How to set up a DAO or crypto Foundation in the United Arab Emirates 🇦🇪 ?

" Abu Dhabi Global Market (ADGM) launched the world's first framework for Blockchain Foundations and DAOs.

Intending to address our industry's regulatory and operational challenges, the DLT Foundations Regulations provide a legal structure for Blockchain Foundations and DAOs.

The law enables the issuance of tokens and facilitates token governance.

DLT Foundations Regulations allow entities to set up with no bylaws, with a variety of governance methods, including token voting and the use of smart contracts.

IOTA is the first DLT Foundation to set up with ADGM, seeded with $100 million to nurture the IOTA ecosystem and accelerate the growth of the IOTA protocol.

We share the document for you to research too: https://fastly.jsdelivr.net/gh/abncharts/abncharts.public.1/abnasia.org/crypto-adgm-token-dao-1713955988856.pdf "

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