RECOMMENDATIONS FOR POLICYMAKERS

These equitable platforms can only realize their potential if policymakers and regulators support them with updated legal frameworks and access to capital similar to their corporate competitors. In order to do this, we recommend that policymakers:

• Increase access to capital for co-ops through public infrastructure and debt financing as proposed by the Capital for Cooperatives Act, and beyond, so that they can compete with their corporate counterparts.

• Provide legal clarity for DAOs at state and federal levels through new legislation so that DAO stakeholders can operate with clarity regarding liability, ownership, taxation, and other key considerations, increasing the pace and quality of DAO development.

• Modernize antitrust laws so they can be appropriately enforced against Big Tech companies and employed to protect fair competition.