Demystifying DAOs - McDermott Will & Emery

Demystifying DAOs

Overview


Fintech attorney Arvin Abraham authored an article on Decentralised Autonomous Organisations (DAOs).

DAOs are organisations whose rules and governance (the parameters by which they operate and stakeholders interact) are encoded in a blockchain (i.e., in a computer program rather than set out in a typical paper-based governance document such as a shareholder’s agreement).