12: The Legal Aspects of DAO’s // AMA #2 – Fortunata
Background:
Once again, we present another recording from our CityDAO discord channel with Fortunata as our special guest. She is from Argentina and she is a lawyer who has in-depth knowledge about the legal aspects and legal issues of DAOs and the Web3 space. Fortunata is also an ambassador for Surge, which is a female-led organization focused on educating and securing women’s place in Web3. If you want to connect with our guest speakers and ask questions, feel free to join us on our CityDAO Discord channel.
Time-Stamped Show Notes:
- 0:53 The username Fortunata came from her father, who is an avid fan of Greek and Roman history.
- 2:07 The crypto scene in Argentina is alive and very active. Fortunata says there are a lot of crypto people in her country.
- 4:22 The concept of creating a new reality is what attracted Fortunata to crypto and Web3.
- 7:02 Fortunata talks about the global legal opportunities for DAOs or Web3 that many people are not aware of.
- 10:38 Her username or handle is Fortunata but her real name is Maria Milagros Santamaria, which means Mary Miracle of St. Mary.
- 16:32 She already has all her crypto DAO and Web3 information written in a document and all she needs is to find the right platform for it.
- 18:44 The topic of discussion shifts to the progress and legal aspects of Boat DAO. They already have 3 boats in mind, which costs from one thousand to forty thousand euros.
- 20:24 The token issue is something that they haven’t figured out yet.
- 21:00 Fortuna explains the Howey Test.
- 24:33 They realized that it is possible for DAOs to be incorporated as foundations in some legislations or jurisdictions in the world.
- 25:18 Fortunata discusses LisboDAO.
- 30:01 If anyone is interested in Fortunata’s DAO projects, she is open to having more discussions about it.
- 30:51 Being in the law profession in crypto, it is extremely challenging and scary at the same time for Fortunata.
- 32:22 From a legal point of view, Fortunata advises on how to inspire startups to go into crypto.
- 35:05 What to buy is the most common question that Fortunata gets from people who are curious about Web3, DAOs, and crypto.
- 35:57 Fortunata fully recommends Surge, which is a community of women who want to find their place in Web3.
- 42:16 For Fortunata, regulation in the Web3 space is not really a bad thing.
- 44:37 The Anarchist Banker by Fernando Pessoa is one of the best books that Fortunata fully recommends to everyone because it relates to the crypto ecosystem.
- 47:43 Fortunata is planning on creating a crypto gaming conference soon.
Key Points from the Interview:
- “Fortune favors the bold, and that’s the concept that I’ve always felt very attracted to and inspired to. And with my whole journey in crypto, I also, as an immigrant out of my country, it is crazy to say, I felt very much represented by it. I was like, I’m gonna be bold, I’m gonna go after my dreams and pretty sure fortune will pay off.”
- “The thing about being in law in crypto is that it’s so challenging and so scary because it’s so unregulated and so new and everything goes so fast.”
