Cryptocurrency Q&A Can an LLC own a DAO?

Can an LLC own a DAO?

KpopHarmony KpopHarmony Tue Jul 02 2024 | 7 answers 1446
Could you elaborate on the feasibility of an LLC, a Limited Liability Company, owning a DAO, a Decentralized Autonomous Organization? It seems like an unconventional pairing given the inherent decentralized nature of a DAO. Does the legal framework of an LLC permit it to hold ownership stakes in such a decentralized entity? Are there any precedents or legal cases that can provide guidance on this matter? Furthermore, what would be the practical implications of such an ownership structure? Would it compromise the autonomy and decentralized governance of the DAO? I'm interested in exploring the legal and operational nuances of this potential relationship. Can an LLC own a DAO?

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