🚨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/

ICYMI: last week, Governor Gordon signed SF50 into law. The bill recognizes a new type of legal entity structure for DAOs known as Decentralized Unincorporated Nonprofit Associations (DUNA).

Wyoming continues to stay on the vanguard of cryptocurrency, blockchain, and digital assets in the United States.

Official account of the Wyoming Stable Token Commission, currently run by Executive Director @aapollo. https://stabletoken.wyo.gov

Read the full bill here:
https://www.wyoleg.gov/Legislation/2024/SF0050