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17min chapter
What DAOs are Getting Very Wrong w/ Michael Marcantonio
Galaxy Brains
The Downside of Not Incorporating a DAO
This chapter discusses the lack of liability shield and potential legal issues that arise when a DAO is not incorporated. It explores the concept of joint and severally liability within DAOs and the reluctance of members to come forward and defend the entity when sued. The chapter emphasizes the need for DAOs to address these issues to attract serious capital and promote innovation in governance structures.
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