directions as needed? I am specifically thinking of the early challenges between IOHK, Cardano Foundation, and Emurgo where early vision was not implemented and there really was no recourse or way to change direction.
Overall these are details to iron out, but I think the concept is awesome and a great future product for Liqwid to offer.