Cryptocurrency-funded DAOs running charities isn’t as bad as it sounds
Cryptocurrency-funded DAOs running charities isn’t as bad as it sounds We just need to keep an eye on a few key issues New terrain Based on myresearch regarding crypto-assets, I believe that there areseveral considerationsthat donors and charities should keep in mind as these arrangements emerge. First, DAOs have little if any formal infrastructure. Some states simply require one individual to be designated as the agent of record.Wyoming passed a law in 2021– the first of its kind in the United States – that legally recognizes DAOs as legal entities....