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Ledger Nano X - The secure hardware wallet
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Wyoming Grants DAOs New Legal Structure

8 March 2024
in Blockchain
Reading Time: 1 mins read
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Wyoming Grants DAOs New Legal Structure
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Miles Jennings, general counsel at a16z Crypto, called it a “major breakthrough” that will give the groups “much-needed protections and empower them to keep blockchain networks open,” according to a blog entry posted Friday. This new recognition as “decentralized unincorporated nonprofit associations” (DUNAs) will help the blockchain stewards ensure “that the network remains open, that it does not discriminate and that it does not unfairly extract value,” Jennings contends.

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