Please explain me more about your extrajurisdictional company? How this can be legal?
If you can really make it legal, this could be one very promising project.
Legality is defined on a specific jurisdiction. It's legal to sell Kinder Eggs in some places, but not in the U.S. Sex work, and all the surrounding work (advertising, accounting, payment handling) is not fully legal in any specific existing jurisdiction. And even if it were, even if Pink could be fully licensed in Australia for instance, it would still be offering illegal services in the U.S. The U.S. could then apply legal pressure on Australia to extradite us or otherwise cause problems. Or the next time we're travelling, they could grab us, even illegally. In short, it is not a good tactic to rely on the legal protection of a particular country.
To work around this, we do not operate in any particular jurisdiction. We are
extrajurisdictional.
Easier said than done! To get it done, we use tight opsec to ensure anonymity of our core team and server platforms. More details here:
https://medium.com/@PinkApp/pink-app-trading-latency-for-anonymity-and-other-techniques-815ee21c6da4By having a very small core team, we can operate outside of existing jurisdiction, and thus they cannot enforce their laws on us. Think of it as a pocket of cyberspace allowing cypherpunk libertarian values. As far as it being legal, that depends on who you ask. The US Government will not agree: We are offering shares that are not regulated by the SEC, but the US says we must register with the SEC. So it's an impasse. They insist it applies, we insist it does not. Unless they defeat our security systems then physically grab us they cannot do much about it. And even if they do physically grab us, we are setting up contingency plans to allow investors to select a successor team to control the platform and run it. Same contingency plan if we were to all suffer a heart attack or other disaster.
This is not our first rodeo, and our design as linked above has received very positive feedback. Once we are funded, we will seek a third party security audit, to assure people, even more, that our opsec remains onpoint.