kaal:claim:5886342-030
A DAO is defined for the Codex as a collective of identities pursuing a common goal through a decentralized and transparent decision making process, a definition that turns on process rather than on legal form.
Source quote, verbatim
(DAO) is a collective of Identities that pursues a common goal through a decentralized and transpar-
From
Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025), Part B, Book V, Section 1, Article 54 Definition, p. 12
https://ssrn.com/abstract=5886342 · source PDF
Cite as
Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025). SSRN: https://ssrn.com/abstract=5886342
Classification
definitionalsupport: asserteddaodecentralizationinstitutional-design
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