DAO
It also is known as the digital decentralized autonomous organization (DAO). The DAO served as a form of investor-directed venture capital fund that seeks to provide the enterprise with new decentralized business models. Built on the Ethereum blockchain, The DAO’s code was open-source. The organization set the record for most crowdfunded projects in 2016, however, those funds were partially stolen by hackers cause an Ethereum hard-fork that created Ethereum Classic.
The Future of DAOs Takes Center Stage in Tel Aviv
The DAOVOZ collective is excited to announce the inaugural DAOVOZ Tel Aviv event on February 8th, as part of the festivities surrounding ETH TLV and Building Blocks. This event will focus on the needs of builders in the DAO space and provide clarity on emerging best-practices for decentralized autonomous organizations that want to build with sustainable success in mind.
Prime Minister of Japan Fumio Kishida Comes Out in Support
On Feb. 1, Prime Minister Fumio Kishida addressed the House Budget Committee on DAOs, NFTs, and Web3.
Web3 Hackathon on Astar sponsored by Toyota Motor Corporation
Toyota Motor Corporation, Japan’s largest conglomerate with over 330,000 employees worldwide, is sponsoring its first ever global Web3 hackathon. It has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees.
Koris: A Smart Contract-Based Platform
Koris provides an end-to-end operational framework for DAOs to administer communities. On Jan. 17, the WEF released a toolbox supporting DAOs.
Missing lawsuit response date, Ooki DAO faces default judgment.
The CFTC is seeking a default judgment against Ooki DAO. DAO missed the lawsuit response deadline. The record of default will show that the DAO did not appear in court. The court issues a default judgment if the defendant fails to defend a case.
Twenty-Two Highlights from TRON’s Historic 2022
For TRON DAO, 2022 was a year of historic growth. Here are 22 highlights from the fastest growing public blockchain’s record year
TRON Academy Announces 7 New Partners and New Activations
TRON DAO recently launched The TRON Academy initiative to empower young blockchain enthusiasts from top-tier universities around the world. Creators are being welcomed to take advantage of early-stage development opportunities in the TRON ecosystem. Partnerships have been developed with existing blockchain clubs, and coaching support is available for students interested in establishing new clubs on their campuses.
Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks
Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale. The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60% SOLD OUT.
First US DAO to battle SEC without lawyers
In its 2021 SEC filing, the DAO listed its native, interdependent tokens — the stablecoin Ducat and governance token Locke. The regulator has started the process of issuing a stop order, citing a slew of issues with the registration. American CryptoFed plans to file a motion to extend the deadline for responding to the SEC's Order Instituting Administrative Proceedings.
ApeCoin DAO Signs Off on a $4.4M Bug Bounty
ApeCoin DAO has agreed to launch a $4.4M bug bounty on ImmuneFi
Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization.
Mythical Games Unveils Mythos Foundation DAO, Mythos Token to Democratize Web3 Gaming
Mythical Games enlisted 22 partner companies and several big-name advisors in an effort to bring decentralization to Web3 gaming through the launch of the foundation and the token.
Ooki DAO Seeks Legal Defence against CFTC Drawing on Community Support
With the lawsuit from the CFTC now filed, the DAO has opened a public forum for discussion such that its members will explore the best avenues to respond to the lawsuit.
CFTC Files First Lawsuit Against DAO
The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO).
Metaverse Giants Collaborate to Form DAO Metaverse Alliance
Metaverse developers have collaborated to form the DAO Metaverse called "Open Metaverse Alliance for Web3" (OMA3), aiming to provide enterprises with new decentralized business models.