Category: DAO

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Ukraine Crypto Donations Exceed USD 63M

  In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos. Data from blockchain ecosystem security firm SlowMist indicates the largest share of…
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Former ENS director of operations may remain at foundation after voting against his own removal

“We can’t let someone who is bigoted about a marginalized community stay the figurehead of a large web3 organization,” said ENS user healingvisions.eth. Many members of the Ethereum Name Service’s decentralized autonomous organization have voted in favor of allowing recently removed director of operations Brantly Millegan to stay on as the ENS Foundation director. According…
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A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants

The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Creators Dream of a ‘DAO-Governed Fast-Food Franchise Empire’…
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Hack VC Launches $200 Million Crypto Seed Fund

Hack VC, a crypto investment firm, has launched a new $200 million crypto-based seed fund. The venture capital company, which is behind the hack.summit() event, one of the biggest blockchain programming events in the world, aims to invest in early stage Web3-based teams. The idea behind this fund is to accompany these teams each step…
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Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war

The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its civilians and troops. Within the first week of the Russia-Ukraine war, the Ukrainian government has reached out to the crypto community on Twitter for raising funds to support its civilians and troops. Ukraine has now started accepting…
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DAO is the major concept for 2022 that will disrupt many industries

We are still scratching the surface of the enormous possibilities DAOs hold, and many more industries will be disrupted starting this year. The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced.…
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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. DAO startups Given the unconventional administrative structure of a DAO, it’s more likely that new startups will adopt it than existing companies, which would have to spend enormous resources and funds to make…
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Crypto Donations Pour into Ukraine – Here’s How You Can Contribute

  Cryptoassets are proving themselves to be a useful method to raise money for organizations in Ukraine, as banks implement new restrictive measures and at least one fiat-based fundraising service has suspended donations to a Ukrainian non-profit…. Read More: Crypto Donations Pour into Ukraine – Here’s How You Can Contribute  Read more »Pay, Trade, Buy…
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Top Trends at ETHDenver 2022: DAOs, DAOs, Regulation, DeFi, and DAOs

  ETHDenver 2022 has come and gone. Ethereum (ETH)’s annual developer conference took to Denver’s Sports Castle to showcase the latest upcoming projects in the ETH ecosystem and to enable community members to network with each other (and spread coronavirus)…. Read More: Top Trends at ETHDenver 2022: DAOs, DAOs, Regulation, DeFi, and DAOs  Read more…
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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.…
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