# Decentralizing Organizations: From DAOs to LAOs – Aaron Wright

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2020-10-09
- Duration: 20:50
- Topics: Aaron Wright, Open Law, ETHDenver, Ethereum, DAO, LAO, decentralization, Cryptocurrency, Crypto, Blockchain, Blockchain technology, Bitcoin, Decentralized finance, DeFi, Hackathon, Smart Contracts, Social Impact, Decentralization, Privacy, Identity, Token Economics, Crypto Education, Blockchain Education, Blockchain for Good, ETHDenver BUIDLathon, ETHDenver hackathon, Ethereum Denver, ETHDenver 2020, Ethereum hackathon, Ethereum Denver hackathon, #BeABufficorn, #imapegabufficorn, Web3, Science & Technology
- Watch: https://streameth.org/watch/yt-Kbl5rxTr0QE
- YouTube: https://www.youtube.com/watch?v=Kbl5rxTr0QE

## Description

This talk is from ETHDenver, the world’s largest Web3 BUIDLathon and Community Gathering. ETHDenver’s content is crypto and blockchain focused. 

Subscribe to our channel to learn more + connect on Twitter: https://twitter.com/EthereumDenver. 

Speaker: Aaron Wright of Open Law

Abstract: DAOs will disrupt venture capital powering a permissionless, global and accessible Silicon Valley.  The LAO can enable anyone in the world to engage in venture financing while taking care of well-incentivized governance systems for the limited decisions that still require the exercise of human discretion.

Much like how Coinbase helped bring the trading of traditional assets to millions by attempting to comply with various legal requirements, our new initiative “The LAO” will help to resurrect the initial vision of The DAO in a manner that comports with U.S. law.
This is the natural pathway and vision of Ethereum.  We saw in 2016, The DAO, which unfortunately experienced a hack and ran afoul to U.S. securities laws. The LAO is resurrecting that vision and breathing new life into DAOs, with The LAO, a limited liability autonomous organization.

This talk was recorded Saturday, February 15, 2020.

ETHDenver 2020’s content themes included DeFi; DAOs and Token Engineering (TE); Gaming and Usability; Protocols and Interoperability; and Public Good and Social Impact. 

Industry experts also weighed in on topics like decentralization, privacy, identity, non-fungible tokens, scaling, governance, diversity, and arts and culture in blockchain technology.

The 2020 event was February 14-16 in Denver, Colorado and hosted 2000+ blockchain enthusiasts, developers and community members from 50 countries and 50 U.S. states.

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