When the gov comes to my place of business, and they say we are a money transmitter, or we're selling securities, or we're paying out interest without a banking license, or wer're legally organized properly (llc, inc, ltd, etc), or giving advice without a brokers license........ besides our name games, the things on my list are what I am going to walk them thru.
Obviously Dan and team have done some due diligence in Virginia, but Munich (BaFin) may not be so friendly, who knows. They'll pin down whoever they want, say whatever they want, our ducks need to be in a row for that day.
I hope that explains my concerns a bit better.
As for our DAC, yes we will have our own blockchain but we will also be connecting to the BitShares blockchain. This will be huge for BTS and the investor's we comm with. More on our DACs (yes, multiple) to come soon. Business plans will be done in the next couple weeks then the first POC will go up for you guys to try out.
Can you help me out with numbers 1 and 2? Number 4 can be worded in a way like Dan said, as our name could not be trademarked since it was "too general" but the disclaimer is still important either way. Keep all delegates in the clear.