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. 

News
The crypto influencer and model’s fan club DAO is guided by its core values “Simplicity, Integrity, Meaning, and Purpose,” or SIMP.
IreneDAO NFTs causing a stir on crypto Twitter
Keira Wright
2022-01-18T06:22:07+00:00
7214
News
It's the latest addition to a series of crypto-crowdfunding campaigns to receive increased spectator scrutiny.
Crypto DAO spends €2.66M on Jodorowsky's Dune thinking they would own its copyright, receives mass ridicule on Twitter
Zhiyuan Sun
2022-01-17T17:45:00+00:00
11385
News
The carbon offset accumulating DAO on Polygon has rapidly increased the amount of offsets it has in its treasury by increasing spending and diversifying its sou...
KlimaDAO increases carbon offset stash by 50% in two months
Brian Newar
2022-01-12T05:47:36+00:00
5552
New Year Special
Last year, the crypto community demonstrated its capacity to fight for a good cause, raise money and mobilize political support.
ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021
David Attlee
2022-01-08T15:07:00+00:00
6695
Sponsored
Freelancers have long been suffering from demanding clients and unfair treatment. This company is building a platform to provide fair treatment.
Decentralized freelancing platform goes live, aims to rebuild the workforce industry
Max Moeller
2022-01-07T12:00:00+00:00
9132
News
Par for the course: The LinksDAO golfing startup could drive DAO adoption at the country club.
Golf startup putts $10.5 million in NFT sales
Joseph Hall
2022-01-05T11:52:36+00:00
3124
Sponsored
Low-interest rates are making the switch from traditional savings accounts to DeFi more compelling than ever before.
DeFi platform releases first decentralized stablecoin revenue aggregator
Sarah Jansen
2022-01-03T14:50:00+00:00
17475
News
The gaming DAO includes a guild of over 40,000 players and 3,000 scholars across Indonesia and the Philippines.
40,000-member players guild raises $6M to make P2E gaming easier
Keira Wright
2022-01-03T04:58:20+00:00
8320

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