If Rockefeller Were a Coder

  title={If Rockefeller Were a Coder},
  author={Carla L. Reyes},
  journal={Social Science Research Network},
  • Carla L. Reyes
  • Published 5 December 2017
  • Business
  • Social Science Research Network
The Ethereum Decentralized Autonomous Organization (“The DAO”), a decentralized, smart contract-based, investment fund with assets of $168 million, spectacularly crashed when one of its members exploited a flaw in the computer code and stole $55 million. In the wake of the exploit, many argued that participants in the DAO could be jointly and severally liable for the loss as partners in a general partnership. Others claimed that the DAO evidenced an entirely new form of business entity, one… 
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