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Roy Zorbison @0xen
5/28/2023

Someday soon, maybe when Nouns Builder is on Zorachain or Base I'd like to make Purple People Eater DAO a reality. Lil Nouns style with short auction duration/cheap price. Fun, spend everything, a little frivolous, unserious, BUT are founders on the hook for any kind of tax liability?

In reply to @0xen
huugo@huugo
5/28/2023

Wondering the same 🤔

In reply to @0xen
ChrisCoCreated@chriscocreated
5/28/2023

@nounishprof might have some insights

In reply to @0xen
Nounish Professor ⌐◧-◧@nounishprof
5/28/2023

It depends on the underlying entity. “Legal Wrapper” refers to something like an LLC DAO in Wyoming or Delaware or an UNA like BuilderDAO. Or it can be a foundation like Nouns. So whether or not founders have liability depends on all that. And country of residence.

In reply to @0xen
Nounish Professor ⌐◧-◧@nounishprof
5/28/2023

And this question just emphasizes what I’ve been thinking: we need some DAO workshops/bootcamp to tackle this and other issues around starting a nounish DAO. Working on it!

In reply to @0xen
gm8xx8@gm8xx8
5/28/2023

dated but a good place to start 👇 https://daos.paradigm.xyz