Nouns

One Noun, every day, forever.

nouns.wtf

nouns was just early with facing this reality re DUNA imo

also like when miles, lex node, and preston agree on something re crypto regulatory risk posture that’s a rare moment

https://x.com/milesjennings/status/1858720755523219932?s=46

https://x.com/lex_node/status/1858727851836469292?s=46

https://x.com/prestonjbyrne/status/1858730314073317487?s=46

Today, a California judge dealt a huge blow to decentralized governance.

Under the ruling, any DAO participation (even posting in a forum) could be sufficient to hold DAO members liable for the actions of other members under general partnership laws.

It's time to DUNA. https://t.co/aKNBY7pfc9

miles jennings

Unfortunately all DAOs now need legal wrappers. I personally fought very hard to avoid this outcome but am now confident we tried our best before capitulation and the time has come to accept this at least until a legislative safe harbor of some kind.

https://t.co/jsvXAGb04g

_gabrielShapir0

Agree, DUNA and the RMI DAO LLC will lead the way in the future! Wish RMI DAO LLC was considered more for Nouns, but happy they’re protected nonetheless. I think we’ll see older structures fazed out as better legal entities pop-up.