Here's an angel investment from the future: Web 3.0 changes the angel messaging guide

This is what the capital of the angels of the future looks like.

Send the USDC from your ENS wallet to your ENS company and bring your digital equipment back to your wallet. These treasures are stored on glass desks, which are copies of key chairs, and stored in storage compartments (such as Carta) for storage. The terms of this tool are regularly updated on the mirrored smart contract.

Once you understand all the details of this sentence, you may decide to explore this question or join a group in this area. Or read on.

Made a meme

There was a recent discussion on web3 at 30,000 feet and 280 characters. To bring this back to reality, I want to talk about a special issue: the impact of Angel traders. In this area, off-chain web2 tools such as Docusign, Hellosign, Carta and AngelList have grown in recent years, as well as web3 tools in the chain, in particular the Ethereum blockchain, USDC Stable Currency and Ethereum Name System ( ENS). ) - to be more efficient.

To this end, we will introduce the concept of mirror tables, which are a representation of the meetings of the traditional capital. The definition of mirror table for the flat table is the same as the definition of stable money for fiduciary outcomes. This means the phone connections offer 24/7 availability, support for international wallets and smart contracts, while the off-chain version provides legal and social connectivity compatible with existing systems. In other words, mirror tables dramatically improve programmatic relationships with investment tables, just like Stabilitycoins do with fiat currencies.

But why "simplify and accelerate the process of integrating key resources"?

The comeback

As a revival, Angel capital is made up of an upper layer. As technology moves away from the physical instability of Silicon Valley, more and more tech apps and rapid revenue streams are released at the same time, with higher returns. No prior.

10 times the number of entrepreneurs. The number of investors in each competition has increased. Take a tour of the current financial model.

10 times the starting number. The number of successful start-ups has increased. We see amazing people every week.

increased complexity. The contract was further strengthened. Many tokens are hard and guarantee contracts as well as regular security.

10 times the rule. The number of settlements has increased and regions like India, Nigeria and Latin America are now expanding.

The last point is why this does not solve the problem of the lazy rich. If you are one of them, you will stay all the time. Other wealthy people are taking risks faster in their investment in the world. And automation means we can do more ... Because today's PDF, email, and spreadsheet systems are obsolete and messy systems under heavy load.

The status quo, maintaining the angel capital process

As a trader, the current process is as follows.

meet the developer

Chat by email or through one of our many chat apps such as Twitter DM, WhatsApp, Telegram or Signal.

They send the information by email.

Check general security, token sales, trading deals, or special information.

Sign, print, sign and copy documents from Docusign or Hellosign.

Download signatures, schedule PDFs, and save them to large Google Sheets or Notion databases.

Receive the bank transfer information.

Getting started with wired transmission is quite easy.

Some countries like India have endless KYC procedures to make sure you get a wire transfer.

Now, over the next few years, you will get information from a temporary startup.

Upon completion of this grant, you will receive a Safety Certificate for several machines including Clerky, Carta, and Shareworks.

You can also download files from AngelList, Republic.co, and other websites after the fundraising process is complete.

It may be possible to regularly receive new notifications and invest and / or hold shares at higher prices a month or a year later. or be notified of a termination, consolidation, deletion or closure of the event and the signing of the minutes.

Most have good references upon check-out, but you need to register early and submit your applications.

When a business closes, it's usually in trouble, but you need information about your capital loss.

12. It's also like emailing Coinbase to figure out the value of each coin, so you need to send emails regularly to measure your debt, which is tedious for each participant.

It might not seem like a big deal, but not all of the investments that happen are just a click away from X dollars today. Regular maintenance fees in Y USD. It is not easy for financial companies to save tens or hundreds of investments over many years. For some, the burden of monitoring is starting to reduce the time it takes to measure new investments.

Stack of Angel Investment Skills

What technological processes do current users control this process?

File transfer request. Many applications open on computers and mobile phones. These can be stand-alone apps or meta-processes like text.com. There is also a new group of messaging tools like getcabal.com for updated traders.

Shared inbox. A shared inbox has a shared Gmail or email queue address similar to front.com.

Electronic signature request. Electronic signature devices like Docusign or Hellosign. In most cases, you should get a lawyer to set up a business to create Docusign. Otherwise, download the PDF, sign it, and have them scan it.

