kaal:claim:4529715-022

Decentralized organizations carry inherent risks that require establishing a legal entity, and establishing that legal entity inherently contradicts the notion of decentralization.

Source quote, verbatim

Third, decentralized organizations themselves come with inherent risks that require establishing a legal entity, which inherently contradicts the notion of decentralization.

From

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Decentralized Insurance, p. 83
https://ssrn.com/abstract=4529715 · source PDF

Cite as

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

Holds when

decentralized insurance organizations

Classification

failuresupport: arguedfailure: legal-wrapper-paradoxfamily: legal-personality-and-liability-gapdaolaw-and-legal-systemsdecentralization

Related claims

extends kaal:claim:3652481-040 Without a legal wrapper, DAOs face potential regulatory enforcement actions and civil liability not only at th...

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