Existing legal solutions for DAOs typically require some form of legal representation in the relevant jurisdiction, and such representation is always a point of centralization.
Source quote, verbatim
Existing legal solutions for DAOs typically require forms of legal representation in the respective jurisdiction, which are always a point of centralization.
Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320
Holds when
current legal wrappers available to DAOs
Classification
failuresupport: arguedfailure: Representation as centralization pointfamily: recentralization-driftlaw-and-legal-systemsdecentralization
Related claims
restateskaal:claim:3652481-023 Existing legal solutions for DAOs typically require some form of legal representation in the relevant jurisdic...
restateskaal:claim:3652481-001 Tying a DAO's legal existence to an existing legal and jurisdictional framework typically forces the DAO to ap...
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