Nouns DAO Open Sources DUNA Bylaws
Nouns DAO Open Sources DUNA Bylaws
⚖️ DAOs Get Legal Superpowers
Nouns DAO has released their DUNA bylaws as open-source under Creative Commons licensing. This significant development was made possible through collaboration with Latham & Watkins law firm.
Key points:
- Bylaws now publicly available on GitHub
- Released as a public good for the DAO ecosystem
- Professional legal framework from Latham & Watkins
- Aims to advance DAO governance standards
This release represents a step toward greater transparency and standardization in DAO governance structures.
Excited to share that we've open-sourced Nouns DUNA bylaws under Creative Commons. Thanks to @lathamwatkins for their draft & generous support releasing as a public good. We hope this represents a big step forward for Nouns and the wider DAO ecosystem! github.com/nounsDAO/duna-…
Excited to share that we've open-sourced Nouns DUNA bylaws under Creative Commons. Thanks to @lathamwatkins for their draft & generous support releasing as a public good. We hope this represents a big step forward for Nouns and the wider DAO ecosystem! github.com/nounsDAO/duna-…
Nouns DAO Funds School Rebuild in Uganda
In a notable example of web3's real-world impact, @davinoyesigye successfully leveraged the Nouns DAO ecosystem to fund the reconstruction of his elementary school in Uganda. This project demonstrates how decentralized autonomous organizations (DAOs) can facilitate direct community-driven philanthropy and infrastructure development in underserved regions. Key Points: - Local initiative led by community member - Direct funding through Nouns DAO - Educational infrastructure improvement - Successful cross-border implementation This case study shows the practical application of web3 governance for social good.
Nouns DAO Announces Major Structural Changes
Nouns DAO is implementing significant governance changes by transitioning to a Wyoming DUNA (Decentralized Unincorporated Nonprofit Association) structure. Key updates: - Fork mechanism being replaced as minority protection system - New streaming model for winning bids - Owners can exit by canceling streams and withdrawing unvested funds The new design will undergo audit starting next week, marking a crucial step in the DAO's evolution.
Design Your Own Ledger with Nouns Collab!
Nouns is giving you the opportunity to design your very own Ledger. Submit your designs to be considered for the collab. The best designs will receive 1 ETH and Ledger units.