Express

OpenLaw Launches First ‘Legal DAO’ For Distributed VC Investments

Ramsey Baker

Summary: OpenLaw, a decentralized autonomous organization (DAO) on Ethereum, claims to have launched the first "Legal DAO" for Distributed VC Investments. OpenLaw’s LAO, or “Limited Liability Autonomous Organization,” opened Tuesday for investors wanting to compliantly gain returns on the next wave of Ethereum-based projects. By forming a distributed group of investors, which was initially capped at ...

OpenLaw, a decentralized autonomous organization (DAO) on Ethereum, claims to have launched the first "Legal DAO" for Distributed VC Investments.

OpenLaw’s LAO, or “Limited Liability Autonomous Organization,” opened Tuesday for investors wanting to compliantly gain returns on the next wave of Ethereum-based projects.

By forming a distributed group of investors, which was initially capped at 100, the LAO looks to legitimize new forms of venture capital investment.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: OpenLaw Launches First ‘Legal DAO’ For Distributed VC Investments   [Copy]
Next:

Related Articles

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 3 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 7 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 10 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago

    • You need to login to comment.