THE LEGAL STATUS OF DECENTRALIZED AUTONOMOUS ORGANIZATIONS ON THE EXAMPLE OF MARKETPLACES

Abstract

This article examines the legal regulation of decentralized autonomous organizations (DAOs). The operational mechanisms and essence of DAOs are analyzed using the example of several marketplaces. The study identifies different types of DAOs and explores their legal nature. The paper also investigates the regulatory approaches of foreign jurisdictions toward DAOs. The legal status of DAOs is critically assessed. Based on the findings, the author proposes considering DAOs not only as legal entities but also as a decision-making mechanism within organizations