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Blockchain dev says DAOs don’t work, elected leaders are the answer

Martin Krung wants to replace DAOs with decentralized hierarchical organizations, including elected leaders and hierarchical decision-making.

Allegedly decentralized ‘credit market’ shutters after attorney Discord post

DeFi protocol BarnBridge DAO immediately halted operations after a lawyer warned that token-holders could be personally liable.

Unless revised, proposed bill AB 1229 would allow any non-profit group in California to claim ‘decentralized’ status as a non-profit DAO.

Arbitrum’s first Arbitrum Improvement Proposal was shot down by the community, but implementation has already begun.

A California judge has ruled that DAO token holders may be liable for the actions of the DAO as part of a general partnership.