Distributed Autonomous Corporations offer a glimpse of what smart securities could enable–and the types of legal issues that DAOs need to address. There is plenty to figure out, but smart securities and DAOs promise more efficient flows of capital and new economic arrangements.
Backfeed will soon announce a governance proposal for The DAO.
The DAO (Distributed Autonomous Organization) intended to fund Slock.it has raised $130m worth of ETH: over 13% of Ethereum’s total market capitalization. Almost two weeks remain.
How should a DAO be regulated? This article outlines some key legal issues surrounding DAOs that will need to be addressed before DAOs become mainstream.
An overview of DACs and a step by step look at how they function.
Ethereum is a pioneering blockchain that first supported the execution of arbitrarily complex smart contracts.