Another week in crypto has passed, and for some that don't necessarily pay attention to the day-to-day activity within the crypto world, it can often seem downright boring, but if history is any indication, it is often times like these when some of the most overlooked and remarkable news will reveal itself. In this particular video I we'll go over a new article I read called “America’s First Legal DAO Approved in Wyoming” and give you my opinion on what I believe this means for the EOS blockchain, the source link for the article will be below, OK now let's get started.
While reading the article, I realized that I didn't know many things. I guess I should keep researching eos. Thank you very much, thanks to your articles, we stay informed about the agenda.
eos ecosystem is getting more and more valuable day by day. It is recognized by more people. I am one of them. At first, I didn't know much about the EOS system. Thanks to your articles, I have more information.
I hope this ecosystem continues to cooperate. I hope you attract more companies like Chintai company use this system
Just learnt about the fundamentals of DAO from the last published Cryptowriter article. Same thing was mentioned there too, it's great news coming from Wyoming. I particularly like this DAO belongs to EOS chain.
Before I didn't know much about EOS, in fact I didn't have sympathy for EOS. Thanks to you the more I learn, the more EOS gets my sympathy. Btw your profile image reminds me the video game Borderlands : D
Eos is a network that has been working very well recently and has done very successful work.
At first, I thought of Eos as just a coin. And then when I looked, I saw what a deep net it was.
The infrastructure is very good. I see his signature on a lot of projects I've been looking at lately. Open to innovation. That makes them successful.
I also think that the new and current networks are better than the old ones. They're much faster. So we need to be given a chance. To prove themselves.
The American CryptoFed DAO will be governed by its own governing token, which has been approved and approved by SEC commissioner Hester Peirce to meet the definition in the Safe Haven for Tokens Proposal.
The rules of the DAO will be decided by consensus to be determined by the management token holders, and the rules cannot be interfered with by any central authority. Transactions will be kept on a transparent and immutable blockchain.
Edward Buchanan, Wyoming state secretary of state, who made statements on the subject, stated that the state has supported innovation since 1977, when it accepted LLCs, which are limited liability companies, and used the following statements:
“Wyoming has a reputation for driving innovation in business and technology. We are proud to maintain this innovative feature as we give legal rights to Decentralized Autonomous Organizations (DAOs).
Congratulations to the CryptoFed DAO for being the first DAO to be legally recognized by the Wyoming State Department.”
“Transaction costs disappear”
American CryptoFed DAO CEO Marian Or said, “The state of Wyoming is the leading digital asset jurisdiction in the United States and, with the current DAO law, has become the most important blockchain jurisdiction in the world.
“This means we can create a true digital currency that will be accepted by the masses.”
Orr also; “Our digital currency will give municipalities, businesses and consumers the opportunity to transact digitally without process costs.
As a former mayor, I can say that such costs increase very quickly and are a huge burden. In other words, our cities and all the elements connected to them will no longer lose money due to the costs they face in the processes.
Municipalities will also be able to generate extra income without raising taxes.
I sometimes find it difficult to understand because I lack technical knowledge. But it's better for me. I am learn. I have extensive knowledge, especially about EOS. I love your articles. My comment will be like a thank you comment. I hope you'll always be here and keep writing. Thank you very much. Have a nice day.
While reading the article, I realized that I didn't know many things. I guess I should keep researching eos. Thank you very much, thanks to your articles, we stay informed about the agenda.
eos ecosystem is getting more and more valuable day by day. It is recognized by more people. I am one of them. At first, I didn't know much about the EOS system. Thanks to your articles, I have more information.
I hope this ecosystem continues to cooperate. I hope you attract more companies like Chintai company use this system
Thank you for reading
Just learnt about the fundamentals of DAO from the last published Cryptowriter article. Same thing was mentioned there too, it's great news coming from Wyoming. I particularly like this DAO belongs to EOS chain.
Before I didn't know much about EOS, in fact I didn't have sympathy for EOS. Thanks to you the more I learn, the more EOS gets my sympathy. Btw your profile image reminds me the video game Borderlands : D
Thanks for the article!
Interesting Read
Thanks for posting frequently :)
What about Making a Full dedicated Article on
"What's EOS and The potential of the project" so that we can easily share with the newbies ?
A big article describing each and everything about EOS and it's work
Thanks For this Article ;)
Eos is a network that has been working very well recently and has done very successful work.
At first, I thought of Eos as just a coin. And then when I looked, I saw what a deep net it was.
The infrastructure is very good. I see his signature on a lot of projects I've been looking at lately. Open to innovation. That makes them successful.
I also think that the new and current networks are better than the old ones. They're much faster. So we need to be given a chance. To prove themselves.
A great article. I enjoyed reading.
I had no knowledge, thanks to the articles here, it's good to know that I have a lot of ideas, thanks
Central authority cannot interfere
The American CryptoFed DAO will be governed by its own governing token, which has been approved and approved by SEC commissioner Hester Peirce to meet the definition in the Safe Haven for Tokens Proposal.
The rules of the DAO will be decided by consensus to be determined by the management token holders, and the rules cannot be interfered with by any central authority. Transactions will be kept on a transparent and immutable blockchain.
Edward Buchanan, Wyoming state secretary of state, who made statements on the subject, stated that the state has supported innovation since 1977, when it accepted LLCs, which are limited liability companies, and used the following statements:
“Wyoming has a reputation for driving innovation in business and technology. We are proud to maintain this innovative feature as we give legal rights to Decentralized Autonomous Organizations (DAOs).
Congratulations to the CryptoFed DAO for being the first DAO to be legally recognized by the Wyoming State Department.”
“Transaction costs disappear”
American CryptoFed DAO CEO Marian Or said, “The state of Wyoming is the leading digital asset jurisdiction in the United States and, with the current DAO law, has become the most important blockchain jurisdiction in the world.
“This means we can create a true digital currency that will be accepted by the masses.”
Orr also; “Our digital currency will give municipalities, businesses and consumers the opportunity to transact digitally without process costs.
As a former mayor, I can say that such costs increase very quickly and are a huge burden. In other words, our cities and all the elements connected to them will no longer lose money due to the costs they face in the processes.
Municipalities will also be able to generate extra income without raising taxes.
EOS has been working really well lately. We see the name of EOS in many projects and understand how successful it is.
You're working hard EOS keep it up.
Thanks for the article.
I sometimes find it difficult to understand because I lack technical knowledge. But it's better for me. I am learn. I have extensive knowledge, especially about EOS. I love your articles. My comment will be like a thank you comment. I hope you'll always be here and keep writing. Thank you very much. Have a nice day.
Another great one Crypto bot! Love that series. Keep it up Eos Nation!
Wyoming once again at the forefront of equality!
Thanks Wyoming.
Thanks Eos.
I learn something new every day thanks to cryptowriter!
Thanks for the article.
EOS system continues to grow day by day, good days are waiting for us.
Thanks for the article.
This is great news for EOS and crypto in general.
Good to see these innovations take place to move crypto forward.
I feel that the success of EOS will lead the way for WAX and other alike!
This is huge news undoubtedly, points of reference like these are significant to urging different spots to jump aboard with crypto.
DAO will become widespread every day, and will shape and beautify our lives.
Thank you for your informative article and podcast.