The Otonomist

In this December issue of The Otonomist, we have a guest post on embedded law, a reflection on how Web3 may save the metaverse, an update on the RAK DAO in the United Arab Emirates, and a look back on what we've been doing in November on Otonomos&

Ras Al-Khaimah, often abbreviated as RAK, is the northernmost Emirate of the United Arab Emirates (UAE) and serves as its largest city and capital. It is situated on the Musandam Peninsula, bordering beautiful Oman, and ranks very high on global ease-of-doing-business indices as a result of its Ras Al Khaimah

by Charles Kerrigan* Abstract * This article is a thought experiment on the future of legal services. * Technology is changing, and changing us. * It will have implications for the work of lawyers. * Our natural assumption is that if change is incremental, it isn’t radical. Introduction We always overestimate the change

The metaverse is….dead? Whatever happened to the metaverse? Not so very long ago, the Web3 and wider tech community were swamped in the term. Soon, it was claimed, we would all be in ‘the metaverse’ - participants, both as individuals and businesses, in an array of new & immersive

Welcome to first Otonomist on our new release schedule! The November issue is entirely dedicated to trusts: how trusts are not (only) for the rich, have supreme flexibility, and are ideal for self-custodied digital assets.

In this Part IV, we focus on a major offshore trust stack, the so-called VISTA trust in the British Virgin Islands. In our conclusion, we share some of the inside on why, even if you are not a US resident, a US trust may be a better option for you than an offshore trust.

In this third part, we discuss some common use cases for trusts with both US and non-US assets, with a focus on Web3 users. For each use case, we adapted the structure diagram we used in Part I and populated it with example assets.

Access a fully annotated, editable and downloadable 64-page trust agreement.

In this first part, we explain the basic concept of a trust and share a typical trust stack and the various parties and entities involved.