🚨 DAOs took a HUGE step forward today 🚨
The Wyoming DAO bill passed the Wyoming Senate committee. I’ll try to keep folks posted on what happens next.
This bill is significant -- short thread why 👇 https://t.co/RLrRUNAL2A
— Aaron Wright (@awrigh01) March 9, 2021
What are DAOs?
Wyoming: scrap this bill. “DAO” is language long used by token hawkers to justify selling shitcoins and half baked code. They don’t incorporate an LLC because they don’t want to KYC their members and be responsible for what the DAOs do. Don’t enable this behavior. https://t.co/3HeUI49Vhx
— Preston Byrne (@prestonjbyrne) February 5, 2021