The MIDAO Story
From a visionary idea to the premier global jurisdiction for Web3, DAOs, and AI Agents. Discover how the Marshall Islands became the most advanced legal framework for decentralized organizations.
Marshall Islands in WWII
The Marshall Islands played a crucial role during World War II, setting the stage for its future as a strategic Pacific jurisdiction.
IRI Shipping Registry Founded
The International Registries, Inc. (IRI) shipping registry was established, beginning the Marshall Islands' journey as a premier maritime jurisdiction.
Independence from USA
The Republic of the Marshall Islands gained independence, establishing its sovereignty while maintaining strategic ties with the United States.
SOV Cryptocurrency Initiative
The Marshall Islands launched an ambitious national cryptocurrency project called SOV, demonstrating early blockchain adoption.
Visionary Discussions Begin
Strategic brainstorming sessions with RMI senators and leaders explored new opportunities for blockchain-friendly legislation.
DAO Law Concept Born
Mark Lurie recognized the lack of adequate DAO incorporation options and connected leading DAO expert Adam Miller with RMI leadership.
Non-Profit Entities Act Amendment
The first groundbreaking DAO-friendly legislation was passed, establishing the foundation for Web3 legal frameworks.
MIDAO Partnership Signed
The official public-private partnership between MIDAO and the Republic of the Marshall Islands was established.
First DAO LLC Registered!
The historic first DAO LLC was successfully registered under the new Marshall Islands framework.
Comprehensive DAO Act Passed
Building on early success, the Marshall Islands passed the comprehensive DAO Act of 2022, expanding legal capabilities.
42 DAO LLCs Milestone
MIDAO reached 42 registered DAO LLCs, demonstrating strong market adoption and validation of the framework.
$1M Seed Funding Round
MIDAO completed a successful $1M seed round from qualified investors including TLTF, Balaji, and FJ Labs.
Over 250 DAO LLCs Registered!
MIDAO has successfully registered over 250 DAO LLCs, establishing itself as the premier destination for Web3 legal structures.