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!

Currently Nouns DAO has legal entity (Nouns Foundation) I believe in the Cayman Islands (I'm not familiar with the specifics).

Would it make sense for it to consider switching to a DUNA?
What would be the process to do so in broad strokes?

The open web is dead, long live the open web. ⌐◨-◨

Building /warpcast and /farcaster

— gabrielayuso.com

The intake process for consideration starts with analyzing activity and physical nexus concerns.

The nouns DAO itself would have activity that would make conformity with the DUNA difficult, so it is probably not a likely candidate for a DUNA unless significant US nexus exists.

Thanks!
Could you give a couple examples that would make conformity challenging?

(Don't have to be specific to Nouns but would be great if the are.)

Looking at Nouns - there are a lot of transfers of value that come from votes from the community (not protocol) so the community itself provides the operational structure as opposed to a protocol.