In this blog, we take a look at the five key features a true Web3 employment partner needs to achieve to provide a complete Web3-native employment solution.

“Work” in Web3 is remote, global, decentralized, flexible, democratized, asynchronous… the list goes on. We throw out all of the norms of the 9-5 and most of the norms of remote working. It’s a new way of working, creating value, and earning a living. In this blog, I want to take a look at a few of the things you need to understand to hire employees legally and fairly in Web3.

The recent release of Part 2 of a16z’s Legal Framework for DAOs, focussing specifically on the features of different legal entity structures, has many in our community asking; “What impact do legal structures have on employment in Web3. 

DAOs have a ‘liability problem’. In fact, they have a number of liability problems. And these problems have serious repercussions on how a DAO can compliantly provide legal and fair employment and compensation. DAOs should be free to design any contributor compensation structure which fits the mission but shouldn’t need to solve the regulatory and legal hurdles associated with those choices.