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【DUNA】Corporate status of DAO approved in Wyoming / Limited liability possible for contracts, taxation, and lawsuits in DAO / a16z praises DAO as an oasis / Enforced from July 1, 2024
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【DUNA】Corporate status of DAO approved in Wyoming / Limited liability possible for contracts, taxation, and lawsuits in DAO / a16z praises DAO as an oasis / Enforced from July 1, 2024

A law granting corporate status to DAOs has been passed in the state of Wyoming.

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mitsui
Mar 20, 2024
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【DUNA】Corporate status of DAO approved in Wyoming / Limited liability possible for contracts, taxation, and lawsuits in DAO / a16z praises DAO as an oasis / Enforced from July 1, 2024
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Good morning.
I am Mitsui, a web3 researcher.

Today, I have conducted research on "DUNA".

«Table of Contents»
1. Overview|What is DUNA?
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Solving three challenges of DAO
-Counterargument to the Howey Test
2. Transition and Outlook|Why Wyoming is pushing for DAO and the future of DUNA
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Why Wyoming is pushing for DAO
-DUNA will be the standard for future DAOs
3. Consideration|The birth of a commons from DAO is finally here

Overview|What is DUNA?

"DUNA" is an acronym for decentralized unincorporated nonprofit association, which translates to "decentralized unincorporated nonprofit organization". On March 7, 2024, SF50 (Wyoming Decentralized Unincorporated Nonprofit Association Law) was signed in Wyoming, USA, and went into effect on July 1, 2024.

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