Understanding Spool Labs

Spool Labs is a Swiss Association focusing on innovation in the fields of both Open Banking and Financial Technologies. Several members of the Spool DAO are also proud associates of the Spool Labs Association. They carry over their expertise and extensive networks to help ensure the representation of Spool within the innovative Financial Technologies environment of Zug (Swiss).

Although the sophisticated knowledge of certain Spool DAO members can be very beneficial to Spool Labs, the main focus of the Spool DAO and its members remains to be the use and adoption of Spool as middleware.

Therefore, it makes sense that these entities are entirely separated. Spool Labs does not own equity, tokens, or shares in Spool and at the same time, the Spool DAO has no ownership of the Association ("Spool Labs").

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