It's a poster, where each business has one row and multiple rows, such as Google Sheets, Google Drive, or Idea.

share a bank account. A bank is used to exchange threads, usually a new bank like Arival.

Shared Cryptocurrency Wallet: A shared wallet such as Metamask or MyCrypto used in a "partnership" or bureau de change that USDC exchanges. All aspects of the holding company are relevant and important to innovation.

Many registration systems such as Clerky, Carta, and AngelList have multiple access codes, even those used by businesses. Many important resources are also stored in Google Sheets or Excel. As a trader, this challenge continues due to the low investment in the selection of platform used by developers. You can ask them, but you can't expect them to use the Carta for you down the road.

A small desk on the back. The person or small group below is responsible for each of these joint ventures.

So this is confusing because the data in the capital layer is fragmented between many applications. Some tasks seem simple, like taking advantage of the data, become very difficult because you have to connect them all over the data.

The future of the new Angel investment process using Web3

Here are some of the best new tech and tech to support Web3.

Send USDC from your wallet to your ENS address to your real ENS address and collect your digital treasures in your wallet. This digital treasure is a mirror treasure of a table hat written on a chain that we call a mirror table. The main points of the meeting have been stored in links such as Carta for compliance. And organizations are constantly updating their contracts wisely in new investments, so that they always know the value and value of their assets.

The main model here is the concept of the mirror table. Let’s explain ourselves further.

mirror sharing

Mirrortable is a way to focus on the rule of law and track keywords from the Carta language and other blockchain systems. This includes smart chain contracts and interactive interactions that synchronize the exchange of chains with key points at the bottom of the chain and vice versa. At this point, this is similar to stable earnings, similar to linking assets such as USDC to a legal settlement on the bank account.

Because a specialist company usually manages all of its financial processes in the capital layer of a platform, like Carta, the platform can easily mirror the company, i.e. the potential of the blockchain. Ethereum and manage it throughout the life of the blockchain. business. . The owner will then receive a mirror for the ENS address. Meeting resources and legal documents remain the primary purposes of the law and are always used in accordance with the law. But Mirrotalbe is used by everyone.

In fact, platforms like Carta not only create Mirrotables for a company, but also AngelList, Clerky, LTSE Equity, Pulley, and other off-chain platforms with a sufficient number of private capital tables. All of these people will read and write Mirrotables on the ETHereum blockchain as a kind of shared state. These are all a lot like Coinbase, Binance, Kraken, etc., both of which read and write on the Ethereum blockchain, but with one big difference. Each platform will build Mirrotable and other glass products as well as mobile devices. Digital devices such as ETH.

Features of the mirror table

The functioning of Mirror Stocks consists of three platform components: Founders, Investors and Carta. The latter (a) maintains two links between the Mirror Stocks and the base capital of the stock exchange. , and (b) the founders and investments user interface. provided

From an entrepreneur's point of view, the mirror table will wear out.

If you want to invest: the developer just needs to send you your ENS address and ask you to send your money (company.eth or maybe companyseedround.eth).

Recipient: This address (company.eth) can be easily scanned, reducing the risk of errors in phone addresses, mail forwarding or encrypted currencies. .

Signature and transfer: When sending by ENS, the signature and the transfer are the same and only you can access your private number.

Testimonials: By not sending acknowledgment to the bank and following it, you can see how the chain works in a search block (e.g. Etherscan) and know Make sure you and the developer get the 'silver.

Compliance and KYC hanging on to the chain: If only investors agree or those who meet other compliance requirements can invest in this competition, the platform can do so on the mirror as well. They allow any merchant to browse KYC products like Jumio and then use the product's KYC API to write the relevant certificates into the ENS custom labels. The point is, all merchants only need to go through KYC once, as long as a one-size-fits-all platform can work with KYC service providers.

International Use: If you pass the KYC check, you can theoretically invest in designers around the world with a mirror image from a specialist KYC vendor. Founders can use the local exchange to convert received crypto into local fiat. This only affects the flow of money, and as with stationary coins, there may be other legal issues that need to be resolved over time. However, many laws that have been passed into law are similar to the Wyoming DAO, the bigger the ruling.

