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Wyoming’s Blockchain Galt’s Gulch

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the staff of the Ridgewood blog

Ridgewood NJ, Wyoming’s DAO law allows Decentralized Autonomous Organizations to be legally recognized. It recognizes two different types of DAOs: those run by members, and those managed by algorithms. CityDAO has purchased a piece of land in the northwestern corner of Wyoming. The project aims to build a city on the Ethereum blockchain. People can become citizens through the purchase of an NFT.