[DAO] Registration of BIM Finance in the British Virgin Islands

Summary of the Proposal: We propose registering the BIM Protocol, which includes BIM Finance, BIM Exchange, and BIM Blog, legally in the British Virgin Islands. This decision aims to enhance the decentralization of our protocol and navigate the evolving political and geopolitical conditions, as well as regulatory tensions in the crypto world.

Context: In the context of decentralizing our protocol and due to political and geopolitical conditions in Europe and the regulatory tensions/restrictions in the crypto world, we seek to change the fiscal location of BIM Finance / BIM Exchange. Currently, BIM Finance is registered in France and owned by a single individual under specific conditions that prevent any distribution of dividends or other financial operations.

Proposal Details: The proposal is to legally register the BIM Protocol, including BIM Finance, BIM Exchange, and BIM Blog, in the British Virgin Islands. The potential names for the holding company are:

1. BIM Finance Holding
2. BIM Holding
3. BIM Exchange Holding

The final name will be chosen based on availability, with a high likelihood of it being BIM Finance Holding. This holding will not aim to generate profit as all revenues belong to the DAO and BIM token holders. However, for the security of the protocol and compliance with regulations, the British Virgin Islands is the best solution, as evidenced by other DAOs like Angle Protocol.

The cost of this operation is $5,000, fully financed by the sale of Lizia, a former asset, and in subsequent years, $2,000 annually.

There will be no majority shareholder in this holding to enhance decentralization and prevent any issues. The shareholders will be distributed as follows:

• Léo Pestre, CEO BIM Finance core BIM Labs Team (BLT)
• Noé Rouméas, CTO BIM Finance core BIM Labs Team (BLT)
• Kylian Bedouet, CMO BIM Finance core BIM Labs Team (BLT)
• Thomas Messina, CXO BIM Finance core BIM Labs Team (BLT)
• Cynthia Renaudin, DEO BIM Finance core BIM Labs Team (BLT)
• Damian Py, CEO BIM Groupe

Voting Options:

1. Approve the registration of BIM Finance in the British Virgin Islands
2. Do not approve the creation of the holding in the British Virgin Islands.

Voting process: BIM token holders are invited to vote for one of the two options. The vote will determine BIM Protocol's strategy for its legal registration in the British Virgin Islands.

Voting Instructions:

• Connect to the voting platform using your wallet.
• Select the proposal regarding the opening of vote submissions.
• Choose the option that you believe best aligns with the vision and strategic objectives of BIM Protocol
• Confirm your vote.

Voting Period: Voting will begin on [14/06/2024] and conclude on [17/06/2024]

We encourage every member of the BIM Protocol community to participate in this crucial vote. Your voice will guide the future of our platform and strengthen our position in the blockchain ecosystem.