The co-founder of Lifespan.io is harnessing the power of decentralization to support cutting-edge scientific and technological discoveries.
A DAO, or Decentralized Autonomous Organization, is an idea for a firm that is ruled with enforced digital rules and without hierarchical management. DAO as an idea is very close to Bitcoin in its attempt to get rid of all middlemen in transactions.
The most important attempt to create DAO is “The DAO”--a machine-operating venture organization launched in 2016. The basic idea for an interested person was to put money into the system and then get an amount of votes used for elections of ideas worth investing in. Even the biggest critics of DAOs were in love with the idea, but they also found a lot of flaws and security holes in “The DAO”. Although the project failed within a couple of months because of the hack which resulted into hackers gaining control over 3.6 million Ether, it was a big success as a first product of sorts, gathering money from more than 10,000 users. It is likely that we will hear some DAO news soon.
The project aims to help decentralized autonomous companies by providing an operating system that integrates various tools for governance and management.5894
The World Economic Forum’s “Decentralized Autonomous Organization Toolkit” is the fruit of the labor of over 100 experts in a concise discussion format.3672
DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain.4
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.11878
The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.8764
“VR has always been part of Decentraland’s vision,” a developer working on the platform’s VR client told Cointelegraph.10297
Sports leagues are showing interest in DAOs, NFTs and the metaverse, but challenges may hamper adoption.2799
TheCaféDAO and TheLaborDAO sit down with The Agenda to discuss how decentralized autonomous organizations can revolutionize the fight for workers’ rights.1431
The law enables legal entities registered in the country to formally adopt DAO structures and governance tools.5306
There's still plenty of room for innovation, according to Ethereum co-founder Vitalik Buterin.28319
Amidst the Web3 revolution, the importance of blockchain in Web3 lies in offering a universal state layer to build the decentralized Web.146
The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”6255
A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group.16018
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.4944