3 ms·
The plan was to form an LLC. Some states have created rulings specifically for LLCs to be driven by DAOs (I forget which states - Oregon maybe?). I'm completel
by pfraze 5y ago
The plan was to form an LLC. Some states have created rulings specifically for LLCs to be driven by DAOs (I forget which states - Oregon maybe?).
I'm completely unsure how you structure legal ownership of an LLC vs crypto ownership of a DAO, but I do know that an LLC's bylaws can bind the officers to the decisions of a voting body, and that's what the DAO would do.