Hacker News new | ask | show | jobs
by houston_Euler 1175 days ago
IANAL, but I believe it means that the company can't be headquartered somewhere else.
1 comments

In terms of a pure DAO though that's a weirdly nebulous distinction. Before incorporation they're nowhere legally speaking, there's not a single physical location it's operating out of.

Maybe like others have said it's mostly about otherwise extant orgs not being able to register.