Alabama Grants Legal Status to DAOs Under DUNA Act
Alabama becomes the second US state to grant legal recognition to DAOs, offering liability protections and a formal legal framework.
Decentralized Autonomous Organization (DAO)
A decentralized autonomous organization (DAO) is a blockchain-based entity governed by rules encoded in smart contracts rather than centralized leadership. Decisions within a DAO are typically made through proposals and voting by token holders or members. These organizations operate transparently, with actions and governance processes recorded on the blockchain. DAOs are commonly used to manage protocols, treasuries, and community-driven projects. Smart contracts automate execution once governance decisions are approved. DAOs enable decentralized coordination and collective decision-making without intermediaries.
Ethereum Prepares Mainnet Launch of AI Agent Economy Standard
Ethereum is set to activate ERC-8004 on mainnet, introducing a standardized framework that allows AI agents to operate as economic actors across decentralized networks.