Transition to a Decentralized Autonomous Trust (DAT)

Pilot Program Initiation

for Family Offices

An existing Family Office will experimentally allocate a small business portfolio to a newly established (Permissionless Blockchain) DAT. This initial experimentation with automated governance of a designated section of an existing Family Office and the allocation of funds for profit will spurr internal innovation in areas like real time royalty and dividend payments, markets for delegates voting rights, and other synthetic assets involving tokenized stock or utility tokens dependig of the Family Office's assets. This is because each are unique both in asset groups and in the founders vision, how to manage them.

Asset Allocation Case Study:

Identify 5-15% of the family office’s portfolio (e.g., royalties, or tokenizable non-core holdings) for migration to a permissionless blockchain-based DAT.

Example:

Tokenize a real estate LP interest or venture capital stake as ERC-3643 security tokens.

Hybrid Operational Phase

Governance Testing

Parallel Systems

This adaptation process makes sure a matching DAT blockchain-based ecosystem is set up to ensure that ReBlock's protocol developers and together with designated Family Office representatives can continue to fuel network development to achieve the final goal - replace a physical trustee in the future with a DAF.

The transfer of assets will be achieved once a member nominates a project for funding and a majority of the members (based on their voting weight) approve the allocation of funds (hence the Howey Prong for US family members). To accept funding, projects submit an application and require a DAF to create a new project under the respective DAT and ReBlock will provide a set of standardized documents to streamline the process. Through this approach, a project can conceivably submit a request for funding and receive funding from the DAT in seconds.

Trust Processes:

Maintain traditional trust accounting alongside the DAT ledger, with monthly reconciliations.

Use Chainlink oracles to bridge off-chain asset data (e.g., private company valuations) to the blockchain.

Reblock's role

ReBlock will serve in an administrative capacity in both the creation and ongoing maintenance of the Decentralized Autonomous Trust (DAT). Its responsibilities will include ensuring ongoing legal compliance and developing or enhancing the software tools required to support and improve the DAT infrastructure. Importantly, ReBlock will not exert any control over the DAT itself. Governance authority will rest solely with the Decentralized Autonomous Fiduciary (DAF), which will operate through a mirrored server network, including one permanently located in the Principality of Liechtenstein.

For these services, ReBlock will receive a fee strictly for the development and maintenance of the software that enables the formation and operation of DATs. These funds will be allocated toward continued software development and operational expenses essential to sustaining the blockchain protocol. ReBlock will not act as a general partner of the DAT, nor will it participate in any share of its profits. Profit distribution will be managed autonomously and equitably by the DAF, in line with the founder’s initial instructions—executed without delay, bias, or discretionary interference.

A critical aspect of the DAT’s operation involves the legal jurisdiction under which it functions. Jurisdictions that have adopted legislative amendments or judicial precedents—such as those recognizing the electronic service of legal documents—enable novel forms of legal interoperability. For example, under frameworks like Wyoming’s DAO Law (W.S. 17-31), service may be conducted via publicly declared channels (e.g., a secure website), through which authorities can issue notifications and receive cryptographically verifiable acknowledgments.

One common model in the DeFi ecosystem is the DAO without a formally registered legal entity or a traditional trust structure. While such DAOs aim for decentralization, most jurisdictions would classify them as general partnerships, with all attendant legal obligations. However, this approach does not resolve succession planning concerns, particularly in the event of the founder's death or the unavailability of a physical trustee—issues that are traditionally addressed in trust law. Were Wyoming law applicable, regulatory clarity would be greatly improved, as DAOs without legal personality would fall under a specific legal framework.

In Liechtenstein, furthermore, there exists a public-law institution responsible for upholding the integrity and accountability of trustees—the Liechtenstein Institute of Professional Trustees and Fiduciaries. This body supervises licensed trustees and trust companies, ensuring compliance with professional standards, including mandatory annual audits as outlined in Article 1058(4) of the Liechtenstein Persons and Companies Act (PGR). The DAF is structured to meet or exceed these standards, incorporating decentralized audit and review processes in full alignment with such regulatory expectations.

For these services, ReBlock will receive a fee for its role in creating and maintaining the software necessary to create DATs. The fee will be used to pay for ongoing software development and other costs necessary to set up and maintain the blockchain protocol. The DAT will have no general partner and ReBlock will not earn any carry or other forms of the DAT’s potential profits — this will be devided by the DAF precisely and without delay and/or bias according to the founder's initial instructions.

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