How can decentralized autonomous organizations (DAOs) be more resilient? Gabriel Shapiro, general counsel at Delphi Labs, and Fatemeh Fannizadeh, lawyer and researcher at Geneva-legal.ch, survey the landscape and offer their insights on what will fuel the next wave of DAO innovation. Are new rules from U.S. states like Wyoming and Utah a boon for DAO creation? Or will the proceedings against Ooki DAO by U.S. regulators cast a pall on this emerging segment of the Web3 world?
Show highlights:
- how Gabriel and Fatemeh determine whether something is actually a DAO
- the pressing legal issues around DAO formation
- where the liabilities lie in these types of organizations
- Delphi Labs’ new “borg” concept and the problems it aims to solve
- what jurisdictions are more appropriate for different DAOs
- the nuances of Wyoming’s DAO LLC law
- Utah’s Introduction of LLDs – limited liability DAOs – and why it is innovative
- why the CFTC filed a lawsuit against Ooki DAO
- whether governance token holders are liable for the DAO’s actions
- how the Ooki lawsuit will impact how DAOs structure their activities in the future
- what happened in the MakerDAO case and its implications
- why Fatemeh and Gabriel disagree on whether the Mango DAO’s agreement to not pursue actions against Avi Eisenberg was legally binding
Thank you to our sponsors!
Guests:
Links
MakerDAO:
Mango Markets:
Tornado Cash
Ooki DAO:
Wyoming law
Utah
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