“These can be verbal, written or even software based rules. Unlike LLCs, UNAs do not require a registered agent. Yet, they are still protected by limited liability. And while the original UNA is mostly for non-profit purposes, the regulation leverages the UNA law’s existing exemptions to allow UNA DAOs to provide compensation, including through staking,” the CDEZ said.
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Gill’s analysis of the video game retailer GameStop on Reddit, starting in 2019 and gaining traction during the COVID pandemic,...