Control constraints and fence issues: Developers can configure smart contracts through a platform interface and apply various constraints on the mirrors in the chain. For example, you can allow or disallow changes to assets in a directory, allow changes under certain circumstances, or only allow changes to assets.

Interactions with businesses and individuals: Earn money with the real wallet you invest in. That is, if you have two wallets, one with myname.eth and the other with myfund.eth, you don't have to remember you're next. Whether pocket investment, cash investment or personal investment.

Proof: This is an eye for you, you can check other ENS locations that have sent money to see if anyone else has invested. Founders can also prove that people have invested, which helps them.

End date: You can check the last date of this change in the mirror case of block explorers like Etherscan. You can receive notifications from your portfolio through the mirror if you need to do something, like voters, on the mirror.

Number of shares and times: You can check the actual number of products received in a particular environment, the number of new products released, and the number of products released.

Records: The blockchain records the date of the investment, who invested in it, what business or property was transferred and where it was sent. You can use this (proof!) Information to get relevant information such as the price of the asset at the time and date.

Instant Assessment: You can instantly calculate the measurement of your assets by activating your digital wallet without email confirmation.

Contract Changes: You can trust the founder to easily replace the bulletin board when new terms appear. For example, when they issue new shares or when the price changes, this information is entered into the platform interface and synchronized with the chain's mirror table. Each digital wallet held by the trader can check the new price and new value of the stock on this mirror and calculate the accuracy of the current property and assets.

Contract history: You can view the content and structure of the contract history in the block explorer such as Etherscan, so that you can see if and when the developer evaluates or otherwise any changes to the content (e.g. , voters vote).

Contract automation: All complex clauses such as foreclosure clauses, liquidation, key nesting, etc. can be encoded in the mirror.

Status: Unlike most commercial token products on offer, MirrorTable is based on the web2 Capital Table platform, so no policy changes are required. It looks like an Ethereum API for an existing platform.

Therefore

The interplay between fiat and cryptocurrency is a huge financial opportunity. Cryptocurrency exchanges are worth hundreds of millions of dollars and can run into the trillions of dollars. The interface between the other parts of the fiat system and the cryptocurrency system is the same. And a domain is the combination of fiat assets and crypto assets. This is the first time that the backend of an angel capital has been automated by placing an online investment table in the image of the chain and by creating an interface between web2 and web3.

Appendix A: Frequently Asked Questions

To resolve some of the issues found on Twitter ...

What groups are already working there?

As far as I know, the mirror table concept and all the details described here are new, but there are many starting points and web3 projects such as LAO, Syndicate Protocol, Sign And Wire, PartyRound, Fairmint and EthSign. Of course, many web2 companies including AngelList, Carta, Clerky, LTSE Equity, as well as all the major cryptocurrency exchanges, including Coinbase, are also involved in this issue.

Why is there no control between off-chain platforms like Carta or AngelList?

Short answer: There is too much international corporate law to control all major international investments. Additionally, the lack of chain integration means that stock mirrors cannot be integrated into smart contracts or programmed for the future like others on the Ethereum blockchain.

I think the best example is the cryptocurrency exchange. There are major cryptocurrency exchanges such as Coinbase, Binance, and Kraken. However, there are many small exchanges around the world. Each exchange provides a combination of fiat currency and cryptocurrency, the laws of the country in which they operate, and the blockchain system in which they communicate.

Likewise, it seems that no company can win the whole world market if every decision is discussed regarding all the major investments in the world. Many participants include Carta, AngelList, LTSE Equity, Clerky, Shareworks, Pulley and Stripe Atlas from the US, Vestd from the UK, Ledgy from the EU, Toppeq, Qapita and MyStartupEquity from India.

Finally, it gives an idea of ​​why a company can't seem to be able to monopolize all the big international investments in the world because it involves so many different laws. However, the business can focus on dealing with all Indian corporate law difficulties and with the mirror they can control India the main point of the message. .

There is another way that would require all teams around the world to sign up on devices like Stripe Atlas to complete the process for Delaware C-corp and then run on devices in the United States. However, that doesn't solve the whole problem as developers have moved from Delaware to Wyoming and elsewhere, and the situation is often more difficult. Foreign manufacturers who market to foreign US companies often need foreign relatives to follow. Local laws guide local laws.

