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drewg__'s profile
drew
drew
drew
@drewg__

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drew

@drewg__

electronic trading technologist, illiquid commodity futures enthusiast, hedge fund/HFT apologist, big idiot

NYC
Joined April 2009

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    1. roon‏ @tszzl Oct 20

      roon Retweeted cobie

      how does this structure work? are DAOs legally recognized entities or do they need a shell corp that have eg corporate leadership that voluntarily follows the will of the DAOhttps://twitter.com/CryptoCobain/status/1450922278938628098 …

      roon added,

      cobie @CryptoCobain
      How it started / how it’s going pic.twitter.com/v6RYFpT9qc
      Show this thread
      15 replies 1 retweet 75 likes
    2. drew‏ @drewg__ Oct 20
      Replying to @tszzl

      The legal status of DAOs is unclear and kinda crashes headlong into the debate over the degree to which "code is law" in cryptoworld. A DAOs "rules" (for lack of better term) live on the chain but the extent to which the law recognizes them as binding is unclear

      1 reply 0 retweets 5 likes
    3. drew‏ @drewg__ Oct 20
      Replying to @drewg__ @tszzl

      AFAIK Wyoming (lol) is the only state that has made an effort to give legislative/regulatory guidance around this and basically treats them as an LLC, that said i don't think there are actual cases yet specifically applying thishttps://www.dlapiper.com/en/us/insights/publications/2021/03/wyoming-takes-a-step-ahead-to-clarify-the-legal-status-of-decentralized-autonomous-organizations/ …

      1 reply 0 retweets 2 likes
      drew‏ @drewg__ Oct 20
      Replying to @drewg__ @tszzl

      the expert on this would probably be @tarunchitra tbh, he is in far deeper than i am

      6:34 PM - 20 Oct 2021
      • 1 Like
      • roon
      0 replies 0 retweets 1 like

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