Aaron Wright: The LAO – DAOs From a Legal Perspective
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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The Limitations of the Dao Limited Liability Company
At its core, it's a limited liability company that defers almost entirely to software. It deals with all these ancillary issues that we saw with the Dao in terms of limitational liability and questions related to fiduciary responsibilities. At least as of today, it's circulating around $15 million. Fomingo Dow has about $5 million in it. And just to give you a point of comparison, the Dow at launch had about $50 million.
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