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/...

Gibraltar Opens the Door to Tokenised Fund Shares: What It Means and Who Can Use It

DLT now sits inside Gibraltar's statutory framework for investment funds, a step most jurisdictions have discussed without legislating...

Posted on
Read more

Latest Insights

Why Gibraltar for Investment Funds? EIFs, Protected Cells and the New Tokenisation Regime.

Choosing the right jurisdiction for an investment fund involves more than comparing regulatory requirements. Fund managers increasingly...

Posted on
Read more

Digital Trade Finance: Why Gibraltar?

A container can reach its destination before the paper bill of lading does, leaving cargo waiting, payment delayed and working capital...

Posted on
Read more

Aaron Payas’ Funds Europe opinion piece on tokenised shares in Experience Investor Funds

Gibraltar has further cemented its position at the forefront of financial innovation with new legislation permitting tokenised shares in...

Posted on
Read more