{"id":14614,"date":"2021-04-23T18:14:57","date_gmt":"2021-04-23T18:14:57","guid":{"rendered":"https:\/\/www.duck9.com\/?p=14614"},"modified":"2021-04-23T14:16:28","modified_gmt":"2021-04-23T18:16:28","slug":"daos-and-engineered-decentralized-autonomous-organizations-legally-recognized-as-llcs-in-wy","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/daos-and-engineered-decentralized-autonomous-organizations-legally-recognized-as-llcs-in-wy\/","title":{"rendered":"DAO\u00e2\u20ac\u2122s and Engineered Decentralized Autonomous Organizations Legally Recognized as LLC\u00e2\u20ac\u2122s in WY"},"content":{"rendered":"<div>\n<div dir=\"ltr\">By Larry Chiang<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">decentralized autonomous organizations , DAOs, are now legally recognized as limited liability corporations (LLCs)<\/p>\n<p><a href=\"https:\/\/twitter.com\/caitlinlong_\/status\/1384991498849062914?s=11\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" style=\"border:1px solid #ccd6dd; border-radius: 12px;\" width=\"500\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/twitter.com\/caitlinlong_?s=11\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1362592672150528003\/iYZ84uXB_normal.jpg\" style=\"border-radius: 50%; padding: 0px;\" height=\"48\" width=\"48\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width:8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/twitter.com\/caitlinlong_?s=11\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: #292c2f; text-decoration: none;\">Caitlin Long &#x1f511;<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/twitter.com\/caitlinlong_?s=11\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: #7e8c98;\">\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@CaitlinLong_\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif;color: #292c2f; font-size: 18px; line-height: 24px; text-decoration: none;\">I wonder how long it will take before the <a href=\"https:\/\/twitter.com\/search?q=%23DAO&amp;src=hash\">#DAO<\/a> law spreads to rest of US too! <\/p>\n<p>If you think this is cool\u00e2\u20ac\u201d&amp;\/or the 23 other <a href=\"https:\/\/twitter.com\/search?q=%23blockchain&amp;src=hash\">#blockchain<\/a>-enabling laws <a href=\"https:\/\/twitter.com\/search?q=%23Wyoming&amp;src=hash\">#Wyoming<\/a> has enacted to date\u00e2\u20ac\u201dyou can thank Wyoming by domiciling your company here, moving here, &amp;\/or sponsoring <a href=\"https:\/\/twitter.com\/\u00e2\u20ac\u00aa@wyohackathon\u00e2\u20ac\u00ac\u00e2\u0081\u00a9\"><a href=\"mailto:\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@wyohackathon\u00e2\u20ac\u00ac\u00e2\u0081\u00a9\" >\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@wyohackathon\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/a>! 5\/<\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/twitter.com\/caitlinlong_\/status\/1384991498849062914?s=11\" style=\"font-family: Helvetica, Arial, san-serif;color: #667785; font-size: 14px; line-height: 18px; text-decoration:none;\">4\/21\/21, 5:04 PM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2021\/04\/image0-15.jpeg\"><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div dir=\"ltr\">Wyoming passed a law that lets decentralized autonomous organizations (DAOs) be legally recognized as limited liability corporations (LLCs).<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">@Nate_DiCamillo speaks with Wyoming lawmaker @rothfuss about why.<\/div>\n<p><a href=\"https:\/\/twitter.com\/coindesk\/status\/1385299018146885633?s=11\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"500\" bgcolor=\"#ffffff\" style=\"border: 1px solid rgb(204, 214, 221); border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px;\">\n<tbody>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/twitter.com\/coindesk?s=11\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1273411415215411202\/9HeiHTVY_normal.jpg\" height=\"48\" width=\"48\" style=\"border-top-left-radius: 50%; border-top-right-radius: 50%; border-bottom-right-radius: 50%; border-bottom-left-radius: 50%; padding: 0px;\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width: 8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/twitter.com\/coindesk?s=11\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: rgb(41, 44, 47); text-decoration: none;\">CoinDesk<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/twitter.com\/coindesk?s=11\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: rgb(126, 140, 152);\">\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@CoinDesk\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(41, 44, 47); font-size: 18px; line-height: 24px;\">Wyoming passed a law that lets decentralized autonomous organizations (DAOs) be legally recognized as limited liability corporations (LLCs).