Ethereum

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings

DUNA AMA

@cowriellc and @milesjennings are talking about Wyoming's new legal entity for DAOs!

Are DAOs really eligible as nonprofits? @milesjennings @cowriellc

Nonprofits are commonly mistaken as being synonymous for tax-exempt entities.

Although nonprofits can be tax-exempt, they are not neccessarily.  

In contrast, nonprofits are a matter of state law around how the profits are utilized (in the case of the WY DUNA - distributions of profits to members is prohibited).