Your Web3 Company, Ready in Days – Trade, Invoice, $1,200/Year!

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Gediminas

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Oct 12, 2019
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Tired of slow, expensive, and complicated company setups for your crypto ventures?



Say goodbye to weeks of paperwork, sky-high legal fees, and regulatory headaches.



With Locked.Money’s Professional category, you get your own crypto-ready Series LLC in just days - registered in tax-free jurisdiction, fully compliant, self-custodial, and only $1,200 a year (paid in USDC).



Yes, you read that right - launch your business for less than the cost of a fancy dinner!




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Why Locked.Money Changes the Game





It isn’t just another Web3 app - it’s a user-friendly, self-custodial platform built to empower you. With Pro access, you’ll:




  • Own a Series LLC instantly: Hold, trade, and manage your crypto assets under your company’s name, not your personal identity. Privacy and professionalism, sorted.
  • Trade like a pro: Seamlessly manage your crypto portfolio with full control - no middlemen, no fuss.
  • Invoice with ease: Freelancers and entrepreneurs, rejoice! Issue invoices under your Series LLC and get paid in crypto or fiat - your business, your rules.
  • Skip the red tape: Based on expert legal opinion, our structure sidesteps CFC, PE, and GAAR rules. Substance requirements? We’ve got you covered.



Ready-Made, Regulatory-Proof, Ridiculously Affordable





Normal company setups drag on for weeks or months and cost thousands. With Locked.Money, you’re up and running in days for just $1,200/year (paid in USDC).



We hand you a turnkey crypto management company - complete with the legal backbone to meet regulatory demands - so you can focus on growing your wealth, not wrestling with compliance.







What’s Coming? The Future Is Bright. We’re in the early stages, and this is just the beginning. Picture this:














AI-powered asset management to optimize your crypto gains and enhance your security.





Invoicing tools to streamline your business ops.





On/off ramps for effortless crypto-to-fiat swaps.





Debit cards to spend your earnings anywhere.

Click to expand...





By joining now, you’re not just getting a company - you’re stepping into a cutting-edge ecosystem that’s evolving fast. Early adopters get the front-row seat to these game-changing features.



Why Wait? Take Control Today



For $1,200 a year, you’re not just buying a company - you’re unlocking a smarter, faster, cheaper way to manage your assets like a pro.



No lawyers. No delays. Just a Web3 platform that puts you in the driver’s seat.



Read more: https://locked-money.gitbook.io/locked-money-guide




Sign up for Locked.Money Pro now and have your Series LLC ready in a couple of days.
 
Last edited:
uplana said:






Good work, will wait until I try to see reviews about your service.

Click to expand...



Also check the Referrals page inside the app. Easy money for corp service providers!
 
After years of OCT, this is the first time I have tead the term "series LLC". What's the catch? Why isn't this form used more often? What are the drawbacks?
 
JosephLL said:






After years of OCT, this is the first time I have tead the term "series LLC". What's the catch? Why isn't this form used more often? What are the drawbacks?

Click to expand...



Series LLC operates similarly to Segregated Portfolio Vehicles. Great structures.
 
Insanely Great idea however Website is not readable and super slow.

need better hosting and better Color pallets.
 
Bruce flea said:






Insanely Great idea however Website is not readable and super slow.

need better hosting and better Color pallets.

Click to expand...



It should be fixed by now. Let me know if it loads better the next time you open locked.money



thanks!
 
Much Better its now readable, It seems the background you have takes time to load even my gpu fans went crazy when trying to browse it

few questions



- Do you KYC a person or you need your own LTD to get onboarded ??

- when you releasing the on/off-ramping / Banking feature ?
 
Bruce flea said:






- Do you KYC a person or you need your own LTD to get onboarded ??

Click to expand...



We KYC a person. There is a list of required docs:

















Bruce flea said:






- when you releasing the on/off-ramping / Banking feature ?

Click to expand...



Already in works, hoping to release it in the next couple months.
 
TurnedToRobot2 said:






Sorry I’m slow. I don’t understand what you are selling. But it looks cool.

Click to expand...

