Category: Governance (DAO)
TL;DR
Establishing a Marshall Islands entity for the DAO will bring clarity & certainty about what the DAO is, what it owns, and how it can interact with the world. It protects the DAO participants and preserves decentralized governance.
Background
Many mature DAOs have adopted a legal structure as an operational best practice. A legal wrapper helps a DAO interface more effectively with service providers, exchanges and contributors; and enable more streamlined administration of both on and off-chain activities.
Details:
Below are draft documents that would govern the proposed BadgerDAO legal entity.