Marshall Islands Looks to Become Global Hub for DAO Incorporations

February 18, 2022 by Business Desk

CoinDesk published this video item, entitled “Marshall Islands Looks to Become Global Hub for DAO Incorporations” – below is their description.

Deep in the Pacific Ocean lies a sprawling chain of volcanic islands, the Marshall Islands, that is looking to grant DAOs the same privileges as limited liability corporations. But why do DAOs need to become registered as corporations? Adam Miller, co-founder of a local organization MIDAO, explains two reasons: legal personhood and limited liability. He joins “All About ETH” live from Ethereum Denver 2022 to discuss why the Marshall Islands, the issues with Wyoming’s LLC law and the future of DAOs.
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