Ep 40 | Formation, Legalization & the Emergence of DAOs with Aaron Wright of Tribute Labs

2017 was ICO’s.   2018 was depressing 😖   2019 was security tokens.   2020 was DeFi.   2021 is NFTs and…   👉 DAOs & DOs.   However, most people don’t understand how DAOs (or DOs) work. There is also uncertainty about the legal interface between DAOs and government regulation, how DAOs will evolve, and their potential use cases.   “Blockchain corporations” have come a long way from the term DAGs coined by Ethereum founder Vitalik Buterin to their modern and more practical versions: DAOs and DOs. Their chief concerns still remain.     In this episode of The Money Movement, Jeremy is joined by Aaron Wright, Co-Founder, and CEO of Tribute Labs (formerly known as OpenLaw) and a Professor at Benjamin N. Cardozo School of Law.     They discuss:     👉 A broad definition of a DAO 👉 Where DAOs might actually be used 👉 The growth of investment DAOs 👉 How we might legalize DAOs in the US 👉 How to get started with DAOs 👉 An overview of DAO tools  👉 The evolution of DAOs   If you want to learn about how DAOs are being used today in the real world and how to overcome the legal challenges that come with setting up and operating a DAO, tune into this episode of The Money Movement.     Subscribe here:     👉 YouTube: https://bit.ly/3lUcJFN  👉 Apple: https://apple.co/3G3CrPZ  👉 Spotify: https://spoti.fi/3lUd6jF  👉 Email: https://bit.ly/3aXWYY5      And connect with Aaron here:     👉 Twitter: https://twitter.com/awrigh01  👉 LinkedIn: https://www.linkedin.com/in/aaronwright     About the Show      The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.   The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at circle.com.