I would like to include application for the Dubai DFSA Tokenisation Regulatory Sandbox. See the details here https://www.dfsa.ae/innovation/tokenisation-regulatory-sandbox
If ContinuumDAO is successful in its application, we would need to apply for a Dubai license in addition to the RAKDAO license, but I think that if we can afford it, it would be very beneficial
@avgCrypto I think that it might be true in Dubai, but the process seems simpler in RAK
@sanderrrrr No need for any of us to move there (though RAK does look beautiful). We would need to secure a crypto trading license when we launch our token and the Middle East and especially the UAE could well be where we grow our business fastest initially, so it is nice that we have the option of making this a base, with people possible in the future.
@Raini-Ng Crowdfunding is an option, though we need assistance from someone who has experience in organising this. The real funding issue is that we need money for the code audit and listing on a CEX before we can go to mainnet and this could be a substantial amount, even if we limit the code we audit to MPC code, C3Caller, veCTM. Unfortunately this is not cheap and is why Jerry mentioned the figure of 1 million. Let's see how our new deck and RWA focus goes down with VCs.
