Technology,
Corporate
Nov. 1, 2021
DAOs present interesting opportunities and challenges
In recent months, there has been a marked increase in the number of decentralized autonomous organizations, known as DAOs, that have been formed. This trend is likely to continue with the recent enactment of a Wyoming law that recognizes DAOs as a form of limited liability company. This article explains what a DAO is and discusses some of the interesting legal issues and questions they present.
In recent months, there has been a marked increase in the number of decentralized autonomous organizations, known as "DAOs," that have been formed. This trend is likely to continue with the recent enactment of a Wyoming law that recognizes DAOs as a form of limited liability company. This article explains what a DAO is and discusses some of the interesting legal issues and questions they present.
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