I had to do some research on Series LLC and how it works

So basically a person KYC gets series LLC company ready to use issued by the seller

the value will be in the banking feature when added
 
Bruce flea said:






I had to do some research on Series LLC and how it works

So basically a person KYC gets series LLC company ready to use issued by the seller

the value will be in the banking feature when added

Click to expand...



The value is in the infrastructure, user-friendliness, ease of use, and effectiveness. It does the job.



Banking, cards, invoicing, and other upcoming features are added value.
 
Gediminas said:






The value is in the infrastructure, user-friendliness, ease of use, and effectiveness. It does the job.



Banking, cards, invoicing, and other upcoming features are added value.

Click to expand...

Can you please elaborate as it's not entirely clear now? What kind of infrastructure do you provide? What will a buyer get?
 
Meta said:






Can you please elaborate as it's not entirely clear now? What kind of infrastructure do you provide? What will a buyer get?

Click to expand...



It's a self-custodial multisig web3 app, equivalent to cold storage. That you can use for free.



But you can also go Pro, become the owner of Series, and manage it on blockchain (self-custody, multi-sig).



Try it at https://app.locked.money



I personally can't wait for Invoicing integration. It will be a game-changer for freelancers and service providers.
 
Hello Gediminas, thank you for this new opportunity.

You write Based on expert legal opinion, our structure sidesteps CFC, PE, and GAAR rules. Substance requirements? We’ve got you covered.

can you provide some details on these?
 
AndyAresa said:






Hello Gediminas, thank you for this new opportunity.

You write Based on expert legal opinion, our structure sidesteps CFC, PE, and GAAR rules. Substance requirements? We’ve got you covered.

can you provide some details on these?

Click to expand...



Hey, sending you the doc in private
 
Don’t understand how it can help me if I already own a company operating with crypto in EU

Please explain

Sounds interesting
 
vehzag said:






Don’t understand how it can help me if I already own a company operating with crypto in EU

Please explain

Sounds interesting

Click to expand...



If you already own a company and it is sufficient for your needs, then maybe having another entity won't give you many benefits. Or you could try both and see which suits your needs better.



Here we are providing the infrastructure (both legal and tech) for you to easily manage your biz ops.



We have built the required substance, so you would not need to worry about it. I surely know this is one of the biggest struggles when owning a company.
 
Could you further explain this :

  • Invoice with ease: Freelancers and entrepreneurs, rejoice! Issue invoices under your Series LLC and get paid in crypto or fiat - your business, your rules.

Could I invoice customers and they send fiat to my bank account and I then receive crypto to my wallet ? Would it be possible to receive USD from American accounts and businesses ?



Thank you for your time
 
ivan1911 said:






Could you further explain this :

  • Invoice with ease: Freelancers and entrepreneurs, rejoice! Issue invoices under your Series LLC and get paid in crypto or fiat - your business, your rules.

Could I invoice customers and they send fiat to my bank account and I then receive crypto to my wallet ? Would it be possible to receive USD from American accounts and businesses ?



Thank you for your time

Click to expand...



That's not implemented yet, but the idea is to integrate the tool so that you can generate invoices under your Series name and get paid to your self-custodial vault either by crypto or by card (card payments would then be converted to crypto and deposited to your vault).



Likely, bank transfers will be included as well, so then your clients would be paying to our specified IBAN, and you would receive crypto.



Lots of good stuff is coming.
 
Gediminas said:






That's not implemented yet, but the idea is to integrate the tool so that you can generate invoices under your Series name and get paid to your self-custodial vault either by crypto or by card (card payments would then be converted to crypto and deposited to your vault).



Likely, bank transfers will be included as well, so then your clients would be paying to our specified IBAN, and you would receive crypto.



Lots of good stuff is coming.

Click to expand...

Once you've got this up and running consider me a client. Any idea on when that might be? Also what kind of KYC to get started?
 
CryptoKnight said:






Once you've got this up and running consider me a client. Any idea on when that might be? Also what kind of KYC to get started?

Click to expand...



We have many things in the pipeline; banking and invoicing are high on our list of priorities.



For Pro onboarding, you need this:




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JosephLL said:






What constitutes "professional or bank reference letter" ?

Click to expand...



from a business partner, bank, lawyer, accountant, or other professional reference from a person with whom you had a professional relationship (client, supplier, contractor, employer, partner, etc.)
 
