0x3eefaa9d…9257sent to0xfb4a9654…df57·#18,644,292·view on Etherscan
Several positives here.
1. A legal entity protects DAO members as ccarella already mentioned, we are all liable for all DAO actions according to US court precedent. LLC is a good start for incorporation you can check the options here https://daos.paradigm.xyz/
2. A legal entity is required for sponsorships/partnerships with other entities and opens up a new world of possibilities for Purple to make use of its treasury