And as the corporate culture is global and everyone is registered as a “company, yourself” through self-registration, the number of capital markets can explode. Simply put, with the growth of startups, jurisdictions, complexity, and businesses, capital management is unlikely to be centralized on a single platform.

What if someone loses their ENS key? Will they lose control of security?

There are many new technologies such as password recovery relationships that have become popular which can make the mistake of losing a private key more difficult. So to speak, the mirror table has two synchronization methods and has a contract manager. The company itself. If necessary, each company can remove the partition mirror sent from the chain to the missing ENS address and resend it with the new ENS address, changing the data out of the iron-based chain.

Why can't I close?

To promote the development of mirrors, it is necessary to introduce the notion of learning and mirrors. Think about newspapers from the mid-90s. Back then, the text was a physical newspaper and the mirror was a small website. Only a few articles online. Gradually, over time, newsletter websites became important. New online products are also starting to emerge, such as social media or social media integration. Today the primary journals are the online journals and the mirrors are the physical journals. Basically, it's posted on the newspaper's website at a special time. However, the center of gravity of the main body and the mirror change slowly, and it is not a night shift. The possibilities of using technology and community culture have a chance to change. The same goes for mirroring.

Why not finish immediately?

Use tokens instead of stakes, DAOs instead of companies, and do away with the old system altogether! It is also a reasonable way. Of course, this is also a reasonable option. Pure chain ones are also good. Without them, we wouldn't be here.

But consider how important the Stability Pieces are. They are a very popular bridge between the off-chain fiat environment and the on-chain environment. There are billions of businesses every day.

Think about the importance of a market like Coinbase. They are a very popular bridge between the traditional banking system and the crypto industry. With Coinbase, Kraken, FTX, and Binance, net worth today has easily surpassed $ 100 billion, and there's plenty of room for more.

Here is a general summary. The fiat-for-crypto bridge is worthless because people prefer 100% pure fiat or 100% pure crypto, but there are a lot of places where it is worthless. However, you must obey the law. The original trading blockchains and fair tokens and DAOs are all hybrids, but have failed because they are either too fiat ("correct") or too crypto ("automated"). And decentralize everything ").

You talk about stock tokens. How are they different from tokens? Do they need to change the policy?

Short answer: Unlike commercial tokens, setting up the Mirrortable method does not require any legal modification in a single order. As long as you have a legitimate off-chain platform like Carta that creates all the documentation and signature needed to change any part of the reunion keychain, you just need glasses on the chain. Regulators should ignore the spectacle chain specification. This is just a simple feature for Carta customers. In a sense, it's like adding an Ethereum API or a mobile client. Existing compliance procedures remain unchanged.

Long answer: There were many similarities between the mid to late 2010s, but most of them started with the goal of "changing the law". It worked in places like Wyoming, El Salvador, and Miami, but it took many years and a lot of on-chain value before the global chain got bad. And this technological update is always at the forefront of the system. Although it grows in states and cities of the United States and in smaller countries like El Salvador, it still operates at the subnational and international level.

Therefore, most of the tricks are to first get as much care as possible without changing the law, and then knock on the door legally, regularly in 1000 cities in 100 countries every month. The report shows how much traction we have. Then a city or a nation decides to cover it up and take a risk and change its mind. We have found interest in this city or country, the crypto industry is getting more attention and this precursor can be used in a variety of applications.

This is the revival behind the Mirrotable approach. We rely on Cartas, Clerkys and Angelists around the world to adapt to and comply with each nation's existing legal system. The combination of their global efforts will result in the dramatic performance improvement brought by Mirrotables. Data analysis time has been reduced by 1000 times, KYC time has been reduced by 10 times, and so on. It's like scanning old text. These tables allow us to provide evidence of why all members of justice in the chain should be legitimate.

To recover, unlike tokens, they can be mirrored without changing the code. We continue to comply with the law, establish functional improvements and request policy changes.

What is KYC? How to do KYC on a chain of glasses?

Short answer: You can deploy KYC on chains using custom data from ENS and KYC APIs like Jumio.