Gediminas said:






from a business partner, bank, lawyer, accountant, or other professional reference from a person with whom you had a professional relationship (client, supplier, contractor, employer, partner, etc.)

Click to expand...

There are countries where those letters are standard business, mainly Britsh and its (former) dependencies

https://www.nationwide.co.uk/help/online-banking-help/bank-reference/

https://www.hsbc.com.hk/accounts/forms/



Many others will understand what you need and an account manager will be able to issue such letter.
 
How will the ownership and tax work? Now you say I got substance from this service. Could you explain or send a doc? Thanks.
 
Offoffshore said:






Now you say I got substance from this service. Could you explain

Click to expand...



The company has an office, local employees, and real business services (it isn't a transparent entity). The rest is explained in the legal memo that I sent you in private.
 
Gediminas said:






The company has an office, local employees, and real business services (it isn't a transparent entity). The rest is explained in the legal memo that I sent you in private.

Click to expand...

Could you send me the doc , please. Thank you
 
Could this setup be used for a full time crypto trader that trades coins other than ERC20?

Can a pro user hold and trade assets outside of the vault under the entity?



What would the accounting, recording of trades requirement be?
 
JosephLL said:






Will the service be available only for EEA passport holders?

Click to expand...



For everyone except sanctioned countries and USA. We may release access for US passport holders soon.
 
Freetrade said:






Could this setup be used for a full time crypto trader that trades coins other than ERC20?

Can a pro user hold and trade assets outside of the vault under the entity?



What would the accounting, recording of trades requirement be?

Click to expand...



Currently its only available for ERC20, but we may add more functionalities going forward.
 
Gediminas said:






Currently its only available for ERC20, but we may add more functionalities going forward.

Click to expand...

Nice. Would be good if you could add BTC.

What would the reporting/accounting requirements for erc20 trades be?
 
Freetrade said:






Nice. Would be good if you could add BTC.

What would the reporting/accounting requirements for erc20 trades be?

Click to expand...



You can store wrapped BTC (for example, cbBTC on Base chain). But we will integrate BTC down the road.



When it comes to reporting, there are no requirements to report in SVG, anything else depends on your local jurisdiction. We won't be reporting anything to anyone.



Later this year, we will integrate an accounting solution so that our users can easily download financial statements for their Series.
 
Please send details. Is it possible to on-board if you don't have (or want, or need) a bank account?
 
What is it I do here, I rent a company that I can use for processing credit cards and banking but not in my name?
 
plotoffshore said:






What is it I do here, I rent a company that I can use for processing credit cards and banking but not in my name?

Click to expand...

It's not a rent. You establish your own legal unit which is a part of our legal infrastructure.



Cheap, fast, and reliable.
 
jon1234 said:






Please send details. Is it possible to on-board if you don't have (or want, or need) a bank account?

Click to expand...



A bank account statement is needed to prove your source of income.
 
Can you send the document too please?



When is it planned to launch the banking integration?



Hope it will not be based on Pervesk, as you used to promote
 
Gediminas said:






A bank account statement is needed to prove your source of income.

Click to expand...

What if someone doesn't use a bank account?



How about an ETH wallet showing a few hundred K in profitable trades?
 
Ilias said:






Can you send the document too please?



When is it planned to launch the banking integration?



Hope it will not be based on Pervesk, as you used to promote

Click to expand...



Nope, not Pervesk.



We have already started the tech integration of the banking side, but it can take a couple of months, maybe a bit longer. It will be announced here.
 
Freetrade said:






What if someone doesn't use a bank account?



How about an ETH wallet showing a few hundred K in profitable trades?

Click to expand...



Unfortunately, our regulator requires a bank account statement. A statement from any neobank would work.
 
BorisBerlus said:






I am also interested in the doc and the referral structure. Thanks for the share.

Click to expand...



Referral structure is easy - create ref ID, then share your link within your circles and once they sign up to Pro and get approved, you get 10% of the subscription fee (USDC straight to your wallet).
 
I run a legit e-commerce site selling digital downloads. I currently use PayPal for Payment processing.



Is your service something that could help me?
 
dogprince said:






I run a legit e-commerce site selling digital downloads. I currently use PayPal for Payment processing.



Is your service something that could help me?

Click to expand...



