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How to Launch a Token (Legally) Featuring Miles Jennings & Eddy Lazzarin Of a16z Crypto

Empire

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Understanding DUNA and Token Dynamics

This chapter explores the DUNA framework as a viable legal structure for Decentralized Autonomous Organizations (DAOs) and its implications for governance and compliance within U.S. law. It highlights the distinctions between network tokens and company-backed tokens, emphasizing the importance of decentralized structures in determining token value. The discussion also addresses the evolving nature of cryptocurrency applications and the legal complexities surrounding token launches, illustrating the need for clear categories in the crypto landscape.

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