Detailed answer: first you need to know a little more about the ENS. The beauty of ENS is that it combines the functionality of a domain name and an open discussion board, as you can see by looking at brantly.eth. A special feature of the KYC channel is the ENS Code of Conduct, which allows you to set the privacy policies of each website. Used to record KYC data on channels. Here is an overview of how it works.

In addition to the previous one, as mentioned in paragraph 5 above, here are more details on how the KYC mirroring process works.

Merchants access a platform such as Carta with their name ENS, thereby accessing alice.eth.

Carta requires you to perform KYC using the Jumio API.

Jumio (or Carta on behalf of Jumio) then writes the API authentication for the Ethereum blockchain using custom ENS files. The syntax may vary, but conceptually our main points are:

us_accredited_investor.jumio.alice.eth =

Accreditation_date.jumio.alice.eth = "November 12, 2021"

signature_to_confirm_with_jumio.jumio.alice.eth = "SbX_t_4Bp..."

Now anyone looking at the alice.eth ENS file in the block explorer can see that Jumio has proven that (a) alice.eth is a certified merchant and (b) the certificate is November 12, 2021. Available daily ( c) If anyone thinks Jumio wrote a value string, you can connect to Jumio.com API to confirm Jumio wrote real data.

Additionally, AngelList or other online mirror operated by Clerky can accept this Jumio KYC, so traders don't have to do it multiple times.

There are many variations on this simple concept.

You can force jumio.eth to sign custom files in ENS, bypassing the verification steps.

The certification date can be specified according to the ISO 8601 timestamp instead of a string.

You may need to get tested twice a year after your certificate expires.

The production process can be 3 or more. Or you can compress it compactly to save space.

If Carta were to write this on behalf of Jumio, the proof would be more difficult and Carta.eth and jumio.eth would have to sign.

But the problem is, after doing the KYC, the KYC and authorization are locked in the chain's ENS file and can be used to access elsewhere. This solves the global KYC problem for angel investing. Write once, where to invest.

This is how we run KYC. But is it possible to swap between equal strings for disconnection?

There are therefore two situations here. Worse yet, the user experience on the platform allows you to click on the built-in Docusign when sending the USDC, which is a bit heavy.

But best of all, sending via yourname.eth would be a valuable, technologically advanced and legitimate equal opportunity click on Docusign mail to you@yourname.com. Why? This is because you can relate the two equivalent methods of ENS name and email address as follows:

a) Register the e-mail address managed by ENS. You can configure your e-mail address in your ENS file. A special example is bratly.eth as shown below.

b) Provide an email address to manage the ENS name. Alternatively, in the same way that DNS solutions work, someone with an email password can send a link to the email address so that they can verify the ENS administrative name. Here is a special example from dnsimple.com:

Knowing simple logic, we have set x ↔ y as proof x y and y → x. This means that if you confirm that the name of the ENS administrator can access the email address in their ENS and the email address of the administrator managing the ENS name by clicking on the link, you can count the same. Administer (a) the private key of the ENS name and (b) the password of the e-mail address.

Therefore, if clicking on the email link is a legitimate electronic signature, the electronic signature submission form by ENS must include the fee. You can create a separate digital signature if you want. In fact, Ethereum digital signatures are more stringent than legitimate electronic signature processes. Because the privacy management key is actually managing money in a wallet with ENS ... including ... only fraudulent management of email addresses.

It is controversial and fair. We need lawyers to support these laws, and we need good judges in a crisis.

What about privacy concerns? Does Mirrotable not disclose the details of the investment?

If the founders want to keep their capital private, an easy way is for the platform to give N a different Ethereum wallet plan (0xc92f8366730aFd730770f7BDA05D3a377d52b1D0 0x525059B3) instead of providing a similar and visible ENS. , one for each entrepreneur.

These N Ethereum wallets go to a trader who sends USDC. If they need more privacy, traders can set up an Ethereum wallet plan on the terminal or use something like TornadoCash. Most cryptocurrency markets, including token sales, are made up of chains, and private solutions like these have proven successful over the past few years.

A simpler way is to make the key visible at the mirror platform door, so that anyone with a clear view can see the key ring. You can create different view key templates for detailed discussion of key points of the message, key points of the meeting, etc.

