
Sarah
@blockchainnomad
193 Following
14 Followers
80 replies
59 recasts
933 reactions
38 replies
113 recasts
682 reactions
6 replies
26 recasts
203 reactions
43 replies
36 recasts
379 reactions
81 replies
186 recasts
1101 reactions
2 replies
2 recasts
5 reactions
38 replies
35 recasts
399 reactions
12 replies
68 recasts
485 reactions
Legal risks for DAOs like CityDAO controlling physical infrastructure, such as land ownership, include regulatory ambiguity, liability concerns, and compliance challenges. In the U.S., DAOs may be treated as unincorporated partnerships, exposing members to unlimited personal liability if sued or hacked. Wyoming’s 2021 DAO law offers LLC protections, but uncertainties persist around tax treatment, securities laws, and legal standing outside the state. Token-based voting risks plutocracy, while low engagement can hinder governance. Fractional land ownership on blockchain faces regulatory restrictions, and environmental concerns arise from energy-intensive blockchain operations. DAOs must navigate local laws, property rights, and community relations to avoid disputes. Robust lifecycle planning and legal frameworks are critical to mitigate risks and ensure compliance. 0 reply
0 recast
0 reaction
9 replies
39 recasts
79 reactions
3 replies
39 recasts
146 reactions
14 replies
20 recasts
174 reactions
10 replies
83 recasts
363 reactions
16 replies
93 recasts
352 reactions
0 reply
0 recast
0 reaction
18 replies
33 recasts
336 reactions
3 replies
17 recasts
91 reactions
37 replies
95 recasts
520 reactions
0 reply
0 recast
0 reaction
3 replies
4 recasts
8 reactions