#107 - Web3 Directorship Services with Petri Basson from Hash Directors

Most web3 founders appoint a director without truly understanding what that person is signing up for. Get it wrong, and it's not just a governance problem, it's a personal liability problem.Petri Basson, Founder of Hash Directors, has sat on foundations, non-token web3 projects, and crypto funds across the Cayman Islands. In this episode, he breaks down exactly what a director is responsible for and what happens when things go wrong.Petri is also an Advisor to Lemma, exTreasury, & Provenance, and serves as Chairman of BACI, the Blockchain Association of the Cayman Islands, known for also organizing Cayman Crypto Week.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠⁠⁠⁠⁠⁠https://www.onchainfinanceinstitute.com/courses🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting - https://www.onchainfinanceinstitute.com/free-class🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto - https://www.onchainfinanceinstitute.com/crypto-accounting-academy💎 Join the next cohort of the Crypto Treasury Management Academy and learn how to optimize, allocate and protect your organization's treasury - https://www.onchainfinanceinstitute.com/crypto-treasury-management-academy✅ EPISODE SPONSORS💰Request Finance - Simplify crypto AR, AP & accounting & get 2 months for free - ⁠https://www.request.finance/partners/theaccountantquits ⁠💰 The full-stack OS for Web3 businesses using Kryptos and 10% off (Code TAQ10) - ⁠⁠⁠⁠⁠https://kryptos.io/?via=ocf-institute⁠⁠✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/ocf-institute⁠👉 Twitter(X): ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode Guest Petri Basson: https://www.linkedin.com/in/petri-basson/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Topics covered:(0:00) Coming Up(2:35) How Petri got into web3(4:42)  Web2 v/s web3 directorship(8:21)  Hash Directors overview (10:40)  Directorship: Cayman Foundation(16:54)  Directorship: Non-token projects (18:25) Get 2 months for free with Request Finance(20:05)  Directorship: VASP(25:35) Role of VASP Supervisor (29:05) Governance stack(31:55) Directorship: Crypto Funds (35:11)  Non-executive directorship(36:45)  Substance requirements in Cayman(40:49)  Cayman Crypto Week & what is BACI(46:34) Reach out to Petri