<\/p>\n<p><a href=\"https:\/\/twitter.com\/%E2%80%AA@Nate_DiCamillo%E2%80%AC%E2%81%A9\"><a href=\"mailto:\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@Nate_DiCamillo\u00e2\u20ac\u00ac\u00e2\u0081\u00a9\" >\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@Nate_DiCamillo\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/a>&nbsp;speaks with Wyoming lawmaker&nbsp;<a href=\"https:\/\/twitter.com\/%E2%80%AA@rothfuss%E2%80%AC%E2%81%A9\"><a href=\"mailto:\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@rothfuss\u00e2\u20ac\u00ac\u00e2\u0081\u00a9\" >\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@rothfuss\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/a>&nbsp;about why.<\/p>\n<p><a href=\"https:\/\/t.co\/WIWL0PSijh\">trib.al\/qjMqQNj<\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/twitter.com\/coindesk\/status\/1385299018146885633?s=11\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(102, 119, 133); font-size: 14px; line-height: 18px; text-decoration: none;\">4\/22\/21, 1:26 PM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><br \/><a href=\"https:\/\/twitter.com\/caitlinlong_\/status\/1384991490531729410?s=11\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"500\" bgcolor=\"#ffffff\" style=\"border: 1px solid rgb(204, 214, 221); border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px;\">\n<tbody>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\"><\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/twitter.com\/caitlinlong_?s=11\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1362592672150528003\/iYZ84uXB_normal.jpg\" height=\"48\" width=\"48\" style=\"border-top-left-radius: 50%; border-top-right-radius: 50%; border-bottom-right-radius: 50%; border-bottom-left-radius: 50%; padding: 0px;\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width: 8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/twitter.com\/caitlinlong_?s=11\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: rgb(41, 44, 47); text-decoration: none;\">Caitlin Long &#x1f511;<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/twitter.com\/caitlinlong_?s=11\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: rgb(126, 140, 152);\">\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@CaitlinLong_\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(41, 44, 47); font-size: 18px; line-height: 24px;\">AND IT\u00e2\u20ac\u2122S OFFICIAL!! &#x1f920;<a href=\"https:\/\/twitter.com\/search?q=%23Wyoming&amp;src=hash\">#Wyoming<\/a>&nbsp;will recognize&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23DAOs&amp;src=hash\">#DAOs<\/a>as a new type of LLC, effective July 1! Thank you legislators &amp;&nbsp;<a href=\"https:\/\/twitter.com\/%E2%80%AA@GovernorGordon%E2%80%AC%E2%81%A9\"><a href=\"mailto:\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@GovernorGordon\u00e2\u20ac\u00ac\u00e2\u0081\u00a9\" >\u00e2\u0081\u00a6\u00e2\u20ac\u00aa@GovernorGordon\u00e2\u20ac\u00ac\u00e2\u0081\u00a9<\/a><\/a>&nbsp;for building on Wyoming\u00e2\u20ac\u2122s history of inventing the LLC, which all other states followed roughly a decade later. We\u00e2\u20ac\u2122re doing it again! A thread&#x1f447;. 1\/&nbsp;<a href=\"https:\/\/t.co\/4x7VpcPTkk\">pic.twitter.com\/4x7VpcPTkk<\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/twitter.com\/caitlinlong_\/status\/1384991490531729410?s=11\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(102, 119, 133); font-size: 14px; line-height: 18px; text-decoration: none;\">4\/21\/21, 5:04 PM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\">Sent<\/span><span style=\"background-color: rgba(255, 255, 255, 0);\">&nbsp;from my personal iPhone,&nbsp;<a href=\"tel:650-283-8008\" dir=\"ltr\" x-apple-data-detectors=\"true\" x-apple-data-detectors-type=\"telephone\" x-apple-data-detectors-result=\"1\">650-283-8008<\/a>, number that&nbsp;Steve Jobs texted me on<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div dir=\"ltr\">\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\"><b>https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/b><\/span><\/font><\/div>\n<div><span style=\"font-size: 13pt;\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang decentralized autonomous organizations , DAOs, are now legally recognized as limited liability corporations (LLCs) &nbsp; &nbsp; Caitlin Long &#x1f511; \u00e2\u0081\u00a6\u00e2\u20ac\u00aa@CaitlinLong_\u00e2\u20ac\u00ac\u00e2\u0081\u00a9 I wonder how long it will take before the #DAO law spreads to rest of US too! If you think this is cool\u00e2\u20ac\u201d&amp;\/or the 23 other #blockchain-enabling laws #Wyoming has enacted to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14614","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/14614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=14614"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/14614\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=14614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=14614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=14614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}