Wyoming Grants DAOs New Legal Structure

Wyoming Grants DAOs New Legal Structure

[ad_1] Miles Jennings, general counsel at a16z Crypto, called it a “major breakthrough” that will give the groups “much-needed protections and empower them to keep blockchain networks open,” according to a blog entry posted Friday. This new recognition as “decentralized unincorporated nonprofit associations” (DUNAs) will help the blockchain stewards ensure “that the network remains open, … Read more

Wyoming's New DAO Bill Gives Crypto a Boost to Sweep Out Internet Incumbents

Wyoming's New DAO Bill Gives Crypto a Boost to Sweep Out Internet Incumbents

[ad_1] Today’s internet is dominated by an oligarchy of large tech companies like Amazon, Apple, Meta and Google. These companies control the closed networks through which we experience the internet (social media, search engines, online shopping, etc.) and they’ve used this control to do what corporations are legally designed to do: maximize profits. [ad_2] Source … Read more