DAO & Decentralized Governance
Hathaway & Kunz has consistently been at the forefront of developing legal structures for decentralized autonomous organizations (DAOs).
Members of our firm not only serve on legislative committees, but have also drafted legislation and formed some of the first DAO registered entities in existence—making our work in this area truly cutting edge.
From drafting Articles of Organization, to ensuring compliance with Wyoming and federal law, our attorneys are well-versed in the legal and practical issues that arise in the context of planning and structuring DAO LLCs. We advise clients on all aspects of formation, governance and operation of Wyoming DAO limited liability companies (LLCs).
About DAO LLCs and the DUNA in Wyoming
Wyoming’s DAO LLC is a major development in the corporate world, as it clarifies the status of a DAO as a legal entity and provides structure, clarity, and legitimacy to many DAO projects.
In practice, our attorneys will use a combination of preparation, expertise, and care to best serve the needs of our clients and help them efficiently navigate the web of challenges arising throughout formation, governance and operation of DAO LLCs.
With the creation of the DUNA (Decentralized Unincorporated Non-Profit Association), Wyoming is again at the forefront by providing a way for DAO’s to organize. Its new ways to accommodate protocol structures, approach tax, securities and corporate compliance make the DUNA is an exciting new option for many DAO’s.
Again, Hathaway & Kunz has been at the forefront of the development of the DUNA. From working on the legislation, to working through legislative issues, our team’s expertise in navigating the DUNA structure is unmatched.
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