Jurisdictional Framework

HyperSPAC3 will be registered as a Decentralized Autonomous Organization (DAO) LLC in a crypto-friendly jurisdiction. The choice of jurisdiction is critical to ensuring legal compliance, operational flexibility, and credibility with investors and stakeholders.

Crypto-Friendly Jurisdiction

After consulting with legal advisors, the following jurisdictions are under consideration:

• Wyoming, USA: Known for its progressive blockchain legislation, including the legal recognition of DAOs as LLCs.

• Cayman Islands: Offers a favorable regulatory framework for crypto projects and access to international markets.

• Panama: Emerging as a crypto-friendly jurisdiction, with tax benefits and a territorial tax system.

Key Considerations for Jurisdiction Selection:

• DAO Recognition: The jurisdiction should offer legal recognition for DAOs or similar decentralized governance models.

• Tax Efficiency: Operating in a jurisdiction with favorable tax policies ensures that resources are maximized for community and project growth.

• Regulatory Clarity: Jurisdictions with established crypto regulations reduce uncertainty and provide a secure operational foundation.

The final jurisdiction will be chosen based on consultations with legal counsel to align with the project's objectives and target markets.