The Defiant’s Exclusive Report: Solving the Riddle of the DAO with Colorado’s Cooperative Laws by Jacqueline Radebaugh and Yev Muchnik

Our Partner and Shareholder, Jacqueline Radebaugh and Senior of Counsel, Yev Muchnik recently wrote this Exclusive Report: Solving the Riddle of the DAO with Colorado’s Cooperative Laws for The Defiant in which they reflect their legal analysis and anecdotal experience with DAOs adopting the LCA cooperative legal framework in the United States; as with other areas of web3, the need for regulatory clarity remains. This article provides a historical overview on how the corporate form has evolved in response to the needs of modern organizations and the role cooperatives have had to play in such evolution, discusses the similarities and differences between cooperatives and DAOs, before presenting use-cases from our experience supporting DAO-cooperatives.