According to a TechFlow article published on December 5th, the surge in registrations for the Cayman Islands Web3 Foundation was driven by the Samuels v. Lido DAO case.
The report analyzes that the California court ruling, which treats unregistered decentralized autonomous organizations (DAOs) as general partnerships, exposes token holders to unlimited personal liability. While the precedent set by this ruling has limited effect, its signaling effect has prompted governance projects to seek clearer separation of liability in overseas jurisdictions.
The Cayman Islands, with its stable foundation corporation system, allows projects to hold intellectual property, manage multi-signature treasuries, and adopt a goal-oriented governance framework, while avoiding personal liability for token holders. It has already attracted significant industry entities such as the OpenSea Foundation.
According to previous reports , the number of registrations for the Cayman Islands Web3 Foundation this year has increased by approximately 30% compared to the end of 2024.
