Analysts Urge Investors to Deal Cautiously With AssangeDAO’s
Analysts at SlowMist have urged investors to deal cautiously with AssangeDAO following recent fund transfers and inquiries about fund destinations. When a 100 Ether transaction from AssangeDAO’s address went to a recipient who appeared to be connected to the decentralized autonomous organization on March 10, analysts at SlowMist became concerned about a potential “soft rug […]
Decentralized Organizations: The New Way of Working in Web3
Web3, characterized by decentralized technologies like blockchain, smart contracts, and distributed ledger systems, fosters a new era of collaboration and autonomy. This article explores the concept of decentralized organizations’ principles, advantages, challenges, and the transformative impact they bring to the traditional work structure. Understanding Decentralized Organizations Decentralized organizations are entities designed to operate without a […]
LOVE-001 Looks Uncertain After MakerDAO Rejection
MakerDAO finally rejected a proposal to create LOVE-001 with 60.17% votes against and 38.28% of votes in favor MakerDAO votes against creation of LOVE-001 MakerDAO decided today against establishing an oversight group whose job it would have been to inform MKR owners about the nuances of upcoming proposals. A proposal to substantially alter the governing […]
Former Polychain partner Tekin Salimi launches $125M crypto venture fund
Tekin Salimi, a former general partner at Polychain Capital, has formed a new blockchain-focused investment fund that will be converted into a founder-owned decentralized autonomous organization (DAO). The fund will invest in blockchain projects, DeFi, gaming, and NFTs. The $125 million fund, dubbed “dao5”, will invest in pre-seed and seed-stage blockchain and cryptocurrency startups . […]
Ex Domino’s Pizza President Joins FriesDAO Board
Kory Spiroff, the ex president of Domino’s Pizza, has joined the advisory board of FriesDAO, a decentralized autonomous organization that was set up to make it easier for people to get into the fast food industry. Spiroff’s role on the advisory board To help the organization reach its goal of making real-world operations based on blockchain […]