Binaryx registration
Introduction to a legal framework
Binaryx is operated by a Binaryx Protocol DAO LLC (Company ID 2022-001196504) with registered office at 30 N Gould St Ste R, Sheridan, WY 82801, USA. The Company is a Wyoming entity organized as a decentralized autonomous organization limited liability company. The Company is algorithmically managed by smart contract and thus decentralized. Notwithstanding the foregoing, the Company’s organization as a limited liability company offers liability protection to the Company’s members.
The official company registration documents of the company can be accessed online. The smart contract used to govern the DAO is incorporated into the company's Articles of Association, and the link to the smart contract can be found within these documents. These measures ensure transparency and accountability, allowing all business stakeholders to verify the legitimacy of the company and their ownership rights.
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