kaal:claim:5254152-028

A DAO operating without a legal wrapper risks being deemed a partnership by estoppel in legal disputes, exposing its members to liability, as scored for Hop DAO with a regulatory compliance score of 1.

Lacking a legal wrapper, it is at risk of being deemed a partnership by estoppel in legal disputes (R: 1).

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024), APPENDIX A: DAO Dataset, Hop DAO, p. 35
https://ssrn.com/abstract=5254152 · source PDF

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024). SSRN: https://ssrn.com/abstract=5254152

• DAOs with no legal entity or legal wrapper

failuresupport: evidencedfailure: partnership by estoppel exposurefamily: legal-personality-and-liability-gaplaw-and-legal-systemscompliance

• extends kaal:claim:4529715-007 Regulatory compliance is the weakest of all six categories, averaging 3.01 out of 10, and Services DAOs are th...
• supports kaal:claim:3652481-040 Without a legal wrapper, DAOs face potential regulatory enforcement actions and civil liability not only at th...
• extends kaal:claim:3799320-009 Default general partnership treatment would hold every stakeholder of a DAO liable for any debts or legal acti...
• supports kaal:claim:3799320-019 Under the legal wrapper concept individual DAO members are not liable and the third party knows exactly with w...

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