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
DeepDAO has launched a new interface for examining the health and wealth of the top decentralized organizations in crypto.
The number of active DAOs is up 660% since 2019
Samuel Haig
2020-09-08T02:53:45+01:00
4223
Analysis
Is the rebasing project a useful economic experiment? Some of the crypto A-list says it’s just another scam.
What’s the Deal With Yam Finance?
Andrew Singer
2020-08-21T17:37:00+01:00
12118
News
PornVisory is moving to a decentralized governance structure based on the DFO standard, which allegedly allows greater user influence than DAOs.
Crypto Porn Startup Says Its New Governance System Is Better Than DAOs
Adrian Zmudzinski
2020-08-12T11:18:00+01:00
13693
Sponsored
A network that aims to facilitate the cross-chain movement of assets has launched a decentralized autonomous organization.
As Demand for DeFi Grows, Cross-Chain Network Launches DAO
Connor Blenkinsop
2020-07-31T16:57:00+01:00
9325
News
PlusToken, one of the greatest exit scams in history, defrauded investors of nearly $6 billion, according to latest reports.
27 Key Execs at PlusToken Scam Are Reportedly Arrested
Helen Partz
2020-07-30T12:07:00+01:00
5112
News
Decentralized exchange Curve has attracted record volumes after revealing plans for the retroactive distribution of its forthcoming governance token.
Curve’s Daily Volume Increases 50x in Two Months
Samuel Haig
2020-07-30T05:10:00+01:00
4844
News
According to Pavol Luptak, “cryptocurrencies or crypto markets may undermine government laws and regulations that are obsolete for the 21st digital century.”
Cryptocurrencies Could Undermine Obsolete Laws, Says Cybersecurity Expert
Adrian Zmudzinski
2020-07-22T15:07:00+01:00
2335
News
One Ethereum user’s loss of 40 ETH has prompted community debate surrounding ways to mitigate losses resulting from wallet address typos.
ETH Community Discuss DAO for Reversing Funds Lost to Wrong Addresses
Samuel Haig
2020-05-17T18:00:00+01:00
6726

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