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Jurisdiction

Gora is incorporated in Switzerland, in the city of Zug, also known as Crypto Valley. Switzerland became one of the first countries in the world to enact legal regulations for blockchain technology, creating legal certainty for developers, customers and investors. The integrity of the financial regulatory framework makes Switzerland the gold standard among jurisdictions, and cryptocurrencies are subject to the same rules as real monetary assets.
Gora plans to eventually be a fully decentralized protocol, where the organization has none to little say in the direction of the protocol. However, during the first 1-2 years of operation, the core team will directly affect the direction of the protocol, and as such requires the team to be compliant with local and international regulations, especially regarding the handling of monetary investments.
Last modified 10d ago