X @ShapeShift

Decentralization & Autonomy - ShapeShift transitioned into a DAO, eliminating traditional corporate structure [1] - The DAO operates without a CEO, headquarters, or KYC requirements [1] Regulatory Challenges & Responses - ShapeShift faced significant regulatory pressure six years prior [1] - Instead of succumbing, ShapeShift dissolved its company and became a DAO [1] Core Principles - The report emphasizes the importance of "permissionless" systems in crypto [1]