Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an “oasis.”
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Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an “oasis.”
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![Pinterest](https://pinterest.com/pin/create/button/?url=https://web2.support/2024/03/08/wyoming-grants-daos-new-legal-structure/&media=https://web2.support/wp-content/uploads/2024/03/Wyoming-Grants-DAOs-New-Legal-Structure.jpg&description=The governor signed a law setting up a legal status – "decentralized unincorporated nonprofit associations" – for DAOs there, and one investment firm called Wyoming an "oasis."){kind=link}