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Dan Romero
@dwr.eth
DUNA AMA @cowriellc and @milesjennings are talking about Wyoming's new legal entity for DAOs!
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karmacoma
@karma
@cowriellc @milesjennings What are the main benefits of DUNAs? And I if my DAO does not have a US person, can it still register as a DUNA?
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Miles Jennings
@milesjennings
The DUNA solves three key challenges facing DAOs – it gives them legal existence, enabling them to contract with third parties, it enables them to pay taxes and provides them with limited liability. These benefits are the same that many other legal entity forms get and they’re table stakes for building in America.
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Miles Jennings
@milesjennings
But if your DAO doesn't have a US person in it, it's probably doesn't have sufficient US nexus to warrant use of the DUNA.
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