A Primer on DAOs

Thus, it remains unclear whether, how, and to what extent DAOs might displace traditional organizational structures. But they represent an increasingly popular and potentially transformational business idea, rooted in the mindset and methods of modern times—making them worthy of attention as they evolve.

In this primer on DAOs, we discuss:

  • The recent growth of DAOs;
  • How DAOs work;
  • The advantages and disadvantages of DAOs;
  • Key legal and regulatory issues that DAOs face;
  • The Vermont, Wyoming, and Tennessee legislation covering DAOs, and other formats for providing DAOs with legally recognized status;
  • Related practice points; and
  • Case histories of some well-known DAOs.

Source: A Primer on DAOs