Tezos Domains Foundation
The Tezos Domains Foundation (TDF) is a non-profit entity registered in the Cayman Islands that represents Tezos Domains in the off-chain world.
Among other things, the TDF can:
- Represent Tezos Domains legally and enter into agreements
- Provide limited liability, keeping token holders from being directly responsible for actions of the DAO in the legal sense
- Act on the treasury according to passed proposals and manage operational expenses in fiat currencies
As a non-profit foundation company, the TDF has no shareholders, and can pay out no dividends.