DAO News

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. 

Opinion
The secret to building a successful decentralized autonomous organization: Decred project lead shares four lessons in de-leadership.
Secrets They Missed at DevCon: What It’s Really Like in a Working DAO
Jake Yocom-Piatt
2019-11-19T12:52:00+00:00
2632
News
Known as Multi-Collateral Dai , the new type of the Dai will be backed by several types of collateral in contrast to the existing Single-Collateral Dai.
Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
Helen Partz
2019-11-18T13:13:00+00:00
2717
Local News
Joseph Lubin said that BTC and ETH are the only two successful coins in Cointelegraph’s weekly digest of news from Japan.
Crypto and Blockchain News From Japan: Oct. 7–13 in Review
Helen Partz
2019-10-13T20:40:00+01:00
3243
News
The Maker Foundation’s CEO reveals that its Multi-Collateral Dai system will be ready to launch on Nov. 18.
Maker Foundation’s Multi-Collateral Dai to Launch on Nov. 18
Marie Huillet
2019-10-09T12:22:00+01:00
2197
News
Huobi Wallet has added MakerDAO’s various offerings to its list of supported assets and services.
Huobi Wallet to Support MakerDAO Tokens, Decentralized Applications
Max Boddy
2019-08-20T00:25:00+01:00
2283
News
Monolith Visa debit card can now be loaded with tokens from Digix and MakerDAO.
Digix and MakerDAO Tokens Now Loadable Onto Monolith Visa Debit Card
Jack Martin
2019-08-16T18:02:00+01:00
3075
News
The director of the Web3 Foundation has resigned, and says he will be gradually leaving Web3 to pursue work on DAOs.
Web3 Foundation Director Resigns to Pursue DAO Projects
Max Boddy
2019-08-06T00:20:00+01:00
3248
News
Veil, an Ethereum-based predictions platform using the Augur marketplace, has shut down.
Ethereum-Based Augur Enhancement App Veil Closes Up Shop
Max Boddy
2019-07-13T00:05:00+01:00
10954

Follow us on Facebook