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Cooperatives: The Revolutionary Solution for Compliant Ownership in Web3

As the crypto and blockchain industries continue to grapple with questions of ownership in digital networks, a new solution has emerged that offers numerous advantages: the incorporation of cooperatives into web3 projects. Credit unions, insurance companies, and agricultural producers are just a few examples of organizations that have used this legal structure to operate and organize their businesses. By incorporating cooperatives into their ownership models, web3 projects can increase participation, reduce regulatory risk, and give users a greater sense of control and ownership of the digital networks they use. Furthermore, the US Securities and Exchange Commission (SEC) has consistently ruled that cooperative memberships are not securities, making it easy for cooperatives to distribute ownership and provide important protections to their members.