kaal:position:2026-07-31-6070
Wyoming’s DAO Statutes presents the following source proposition: Wyoming’s DAO Statutes - A Model for Wider Adoption This article examines the first American statutes that address the legal organizational structure of decentralized autonomous organizations (DAOs). This proposition is pertinent to Kaal's source-bound claim that Decentralized autonomous organizations epitomize organizational decentralization because the first DAO, built purely on code and smart contracts with no incorporation, physical address, or headquarters, entirely removed all traditional control mechanisms employed by principals in agency relationships. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
daosmart-contractsdecentralizationinstitutional-designhistorical-responsescholarly-literatureopenalex