Distributed autonomous organzations (DAOs) have more in common with limited liability corporations (LLCs) than C Corporations. There is near infinite variability possible in an LLC’s operating agreement similar to how DAOs can be grant DAOs, investment DAOs, protocol DAOs, and many more. C Corps on the other hand have converged on, more or less, a standard—Delaware C Corp and a well-known governance structure based on ownership of stock.
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