Practice.ventures 7-15-21 Newsletter
decentralized autonomous organizations: rise of DAOs
DAOs did not exist prior to the blockchain era. Because all of this is new and rapidly changing, the law is struggling comprehend and adapt. But it will.
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Digital asset stakeholders made it clear to us they were concerned about facing general partnership liability in the absence of a well-defined corporate structure. Our DAO LLC legislation should dispel that concern.”
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