Where Is the ‘Jurisdictional Nexus’ of a DAO Typically Considered to Be?
The jurisdictional nexus of a DAO is highly debated. Courts may look to where the core developers are located, where the majority of token holders reside, where the DAO's funds are held, or the jurisdiction specified in any legal wrapper.
Without a legal wrapper, the lack of a clear nexus increases the risk that multiple jurisdictions may claim authority.