Miles Jennings, common counsel at a16z Crypto, referred to as it a “main breakthrough” that can give the teams “much-needed protections and empower them to maintain blockchain networks open,” in line with a weblog entry posted Friday. This new recognition as “decentralized unincorporated nonprofit associations” (DUNAs) will assist the blockchain stewards guarantee “that the community stays open, that it doesn’t discriminate and that it doesn’t unfairly extract worth,” Jennings contends.
