Category: DAO

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Silver Linings Abound as Constitution DAO Falls Short in USD 47M Sotheby’s Bid

An audacious attempt to buy one of the few surviving copies of the United States Constitution by a decentralized autonomous organization (DAO) fell short of what would have been a dramatic victory for the crypto space – losing out in an auction at Sotheby’s…. Read More: Silver Linings Abound as Constitution DAO Falls Short in…
Read more

With Over USD 40M Raised, DAO is On the Cusp of Buying a Copy of US Constitution

ConstitutionDAO, a decentralized autonomous organization (DAO) that was formed to pool funds in an effort to bid on a rare, first-edition printed copy of the US Constitution, has raised over USD 40m – two times more than the auction house Sotheby’s upper estimate…. Read More: With Over USD 40M Raised, DAO is On the Cusp…
Read more

$500M blockchain gaming proposal Game7 to come online with backing from industry veterans

The vast majority of the funding will come from BitDAO, one of the fastest growing decentralized treasuries in the world. As outlined in a prepared statement obtained by Cointelegraph, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers worldwide to the blockchain ecosystem. Entities…
Read more

A ‘DAO’ Has Raised Over USD 2.7M to Acquire a Rare Print of US Constitution

A new decentralized autonomous organization (DAO) has been organized to raise funds in an effort to bid on a first-edition printed copy of the US Constitution which will be up for auction at major auction house Sotheby’s on November 18. ConstitutionDAO aims to pool money using an Ethereum (ETH) smart contract and win the bid…
Read more

Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders

The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to the community in order to…
Read more

An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM

In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency backed only by what’s held in the Olympus DAO treasury. OHM may not be…
Read more

Vitalik Buterin shares positive outlook on the establishment of crypto cities

The Ethereum co-founder sees city tokens as important instruments in promoting economic equality, social initiatives and better governance. In a blog post published on Sunday, Ethereum (ETH) co-founder Vitalik Buterin voiced his support for utilizing the cryptocurrency phenomena to serve the interests of local governments and their citizens. Specifically, Buterin discussed the formation of city…
Read more

The NFT Magazine Project Plans to Drop a Periodical in the Form of an NFT on Ethereum

On November 2, a non-fungible token (NFT) magazine is coming to the Ethereum blockchain called “The NFT Magazine” — a periodical publication containing articles and illustrations in the form of an NFT. The project, promoted by Advtech IT Solutions, has partnered with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, alongside Art Rights,…
Read more

Aussie Senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses

The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners. The Senate Committee on Australia as a Technology and Financial Center (ATFC) has just tabled its third and final report in Parliament which has 12 far-reaching recommendations for the regulation of the digital asset and fintech industry…
Read more

Bottom-buying traders and new governance features back KeeperDAO’s 118% rally

New governance features, a robust treasury and increasing community activity catalyzed a strong bullish breakout in ROOK price that has traders setting a target at $345. The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors…
Read more