But ... should we keep the capital's table private? Many companies will list all of their angel investors in their financial statements. Many developers want to encourage investors to build proven relationships for fundraising. Many marketers want a unique, standardized link to prove their investment and compile all the ads. Several organizations, such as Crunchbase and CB Insights, reported at the meetings, announcing, for example, that venture capitalists have invested $ 30 million and Angel investors have invested $ 5 million. S-1 will finally present the actual number of shares and details.

Thus, all private information will not be a problem, at least for V1, since the investment table will become transparent. Many people are willing to sacrifice themselves to save time with the full functionality of their closed systems.

How to update the investment table and company data in a new environment? Are blockchains immutable?

Short answer: Community meetings are around a lot of Ethereum smart contracts almost identical to data sharing. So when new funding becomes available, manufacturers replace faulty gears such as stock prices. Now each mirror holder has a new number for its investment.

Detailed answer: People will be discussing the immutability of blockchain. Bitcoin had an early bird in its history and needed an emergency fork. In 2016, the famous DAO hack appeared on Ethereum. However, in recent years Bitcoin and Ethereum have traded poorly, for example the forks on which manufacturers have started to have no compromises in fixing the currency. Parity, for example, is currently unable to garner community support for the stiff competition to reclaim millions of dollars from Ethereum.

So let's assume that Ethereum itself is irreplaceable for our mission. You can add smart contracts like Augur v2 which don't control the keys. This change is different from the regular changes to smart contracts developed by Ethereum that hold the keys. People are always arguing over whether the management key should be in the contract challenge and how long it lasts if there is, but for the president of the smart contract, the presence of the control key is unique, not a mistake. The primary capital of the chain portal is always standard, so if the mirrored contract is inconsistent, the control key can be restored.

Why is it important to measure the backend of angel investing?

Because the decentralization of wealth creation is important. Why are people raising $ 100 million from American tech companies? Part of the reason is that it is difficult to invest 10,000 US $ 10,000 in international developers while maintaining compliance. 500 startups and YC and AngelList helped with this, but there is more we can do when we join this channel. Automation in the background is seen through the mirror table.

Why is this legal?

Again, this starts with the hair mirror on the mirror housing. We're not talking about promoting new digital assets, but focusing on off-chain capital conferences.

Docussign, Hellosign, and Clerky all went to great lengths to ensure that electronic signatures and large investments were legitimate. As a result, important data and resources are still stored in the web2 system over time. Finally, you need something similar to the Wyoming DAO policy, to allow the big meeting chains to be as legitimate as we are allowed by the big online conferences.

Why is this happening in the community?

The first users of web3 fall into two categories: financial users and non-users.

The consumers of money are the producers and the investors. He tries to solve problems like "How do you send 10,000 dollars to 100 people in 100 countries in one week?" The marginalized are the bankrupts, the bankrupts, the disadvantaged and immigrants. They are trying to solve the problem of "How can I create a bank and be part of the global financial system".

In many ways, both push the margins of the financial system. The backend automation described in this article provides both by allowing high-end users to invest directly with intellectuals in countries without prior interference.

What about the United States Securities and Exchange Commission? Are you saying that tokens have value?

First of all, as mentioned above, we are talking about the mirror table, which is a representation of the main points of the meeting. The products presented in this text are mirror products, which are mirror images of the same products in the company, and not digital assets. It looks like a close relationship between the USDC and the US dollar, and between a stable chain and fiat currencies online.

Second, tokens are not assets. Based on the details of this 2017 article, I believe that most of the content in this article has been influenced by modern thinking.

Third, the Internet already contains information on the legalization and decriminalization of various forms of information conversion, which can also occur at exchange rates.

Fourth, cryptocurrency products are an extension of cryptocurrency. We also use Tulip's story to say that the blockchain discussion is amazing, but it will likely fulfill the full legality of the on-chain relationship. The chain will finally arrive.

The reason is that in places like Wyoming, Miami, Colorado, Texas, New York, and El Salvador, technologically advanced people have won the cryptocurrency debate. The obvious checks easily taken by Mirrotable can be problematic in terms of lack of quality.

Is this possible with other channels?

