There’s a new spat in DAOland that raises interesting questions at the confluence of law and code. To sum it up, Merit Circle, a DAO in the gaming industry, received funding from YGG —a competing platform— as part of their last round. There was an expectation of non-financial value to be contributed by investors, and it is argued YGG hasn’t delivered this part of the deal. As a result, some DAO members are seeking to cancel the agreement and return YGG’s seed investment. While a minority oppo...