info_tfgrid/_archive/possibleecosystem/businesstwin/businesstwin_intro.md
2024-03-18 14:28:08 +02:00

3.2 KiB

Business Twin

Imagine a world where all your business partners have a legal_twin in a safe legal jurisdiction, you can do together transactions in all safety and simplicity, no complicated paper, money flows at a fraction of the cost today.

  • This official legal structure 100% represents you and can act on your behalf.
  • This is possible today but too cumbersome, we want to simplify this and make more cost effective.
  • Our aim is to make your legal twin seamless integrated with your digital_twin.
    • You use the hercules_browser to access your legal twin hosted elsewhere on the TFGrid in chosen jurisdiction.

Such a business twin would cost 50-200 eur per month and would take care of

  • shareholder administrative tools.
  • billing & invoicing between companies (other business twins), 100% automatic, zero-paper.
  • deal with contractual relationships (using blockchain smart contracts).
  • your HR requirements, work with anyone in the world 100% seamless & transparant
  • work with digital currencies (over gateway)
  • legal tender for your official documents.
  • store your assets as gold or other valuable assets.
  • all your tax reporting requirements.

Basically you would be able to run a full blown business in all safety, 100% regulated for < 100 eur per month.
Independent from where you physically live.
Our aim is to automate all your business processes as much as we can.

Benefits

  • cost savings
  • time savings
  • simplicity
  • transparant
  • 100% legalized & trustworthy
  • automated

don't lose your time on boring admin/money business items

Its a viral idea.

Its in the best interest for every business twin owner to convince other people to do the same

  • every shareholder of yours can get their own legal_twin
  • every business partner of yours can get their own legal_twin and as such life becomes more simple for everyone
  • ideal backend structure for Security Token Offerings (because all would stay in legal sandbox)
  • easier blockchain based escrow services

By convincing your friends, business partners to join your life becomes much more simple & secure.

Future

  • There is an option to buy a structure in Mauritius which allows us to create hundreds of thousands of legal entities fully regulated.
  • The structure has already 1m USD recurring revenue.
  • Next to owning this structure (or at least have majority shareholding) the plan is the further develop on the technical platform.
  • Investment need 5m EUR.
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Business model

  • 50-200 eur per entity
  • aim is to have hundreds of thousands of companies registered like this
  • 100.000 companies -> 80 eur average = +- 100 million USD recurring revenu

!!!alias business_twin

!!!wiki.include:tsc:twin_projects