Governance

crypto

🚨Big News🚨Wyoming just enacted a game-changing law for web3.

It creates a new entity for DAOs – the Decentralized Unincorporated Nonprofit Association (DUNA) – that’s been years in the making.

@cowriellc and I provide everything you need to know below: https://a16zcrypto.com/posts/article/duna-for-daos/

This is huge news for DAOs. 

Registering a DUNA legal entity will enable DAOs to engage in legal contracts with other entities and provide legal protection to individual DAO members. All other legal entities available to DAOs fall short on these metrics. 

Learn more from @a16zcrypto's general counsel below 👇

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