Contact Us

+350 20079000 info@hassans.gi

This data will only be used by Hassans for processing your query and for no other purpose. View our privacy policy
| 1 minute read

Making a DAO Work

Blockchain technology allows people to share ideas, ownership, and records like never before. Amongst many exciting applications, these functions permit users to create synergetic, democratic organisations capable of doing much more than any other unincorporated form of association.

Referred to as Decentralised Autonomous Organisations (“DAOs”), as the name suggests, by design a DAO is intended to:

1. Avoid any form of centralised establishment, control, or governance; and

2. Empower all members to freely dictate the direction of the DAO by participating in DAO governance.

In the attached pdf, I provide a ‘warts and all’ overview of Decentralised Autonomous Organisations (“DAOs”); the characteristics of a DAO, benefits, pitfalls and the options available to overcome these.

https://www.gibraltarlaw.com/media/2023/07/DAOs-6.pdf

...from experience, we have found that, without access to the traditional legal world, most DAOs will struggle to properly function. www.gibraltarlaw.com/...

Hassans advises on Gibraltar’s first ever competition law claim.

Gibfibre Limited’s multimillion pound competition law claim against Gibtelecom & Rockolo is dismissed in its entirety. Today, the Supreme...

Posted on
Read more

Latest Insights

Group Personal Pension Schemes

Are you a private sector employer? Have you considered the benefits of Group Personal Pension Schemes? Following the introduction of the...

Posted on
Read more

Hassans advises on Gibraltar’s first ever competition law claim.

Gibfibre Limited’s multimillion pound competition law claim against Gibtelecom & Rockolo is dismissed in its entirety. Today, the Supreme...

Posted on
Read more

Hassans launches the first work on Gibraltar tax since 2006.

Hassans has today received the initial copies of the first original text on Gibraltar tax to be published since 2006.  “On the Principles...

Posted on
Read more