Actually. Ethereum has thought about this, but a lot can change. Instead of Ethereum, you can use Solana or Solana Domain Services, USDC-SPL, etc. It can be supplemented on other L1 chains. It is similar to the Ethereum smart contract because you can try it as a smart contract that only targets Bitcoin, such as Rootstock, the forked version of the Ethereum virtual machine. You can send BTC or ETH instead of fixed coins like USDC.

Should I change the smart mirrortable contract in the next few episodes, or just the state?

It's a decision.

One thing is for sure if you want to change the inconsistency of the mirrored smart contract (e.g. coin price, number of shares, etc.). This is usually better than improving the contract itself.

However, as we do more mirror work and the business evolves from a good early stage (everything is the same) to later legitimate organizations with capital gaps (all look different), the mirror can appear to need to be adjusted. Receive corporate titles, such as smart contracts, invoices, etc.

Finally, you'll have a hardware mirror library with plenty of templates to deal with business legal issues related to finances and deductions. Because this library is on the chain, it can be used and maintained by people from many countries. Finally, around 2030, this mirror library may become an international standard for US, UK, Indian and other legislation. It's similar to “working fine” internet calls via Skype and later WhatsApp.

Is it possible to work with web3 the first way?

What is described above is web2 the first way. That is, work with web2 elements like Carta or AngelList, then connect the interfaces to the blocks in the mirror table.

A three-way website can start with a contractor and developer based at ENS. The main role here is simply the sharing of affairs. Group chats can include anyone who has invested in your business. I think a web3 social network like republic.co can start with a small group of entrepreneurs and developers if they can find a way to lower the minimum investment people can make $ 100 or $ 1000. This can be accomplished by setting a specific goal (SPV) or similar model.

Annex B: Definitions

ange peev

An entrepreneur is someone who invests in startups while doing other things, like becoming a CEO. Angel Merchant is not a Business Expert (VC) and works primarily for companies funded by outside investors. As humans, angels are faster and write smaller checks than VCs. However, while many of the ideas in this sentence still apply to venture capital firms, these changes may start to be accepted by the stock exchange and then move for many venture capital firms.

uppercase table

Short letter to the Cap table, information about the company owning the security. It's a big expansion with online operators and online products. In a sense, capitalization is the most important information in the tech world. Because it determines who receives what money (from a waiver) and who has a say in the major decisions of the company (voting members). Below is the table view.

Carta and large set of table software. In the past, the investment strategy was important, but the company's legal office manages it by manually editing Excel files. If a great investment strategy is affected, it could cost millions or millions of dollars, but some intelligence has invested in its management. The advent of web2 platforms such as Carta has changed this situation and made it possible to control online seats. Below is the problem found.

smart contract

A smart contract is code that runs on a programmable blockchain such as Ethereum. From a simple home loan to a small, global program that can handle loans and the like, or a valuable asset, we'll discuss what you can do with blockchain.

For us

The Ethereum Name System, or ENS for short, is a smart contract that provides a human-readable name for an Ethereum address. If you know how a Domain Name System (DNS) works, we can replace the hard-to-remember IP address like 151.101.3.7 with a readable website address like balajis.com. The principle of operation of ENS is similar, it uses human readable addresses like balajis.eth to replace hard-to-remember Ethereum addresses such as 0x0916C04994849c676ab2667Ce5bbDF7Cc94310a. ENS is easy to pay, but do more than that. It includes usernames, registrations, logins, social profiles and many more features.

USDC

Cryptocurrencies are known for their volatility. Securities are a way to complement both the functioning of cryptocurrencies and the (relative) security of fiat currencies. Basically, it's a way to represent the US currency or any other fiat currency on the chain. USDC is a very popular company, created in 2018 by Coinbase and Circle's CENTER consortium. The design is simple. All products in the chain are backed by the dollar, with the fair value of the assets equal to the USDC in circulation, all of which is allocated among the assets. United States. So, with USDC, sending and receiving US money is as easy as sending and receiving Bitcoin or Ethereum. It's a mirror of the existing process that is making millions of dollars a week. We can extend this idea by mirroring the off-chain currencies from the stability coins to reflect the main off-chain capital composition tables from the mirroring tables.