Yes, absolutely. We haven't implemented the invoicing tool and banking infrastructure yet, but it's incoming.



Once that is integrated, our platform will become a great alternative for you. And likely more cost-efficient.



Try our Free category and get used to it.
 
Gediminas said:






Yes, absolutely. We haven't implemented the invoicing tool and banking infrastructure yet, but it's incoming.



Once that is integrated, our platform will become a great alternative for you. And likely more cost-efficient.



Try our Free category and get used to it.

Click to expand...

I









Gediminas said:






Yes, absolutely. We haven't implemented the invoicing tool and banking infrastructure yet, but it's incoming.



Once that is integrated, our platform will become a great alternative for you. And likely more cost-efficient.



Try our Free category and get used to it.

Click to expand...



So this can integrate with Woo Commerce?
 
The verification has been taking rather long for me. We're almost at over two weeks now for the professional plan.
 
BorisBerlus said:






The verification has been taking rather long for me. We're almost at over two weeks now for the professional plan.

Click to expand...



Hey, sending you the message in private.
 
If you don't mind me asking if Nominees are used in the setup.
 
Tokenworld said:






Thanks. Are crypto betting activities allowed for these LLC?

Click to expand...

you can do any activities that are legal.
 
Last edited:
With the LLC, can we get a PayPal account in SVG that can 'receive money', not just send?



I would really need active hands-off paypal processing. I don't do manual billing.
 
dogprince said:






With the LLC, can we get a PayPal account in SVG that can 'receive money', not just send?



I would really need active hands-off paypal processing. I don't do manual billing.

Click to expand...



I haven't tried, but I don't think it would work well with PayPal.
 
thaiste said:






I'm also interested in this. Please send me the doc too.

Thank you



@Gediminas

Click to expand...



Hey, the document is uploaded to our GitBook. Find the link in the above responses.
 
Do we have any reviews coming soon from well-known members here on OCT?



I’d really appreciate seeing something positive about this service, it would be great to get some trusted feedback.
 
EliasIT said:






Do we have any reviews coming soon from well-known members here on OCT?



I’d really appreciate seeing something positive about this service, it would be great to get some trusted feedback.

Click to expand...

happy to jump on the call with you and walk you through the platform



p.s. we are a couple of days away from testing our banking side.
 
What's delivery time from payment to use the company? how does banking work ?
 
Hello Gediminas,



I am very interested in this setup and have been researching the GitBook document and have quite a few questions.



If the series LLC is trading crypto, are there any licenses required?

I am a crypto trader and will be trading only for myself with my own funds.



How does the banking access work?

Are the bank accounts Omnibus Accounts?



How would funding the LLC need to work?

Should I fund the LLC bank account from my personal bank account, then buy crypto and transfer it the LLC vault?

Can I just transfer crypto from my personal wallet to the LLC vault?

Would I need to prove SOF or need any documentation?

Are there any minimum or maximum limits?



Could I trade crypto on CEX's under the LLC name and still be within the LLC's legal framework? e.g. Open a business trading account on maybe Binance or some other CEX.



I understand that when the 'connect to dApp' feature is available, I would be able to connect to DEX's and Defi protocols directly from the vault.

Am I correct in assuming I could create a vault for each DEX and trade multiple DEX's at the same time.



Thank you in advance.

@Gediminas
 
erni said:






What's delivery time from payment to use the company? how does banking work ?

Click to expand...



Normally, 2-3 days after we receive the correct documentation.



Re banking, initially, we will activate it for individual access (not for Series). We have started the tests already, should be implemented by the end of this month.
 
thaiste said:






If the series LLC is trading crypto, are there any licenses required?

Click to expand...

No license requirement











thaiste said:






Can I just transfer crypto from my personal wallet to the LLC vault?

Click to expand...

Yup, thats how it works - you fund your self-custodial vault.

No SOF, no limits.











thaiste said:






Could I trade crypto on CEX's under the LLC name and still be within the LLC's legal framework?

Click to expand...

Currently there is no connection with CEXes, but we are planning to develop API for that.











thaiste said:






I understand that when the 'connect to dApp' feature is available, I would be able to connect to DEX's and Defi protocols directly from the vault.

Am I correct in assuming I could create a vault for each DEX and trade multiple DEX's at the same time.

