daos

Wondering what is the consensus about DAOs. What worked and did not? Lessons learned and key insights

Intersecting fashion & music 🎶 Looking for the community to create a social commerce platform 🛒

Broad scope! DAOs have, so far, worked well as a mechanism to govern shared treasuries of onchain fungible tokens. While not perfect, there us no better mechanism than DAOs as per empirical observations.

Independent, original thoughts. Onchain interests. Investor, entrepreneur, best-selling author. Cultur3. MetaCartel Ventures DAO. Opinions are my own.

That depends. Some shared treasuries have purely digital/onchain entities, others have legal entities registered. Here's an interesting article that comes to mind given what you ask:

That depends. Some shared treasuries have purely digital/onchain entities, others have legal entities registered. Here's an interesting article that comes to mind given what you ask: https://delphilabs.medium.com/assimilating-the-borg-a-new-cryptolegal-framework-for-dao-adjacent-entities-569e54a43f83

Those shared treasuries are governed by purely digital entity right? There are no legal entities registered for the DAOs?