LexDAO January 2022 Newsletter

What's New in the Legal Engineering Guild

What’s New in LexDAO

LexEd

The LexEd team has been hard at work preparing “Trapped in Charlotte’s Web3: A Primer on Crypto Real-World Uses of Smart Contracts and Blockchain.” On January 28, LexDAO Guild Members will be giving their first presentation for attorneys wanting to learn more about the legal issues in the blockchain and web3 space. The presentation will cover the basics of blockchain and smart contracts, multisig wallets, smart escrow contracts, and managing real property on the blockchain. 

The presentation sets up LexDAO and the LexEd team for future opportunities to educate attorneys on the sector’s most pressing legal issues, and will help draw attention to LexDAO and its mission. 

Twitter Spaces

LexDAO hosted our first Twitter Spaces chat, which, going forward, will take place every other week on Thursdays at 5pm EST. These spaces will discuss current events around the law, blockchain, and current events. Omen, mikewavsz, and taxpanda, were the panelists for this first conversation, and they discussed the aftermath of constitutionDAO. 

WY DAO Bill Hackathon 

LexDAO organized a hackathon to provide feedback on proposed amendments  to the Wyoming DAO LLC Supplement. The team outlined four proposed amendments to address concerns including technology neutrality for regulatory equivalence, human readable governance, operations security, and information privacy (public addresses) for smart contracts. The submission went to the Wyoming Select Committee on Blockchain, Financial Technology and Digital Innovation Technology.  Select Committee Member Matthew Kaufman wrote that he appreciated the submission and that LexDAO “should stay after it because . . . the thoughts are really good.” ⚡⚡  View the full submission here with followup RegTech discussion (issues #11-13). 

Kali

Kali is a software tool that will act as a legal DAO deployer working in conjunction with lawyers and engineers from LexDAO. Kali also allows users to select the entity type they want for their DAOs (social, investment club, or service company) and choose either a Ricardian LLC or uploading their own forms. This week, Kali hit a major milestone and is available for alpha-testing on the Rinkeby Test Network. The UI is still being worked on, but you can play around with it at: test.kalidao.xyz.

Upcoming Events

• Tune in for LexDAO’s next Twitter Spaces on January 27 at 5pm EST!

• If you have access to Westlaw Ed, check out LexDAO’s “Trapped in Charlotte’s Web3” presentation on January 28th at 3pm EST.

  • If you don’t have access, don’t worry! The team will be doing a “dress rehearsal” in Discord on January 26th at 2pm EST.

• EthDenver 2022 is taking place next month, from February 10-19! Several LexDAO members plan to attend. Hope to see you there!

Get Involved!

LexDAO is always looking for new members! If you are interested in the work we are doing:

• Check out our discord and ask some questions! 

• Join our weekly governance calls on Wednesday at 12pm EST (in Discord)!

• When you are ready to join, fill out this form and check out this post for all the information you need to apply. 

Contact me and the rest of the newsletter team on Twitter @2spencer_, @gcattinp, @rhea_sg, @akategibson.