daos

The Law Commission of the United Kingdom just published a huge paper (289 pages) on DAOs today. It's really good, but unbearably long. For all of you with TikTok attention spans, I've got some goodies for you:

Setting the Scene. The commission absolutely NAILs the common philosophical goals of DAOs. They touch on transparency, decentralized decision making, censorship resistance, incentives, and the allowance of pseudonymous participants

Impressive Nuance. The commission has a clear understand that there's heavy disagreement about simple things, like the A, of DAO, "Autonomous," referencing "independent from jurisdictions" or "automatically executed by smart contracts"

well, i'm an idiot and apparently don't know how threads work on here, so here's a link to the twitter post:

well, i'm an idiot and apparently don't know how threads work on here, so here's a link to the twitter post: https://x.com/gnovak_/status/1811527402490651034

Holy Seer of /farcastle and prophet of the Void | https://linktr.ee/Alditrus

Color me impressed! Looks like the brits did their homework. More than what I can say for Bidens administration.

Thanks for the #TL;DR thread on twitter!!  500 $daos

Thank you for the breakdown @novak . Seems like we now have DAO frameworks in the Marshall Islands, Switzerland, UAE, Wyoming and looks like the UK is on its way. Any other jurisdictions?