TL;DR
-
Wyoming just became a legal safe haven for DAOs (aka ‘communities as businesses’) — which means we may well be seeing a DAO boom in the coming years.
Full Story
Let’s say you’re part of an online community…
Let’s make it something normal like, idk, a closed community for fans of singer-songwriter Natalie Imbruglia.
No? Ok. Fine. Let’s pretend its a hiking club (normal enough?).
Say this hiking club starts getting requests from brands wanting to promote their goods to members…the community collectively decides:
“Sure, why not, we’ll take some discount codes and a bit of cash…but on that last bit — how do we disperse the funds fairly?”
One option would to be create a Decentralized Autonomous Organization (DAO), aka an automated piggy bank for the community — with set rules, eg:
-
You become a moderator → you get rewarded with DAO tokens.
-
You share new trails/routes → you get rewarded with DAO tokens.
-
You give helpful responses in the share forum → DAO tokens.
The idea being that these tokens reward active members, and can be converted into fiat cash, or held / used to vote on how to spend the community funds (the more tokens you hold, the more votes you get).
Sounds awesome right? Only problem is…
Legal frameworks for DAOs are rickety at best.
Some jurisdictions might even try and take your sweet lil’ hiking community (or Natalie Imbruglia fan club) to court for selling unregistered securities (aka unregistered public shares in a company).
Here’s the cool part of this story:
Wyoming’s Gov. Mark Gordon just signed a bill into state law that adds to growing codes for DAOs, which have already been cleared to establish themselves as limited-liability corporations there.
Translation: Wyoming just became a safe haven (or ‘oasis’ as a16z have put it) for DAOs.
We LOVE to see it.
It is really a great and helpful piece of info. I¦m happy that you simply shared this helpful info with us. Please stay us up to date like this. Thank you for sharing.
I was very pleased to find this web-site.I wanted to thanks for your time for this wonderful read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you blog post.
You made some good points there. I did a search on the subject matter and found most persons will go along with with your website.
It¦s actually a great and useful piece of info. I am satisfied that you just shared this useful information with us. Please keep us up to date like this. Thanks for sharing.
I have recently started a site, the info you offer on this web site has helped me greatly. Thank you for all of your time & work.
My brother recommended I may like this web site. He was once entirely right. This post actually made my day. You can not imagine simply how much time I had spent for this information! Thanks!
you’re really a good webmaster. The site loading speed is incredible. It seems that you’re doing any unique trick. In addition, The contents are masterwork. you have done a excellent job on this topic!
I think this site has got some real wonderful information for everyone. “Loving someone is easy but losing someone is hard.” by Shelby Harthcock.
Hmm it seems like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to everything. Do you have any suggestions for newbie blog writers? I’d certainly appreciate it.
clomid tablets for sale cost of generic clomiphene without rx can you get clomiphene prices can i purchase cheap clomiphene prices clomiphene tablets price uk clomid for sale uk how can i get clomiphene no prescription
Your style is so unique compared to many other people. Thank you for publishing when you have the opportunity,Guess I will just make this bookmarked.2
This is the description of topic I get high on reading.
More posts like this would force the blogosphere more useful.
buy zithromax for sale – ciprofloxacin 500 mg drug generic metronidazole
order semaglutide 14 mg – semaglutide 14 mg usa buy cyproheptadine generic
brand domperidone – flexeril 15mg pills order cyclobenzaprine 15mg pill
inderal uk – order plavix 150mg where to buy methotrexate without a prescription
cheap amoxicillin online – purchase amoxil online order ipratropium 100mcg generic
zithromax 250mg over the counter – order zithromax 250mg pill order bystolic 5mg online
amei este site. Para saber mais detalhes acesse o site e descubra mais. Todas as informações contidas são informações relevantes e diferentes. Tudo que você precisa saber está está lá.
order augmentin – https://atbioinfo.com/ ampicillin ca
brand esomeprazole 40mg – nexiumtous buy cheap generic esomeprazole
coumadin canada – blood thinner buy hyzaar generic
order meloxicam pills – https://moboxsin.com/ mobic 15mg cheap
You made some nice points there. I looked on the internet for the issue and found most guys will go along with with your site.
order prednisone 20mg online cheap – aprep lson order deltasone 5mg generic
buy ed pills without a prescription – fast ed to take site best erection pills
amoxicillin generic – comba moxi order amoxicillin generic
order forcan for sale – https://gpdifluca.com/# forcan for sale
cenforce cheap – fast cenforce rs cenforce 50mg tablet
cialis dosage side effects – https://ciltadgn.com/ cialis tadalafil 20 mg
cheap zantac – https://aranitidine.com/ order ranitidine 150mg online cheap
buy viagra online canada – https://strongvpls.com/# viagra sale northern ireland
This website absolutely has all of the information and facts I needed to this thesis and didn’t identify who to ask. https://buyfastonl.com/amoxicillin.html
The depth in this serving is exceptional. https://ursxdol.com/augmentin-amoxiclav-pill/
Thanks an eye to sharing. It’s outstrip quality. https://prohnrg.com/product/diltiazem-online/
Thank you for any other informative blog. Where else may just I am getting that type of information written in such a perfect method? I’ve a venture that I am just now working on, and I’ve been at the glance out for such information.
Greetings! Extremely productive suggestion within this article! It’s the crumb changes which liking make the largest changes. Thanks a lot for sharing! acheter du propecia sans ordonnance