decentralized autonomous organizations

Securities Regulators’ Association Calls for the Identification of Individuals Who Exercise Control Over Defi Platforms

December 27, 2023

The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise level.” The identification of such individuals potentially enables regulators to pinpoint “existing or potential regulatory touchpoints.” Understanding the Defi Arrangement at the ‘Economic Reality’ Level The…
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DAOs can become a disaster more quickly than you think

April 13, 2023

Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning. As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away…
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Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund

March 17, 2023

The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent. While global blockchain funding has been on a decline over the past year, Echovc founder Eghosa Omoigui claimed that investing now enables the VC to get in “at lower entry valuations on average than in…
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UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’

November 19, 2022

The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K. is “leading the way in thinking and developing the law and other institutions…
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Waves founder: DAOs will never work without fixing governance

September 18, 2022

Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models. Decentralized Autonomous Organizations (DAOs) have been heralded as the future of governance, unlocking a more egalitarian approach to decision-making. However, decentralizing leadership isn’t a magical solution that instantly leads to better results.…
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Ethereum Community Conference 5: How can DAOs combat hostile takeovers?

July 19, 2022

Web3 advisor Hilary Kivitz discussed countermeasures that DAOs can employ against hostile takeovers during her talk at the EthCC 5. At the Ethereum Community Conference 5 in Paris, France, a presenter explored decentralized autonomous organizations (DAO) and what countermeasures they could employ against hostile takeovers. Hilary Kivitz, a Web3 advisor and former partner at a16z…
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Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

June 10, 2022

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion…
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The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities

February 17, 2022

The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated in the country. DAOs Will Be Allowed to Register as Legal Entities The Republic of the Marshall Islands (RMI) has said it will allow decentralized…
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Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

December 30, 2021

A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas…
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PrimeDAO raises $2M to build cooperative platform for DAOs

September 15, 2021

PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation between decentralized autonomous organizations. PrimeDAO, a project seeking to facilitate greater coordination and cooperation between decentralized autonomous organizations (DAOs) in the DeFi sector, has secured $2 million in seed funding. According to an announcement shared with Cointelegraph,…
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Category: decentralized autonomous organizations