DAO LLC. EIN. U.S. address and bank account. Access to U.S. payments. Free tax consultations. Annual state compliance. IRS tax filings. $50,000 in startup perks. And more. File from anywhere, as a US or Non-US resident, in minutes. Crypto payments accepted.
Today we launched full support for forming DAO (Decentralized Autonomous Organization) LLCs in the U.S. Founders globally can now register a DAO LLC through doola, remotely, from anywhere in the world, without visiting the states. doola is the first tech company globally that can now help DAOs incorporate and maintain their LLC.
But first, what is a DAO? For the uninitiated 😉: A DAO is a digitally-native mechanism for coordination. At a fundamental level, you can think of DAOs as internet-native constitutions. But unlike regular constitutions, DAOs run as code enabled by smart contracts, hard-coded rules that are then deployed on blockchain networks like Ethereum. These smart contracts allow a DAO to run “autonomously” without necessarily relying on individual human decision-makers in the organization. This decentralization easily allows online communities to form and coordinate economically. On July 1st, 2021, Wyoming became the first US state to legally recognize DAOs and grant them the same rights as limited liability companies. Many DAOs are now forming in Wyoming and other U.S. states like Delaware.
History doesn’t repeat itself, but it often rhymes: the legal legislation enabling the creation of LLCs and C Corporations radically increased the scale at which humans were able to cooperate as well as the amount of capital that organizations could then raise and deploy. DAOs are a digital-first mechanism for coordination, and the next step in this evolution. We are bridging Web3 to Web2 by providing the ‘real-world’ tooling DAOs need including limited liability protection, fiat banking, tax filings, and more.
Here’s a prediction:
- In 2021, the world learned about NFTs.
- In 2022, everyone will learn about DAOs.
#justDAOit √ #WAGMI
Lastly, if you haven't heard of doola before here's more on us: doola helps global entrepreneurs form U.S. LLCs, C Corps, and DAO LLCs by supporting customers through the incorporation process so they can confidently collect payments, build credibility, stay legal, and make more money. doola provides company formation, an EIN, a U.S. address and bank account, access to U.S. payments, tax consultations, U.S. tax support, $50,000 in startup perks, and more. Today, companies on every continent (except Antarctica, if you're from Antarctica please message us!) have launched with doola, and these founders didn’t need a U.S. social security number to benefit from doola’s products and services. doola's motto is "we only succeed if our customer's businesses succeed" but don't take our word for it, hear what founder's around the world have to say about working with doola: https://www.trustpilot.com/revie...
Ohh wow ?makers 🔥 This is really really cool. Curious to know how are you guys ensuring 'on-chain incorporation' and if there are any DAOs that have registered so far? How has been their experience?
@adityavsc Oh check this out for on-chain incorporation for investment club DAOs! https://twitter.com/SyndicateDAO...
And stay tuned we want to ship some founder talks + interviews with DAOs on doola!
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Used doola to form the LLC for RAIZE, so seamless. Can only imagine the DAO offering is as clean and straightforward
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