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Decentralized Autonomous Organizations: The New LLCs?
A new corporate structure designed to fit the culture behind blockchain has emerged called decentralized autonomous organizations, explains Andrew Gilbert, a partner at Croke Fairchild Morgan & Beres. He contends that while they are in their infancy now, DAOs could change corporate organization and stakeholder liability in the 2020s similar to LLCs in the 1990s.
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