#Recaps_UpScale
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#Recaps of the UpScale Community telegram group, discussion and items not already seen nor shared elsewhere.
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#DAOs_Legal_Wrapper :
"New paper on legal wrapping for DAOs. Read and discuss!
From https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4123737
"'Finally, it is helpful to keep in mind that legal and operational timelines can vary considerably. In many instances, DAOs develop organically before their legal wrappers. DAOs can begin with a catalyst organizing a small community with a particular mission or goal. At the beginning stages, members coalesce around communication platforms like Discord and Telegram. As the DAO grows, members may, but certainly not always, choose to launch a token and potentially raise capital for the DAO’s treasury by having members contribute assets. DAOs commonly also leverage blockchain technology to implement governance over the DAO, a process that can involve using any number of open-source tools and dapps that have preset and customizable organizational structures or protocols. DAOs operating in this model tend to start small, and legal wrappers are often only considered as DAOs scale—or after they run into trouble due to a hack or operational problems that create liability.'"

#ENF_Eden : (related to #DAOs_Legal_Wrapper, words from Yves La Rose) "Please don't make Eden a formal legal entity. Please keep that out of bylaws. Please keep Eden as a smart contract operated DAO."
"CDs can form an entity to interact with the "real world" if they wish (that's not Eden). I will not support, and would campaign against, getting Eden to be a formal entity. Please don't transform Eden itself into a formal legal entity."
"I am not neutral on Eden's future. I wish to see it succeed and fill a key role. Grow your membership. Become a non-arguable weight within the ecosystem."

#DAOs_Legal_Wrapper :
--M1-- : "Uniqueness is attractive. We don't all have to agree on the definition of DAO... It's a logical process set in motion by people. And we have to tend to it carefully, like one does any garden. Gardens are themselves like systems of smart contracts, with various yields from unique processes.
Eden's main strength is that it is a collection of real people from around the world who are not worried about fitting into a single set of regional laws. We're trying to build something that is supra-national. If individuals wish to create a 'legal wrapper' for a specific purpose, it's something that they can do. But they can't speak for the whole organization, without basically inviting an enemy to come and set up in our garden permanently."
--M2-- : "The amount of time and energy on the idea of Eden on EOS being turned into or using a company..."
--M3-- : "From my perspective on what a DAO is, which is the only direction in which I personally support Eden progressing, "Eden's next step..." doesn't even make grammatical sense. Eden doesn't take steps. Members take steps. I member wants to form a legal entity, he should do so. Members can do things, and we are all using the fractal governance process to organize our efforts toward a common goal. I'm starting to prefer thinking that what we are *doing* is DAO. We are exhibiting decentralized & autonomous organization, rather than being "a" decentralized autonomous organization, which apparently implies to most people a form of top-down organization that I think isn't super compatible with fractal gov."
--M1-- : "We have to think about what Eden can be in 3,5,7,10 years. When you really step back and consider the potential, we are on the bleeding edge of DAO technology and techniques. This is much more than just a process."