Lucy Frew highlights the current predicaments of DAOs from a legal and regulatory perspective. The article explores the challenges that DAOs present to the legal structures of organizations as we know them. Overall, DAOs aim at decentralization, but the degree of decentralization varies over time and has critical implications for the accountability of its members: the token holders. Frew discusses the existing regulatory landscape of DAOs and looks at the circumstances under which a DAO might benefit from seeking legal status.
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