At this year’s ETHDenver Conference, founder and managing member Dave Rodman teamed up with Charged Particles and Bankless Ventures founder Ben Lakoff in a fireside chat on navigating Web3 safely and successfully.
Starting with the most common misconceptions present with operating in the Web3 space, Dave emphasized the need to tread carefully as the industry heavily interacts with stringent financial regulations and the misunderstanding of the ability to operate completely anonymously. With the current hype around decentralized autonomous organizations (“DAOs“), the two discuss how despite being decentralized, DAOs are not completely seal-tight for protecting against enforcement actions and review some of the necessary precautions to take when forming a Web3 entity.
Watch the full video here for best practices, securities law considerations, and what to prioritize before making the plunge into Web3:
