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Decentralized autonomous organizations: adapting legal structures and proposing a new model of DAOLLP

Shabir Korotana

Capital Markets Law Journal2025https://doi.org/10.1093/cmlj/kmaf011article
ABDC A
Weight
0.37

Abstract

This article examines the integration of Decentralized Autonomous Organizations (DAOs) into the existing legal framework of the United Kingdom, proposing a novel legal entity model termed the Decentralized Autonomous Organization Limited Liability Partnership (DAOLLP). It explores the distinctive characteristics of DAOs, including their decentralized governance, reliance on smart contracts operating on blockchain and the challenges they face under current UK law and underscores the necessity for legal adaptations that accommodate these innovative structures. The suggested model seeks to provide legal personhood, limited liability protection and a framework for compliance with existing laws and regulations while maintaining the core principles of decentralization and transparency. By comparative analysis of legislative approaches towards DAOs in jurisdictions such as Wyoming, Vermont and Malta, this article promotes a proactive regulatory framework for DAOs that fosters innovation and positions the UK as a leader in blockchain governance.

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https://doi.org/https://doi.org/10.1093/cmlj/kmaf011

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@article{shabir2025,
  title        = {{Decentralized autonomous organizations: adapting legal structures and proposing a new model of DAOLLP}},
  author       = {Shabir Korotana},
  journal      = {Capital Markets Law Journal},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1093/cmlj/kmaf011},
}

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.