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Providing Regulatory Clarity
In the Blockchain Industry

What is WACEO?

We are a non-profit organization tasked with helping blockchain organizations be legally compliant in the ever-changing regulatory landscape.

In addition, we help these Decentralized Autonomous Organizations (DAOs) with any business-related service they might need (legal work, accounting services, business planning, etc) by connecting them with our WACEO Service Providers.

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What is a Decentralized Autonomous Organization (DAO)?

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  • DAOs are blockchain-based structures, which are a new way to organize people with a common goal, regardless of whether it’s commercial, non-profit, activist, etc.

  • Decentralized decision-making enables people to tackle the world’s problems in an entirely different way than a top-down structure.

  • The applications for DAOs are endless and they will likely be used in all industries to some capacity in the decades to come.

We help you structure a DAO with the functionalities you want while remaining legally compliant

Our Services

We offer two layers of services, one is provided by the Core WACEO team, and the other by the WACEO Service Providers and wider community:

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Audit

Providing legal and regulatory audits to stakeholders during the formation and management of blockchain projects.

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Agency Services

Providing legal agency services to unincorporated DAOs contracting with Service Providers.

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Supervision

Providing supervisory support to stakeholders in the form of contracts, policies and procedures.

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Training

Providing training and consultation to stakeholders that wish to utilize and understand decentralized financial services including asset tokenization, DeFi, NFTs and CBDCs.

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Arbitration

 If the involved parties consent to our third-party neutral judgements, we can also issue resolutions to disputes that arise within DAOs.

WACEO Service Providers

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Legal Work

Providing legal and regulatory audits to stakeholders during the formation and management of blockchain projects.

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Technical Legal Work

 If you need to deploy and build smart contracts, our tech lawyer associates would be happy to help with those matters.

Accountancy Services
Accountancy Services

As a legal entity, DAOs are liable to pay tax and plan their finances, as any company is already required to do. Hence our accountants can help you address those issues.

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Business Services

Whether it’s marketing, business development, notary services, or any other need that a large organization might have, we are certainly able to help.

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Why is WACEO Necessary?

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Blockchain-based entities, DAOs, are a relatively novel type of structure, especially from a legal standpoint. As such, the industry as a whole has an unclear official standing - some DAOs accidentally get classified as partnerships and might make all members liable for debts or crimes committed by a single user.

Given that the regulatory framework is still in development, and the decentralized nature of these organizations means they cover all jurisdictions in the world, WACEO was initiated to help DAOs synthesise a set of best practices and structures to be in good standing with the law.

In addition, we pool the resources and expertise of all WACEO members to help lobby with regulators and lawmakers for the industry we deserve.

Blockchain-based entities, DAOs, are a relatively novel type of structure, especially from a legal standpoint. As such, the industry as a whole has an unclear official standing - some DAOs accidentally get classified as partnerships and might make all members liable for debts or crimes committed by a single user.

Become a Member DAO

Become a Member Service Provider