Click to expand...

Connect to dApp function is already in development, we have done first tests where we connected to Aave and been able to supply/borrow assets. Once it's implemented, you will be able to connect to any defi protocol through Wallet Connect.
 
Gediminas said:






No license requirement





Yup, thats how it works - you fund your self-custodial vault.

No SOF, no limits.





Currently there is no connection with CEXes, but we are planning to develop API for that.





Connect to dApp function is already in development, we have done first tests where we connected to Aave and been able to supply/borrow assets. Once it's implemented, you will be able to connect to any defi protocol through Wallet Connect.

Click to expand...



Thank you for your response.

As soon as the connect to dApp function is available and I can trade, I will be signing up for the professional package.



I look forward to testing this.
 
Gediminas said:






Normally, 2-3 days after we receive the correct documentation.



Re banking, initially, we will activate it for individual access (not for Series). We have started the tests already, should be implemented by the end of this month.

Click to expand...

What are the corrrect documents to prepare them ?
 
erni said:






What are the corrrect documents to prepare them ?

Click to expand...


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I can't get the reference letter bank refuse it, and have no professional I work with ?
 
erni said:






I can't get the reference letter bank refuse it, and have no professional I work with ?

Click to expand...

A reference letter can be from the bank, a lawyer, an accountant, or from a person with whom you had a professional relationship (client, supplier, contractor, employer, partner, etc.)
 
How does your solution work? Does it mean you provide a company with a bank account, and is it possible to link a Kraken or Binance account to the setup?
 
alley said:






How does your solution work? Does it mean you provide a company with a bank account, and is it possible to link a Kraken or Binance account to the setup?

Click to expand...



when subscribing to Professional category in app.locked.money, you receive legal entity which is linked to your self-custodial vaults. In those vaults, you can manage your crypto assets. I would suggest you try it out with Free category to understand what is the underlying technology.



Banking is in progress, we are very close to releasing it for individuals, and many jurisdictions (and currencies) will be covered. And the limits will be very high. It will be a simple onboarding.
 
I've used @Gediminas his service and he was very professional and everything has been set-up as described in the Gitbook and this thread. I can recommend his service to anyone looking for an offshore crypto company at an incredibly reasonable rate.
 
BorisBerlus said:






I've used @Gediminas his service and he was very professional and everything has been set-up as described in the Gitbook and this thread. I can recommend his service to anyone looking for an offshore crypto company at an incredibly reasonable rate.

Click to expand...

Have you joined the pro package?

Do you have the company entity setup yet?

Most of the useful features are not working yet, (Connect to dapp, Banking, AI assistant, Card). How can you recommend a service that is not yet completed?

Could you let us know further details of the pro package that you have received?



I have joined the FREE option to test out some features but there is only the ability to buy the LMY token and staking at the moment.



I'm interested in the professional package and am looking forward to testing it once complete.



Thank you
 
Last edited:
thaiste said:






Have you joined the pro package?

Click to expand...

Yes











thaiste said:






Do you have the company entity setup yet?

Click to expand...

Yes











thaiste said:






How can you recommend a service that is not yet completed?

Click to expand...

Everyone has different reasons for using a service like this.











thaiste said:






Could you let us know further details of the pro package that you have received?

Click to expand...

All the information is inside of the Gitbook. I am specifically commenting on the professionalism of @Gediminas and the fact that the setup and documents are real and the process is what is says it is. Buying the service right now is indeed a stripped-down version, everyone has to decide for themselves whether the current state of the pro service is worth it or not.
 
BorisBerlus said:






Yes





Yes





Everyone has different reasons for using a service like this.





All the information is inside of the Gitbook. I am specifically commenting on the professionalism of @Gediminas and the fact that the setup and documents are real and the process is what is says it is. Buying the service right now is indeed a stripped-down version, everyone has to decide for themselves whether the current state of the pro service is worth it or not.

Click to expand...



I've read all the info in the gitbook and sounds great when everything has been implemented, but right now it's not much different from metamask or trust wallet.

I look forward to seeing it fully developed.
 
thaiste said:






but right now it's not much different from metamask or trust wallet.

Click to expand...



Right now, the main difference would be that you are managing your assets under the company rather than your personal name.
 
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