What is the role of a decentralized autonomous organization in Web3?
DAOs are an intrinsic element of Web3. This guide to DAOs examine how they work and their future in the blockchain space. Go to Source Powered by WPeMatico
DAO
Auto Added by WPeMatico
Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap. … Read more
Journalist alleges Mimo Capital co-founder was behind 2016 exploit of The Dao: Report
“This is yet another example of evidence preserved on the blockchain forever,” said Chainalysis. Go to Source Powered by WPeMatico
Journalist Claims She Identified the 2016 DAO Hacker, Evidence Shows Investigators ‘De-Mixed’ Wasabi Transactions
An article published by journalist Laura Shin, and research stemming from the blockchain surveillance firm Chainalysis, claims to identify the alleged identity of The DAO hacker who drained millions of dollars worth of ethereum from the decentralized autonomous organization on June 17, 2016. Shin’s and Chainalysis’s findings accuse the former Tenx CEO, Toby Hoenisch, of … Read more
FriesDAO scoops up fast food franchises as part of its crypto governance experiment
DAO reps said they want to build on-chain and membership utility around Subway, Domino’s and more. Go to Source Powered by WPeMatico
A DAO Is Attempting to Raise $4 Billion to Purchase the Denver Broncos
A decentralized autonomous organization (DAO) wants to purchase the National Football League (NFL) team the Denver Broncos. The DAO called “Buy the Broncos DAO” (BBD) wants to obtain the NFL team as a community and “put ownership in the hands of the fans.” A Newly Formed DAO Wants to Buy the Denver Broncos Franchise A … Read more
Crypto Biz: JPMorgan enters the metaverse, Marshall Islands legalizes DAOs, Feb. 10-16
In other business news, Fireblocks has acquired First Digital in a deal reportedly worth $100 million and the New York Stock Exchange is pursuing NFT trading. Go to Source Powered by WPeMatico
$53 million raised for Assange showed the power of DAOs
In an exclusive interview with Cointelegraph, AssangeDAO’s core members explain how a decentralized autonomous organization could obtain the release of Julian Assange. Go to Source Powered by WPeMatico
DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become a DAO,” writes KuCoin Labs in its annual report. Go to Source Powered by WPeMatico
Syndicate protocol helps create 450 new DAOs in just three weeks
The milestone in Syndicate’s journey may indicate that DAO governance structure will become more common in blockchain and beyond. Go to Source Powered by WPeMatico
