Compliance is a Spectrum

DAOs that have a complete legal wrapper as an American C-Corp or LLC.

DAOs that are under Wyoming DAO LLC Laws. 

Even when a DAO reaches a stage in which incorporation makes sense, how they comply with corporation laws turns out to be a spectrum, and it’s much more than a binary “Compliant vs Non-compliant” answer upon analysis. 

Know Your Customer (KYC): How can we implement zero knowledge KYC obligations while retaining privacy and freedom for individuals, regardless of who they are or where they're from?Smart Contracts: How can smart contracts be recognized as a viable method of optimizing for compliance, just like how we have accountants to optimize for year-end audits ... See more

There are a few key points in which DAOs should have specific laws that pertain to this new governance structure:

Rather, you put up a landing page, build out a MVP, start making a few sales, and then incorporate your company — justifying the expense and the overhead compliance required for operating a C-Corp.

DAOs that are not part of any nation state, but exploring legal counsel and are pro-active with potential compliance audits/checks.DAOs that are based overseas and have international legal structures.

Spectrum:DAOs that run completely outside of any nation state.

Before you start a company, you start a side project. You don't incorporate your side project on the day that you have the idea, and you’d likely not incorporate it until you’ve made your first sale.