MIDAO helps DAOs incorporate in the only sovereign nation that explicitly recognizes DAOs.
DAOs struggle to incorporate in traditional states or countries as they don't recognize blockchain-based organizations. MIDAO passed the DAO Act in 2022 to create LLC legislation in the Marshall Islands that explicitly recognizes the blockchain and DAOs. Midao helps DAOs incorporate in the RMI to help provide them with corporate personhood, limited liability, and tax entities.
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