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Pep Pods from Cummings Pepperdine - What are DAOs and why do they matter? | Cummings Pepperdine's Crypto Questions with Edward Noyons of Marfire

What are DAOs and why do they matter? | Cummings Pepperdine's Crypto Questions with Edward Noyons of Marfire

Pep Pods from Cummings Pepperdine

03/23/23 • 28 min

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In the latest episode of the hugely popular Cummings Pepperdine's Crypto Questions, we dive into the world of decentralized autonomous organizations (DAOs) and how they are shaking up the virtual asset space. Today's expert guest is Edward Noyons.
Edward is director of the web3 consultancy firm, Marfire and co-Founder of the professional service provider, Autonomous.
Connect with Edward here.

Essential listening for the crypto funds industry.
Covered in today's episode:
- Introduction to Web3 and digital asset-focused DAOs
- The concept of a ‘perfect’ DAO and its decentralized decision-making
- Advantages and challenges of DAOs
- Types of DAOs and their functions, e.g. protocol, grant, social/collector/venture DAOs
- Examples of DAOs in action, e.g. Constitution DAO, Links DAO
- Legal structuring for DAOs and the use of foundation companies
- Regulation of DAOs and the role of service providers in the Cayman Islands
- Roles needed for a foundation company to exist/function and their availability in the Cayman Islands
- Services offered by Marfire and Autonomous
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Cummings Pepperdine provide relationship-based holistic solutions linking law, tax and FCA compliance. Specialising in these three key areas allows us to offer clients a wide breadth of assistance to cater to their core business needs.
Visit www.cummingspepperdine.com for more information.
For a transcript of this episode, please click here.
New transcripts being added weekly.

Cummings Pepperdine is a unique leading legal advisor on crypto and alternative assets, advising a large and diverse global client base and the only firm to provide a complete solution building on the three key areas of law, tax and FCA with legal underpinning at every point.

Visit www.cummingspepperdine.com

03/23/23 • 28 min

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Pep Pods from Cummings Pepperdine - What are DAOs and why do they matter? | Cummings Pepperdine's Crypto Questions with Edward Noyons of Marfire

Transcript

Ian Gobin [00:00:00]: Hello and welcome to another podcast from Cummings Pepperdine. My name is Ian Gobin. I am a co-owner and partner working alongside Claire Cummings. Today we are chatting with Eddie Noyons of Marfire, all about DAO’s. Eddie, hello.

Edward Nyons [00:00:18]: Hi, Ian. How's it going? Good.

Ian Gobin [00:00:20]: So, tell us briefly about Marfire.

Edward Nyons [00:00:23]: Yeah, sure. So Marfire was founded actually two years to the day. It's our second year

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