Dogecoin creator Billy Marcus questions the viability and effectiveness of Decentralized Autonomous Organizations (DAOs). Marcus emphasizes the crypto community’s focus on short-term gains and lack of incentive for building sustainable…
Browsing: DAOs
The Uniswap DAO proactively votes on a resolution to allocate UNI tokens held by the Uniswap Foundation to delegates, aiming to boost participation rates. The proposal, evolving to select seven…
Chris Amani initiates community collaboration through funding DAOs. Terra Luna Classic’s USTC proposal was approved, boosting LUNC and USTC prices. In a significant development, GrowthDAO will receive funding on the…
Polygon communities can now establish DAOs in just 10 minutes without writing any code, courtesy of Aragon App. Aragon App allows minting of governance tokens and migration of any ERC-20…
Civilization (CIV) plans to add three new Ryoshi-inspired SHIB tokens liquidity pools to CivFarm. The move along with other bullish developments in the Shiba ecosystem could skyrocket the price of…
NTT Docomo has confirmed that it will be investing $5 billion in Web3 technologies over the next 5-6 years. Astar Network CEO is confident that Web3 and related technologies are…
The Chainalysis report shows that less than 1 percent of all the holders in DAOs had concentrated more than 90 percent of all the voting power. DAOs are currently facing…
Recent data suggest that DAOs are fast becoming digital companies. There might be a reduction in DAOs’ growth soon. Decentralized autonomous organizations (DAOs) are generally managed using blockchain smart contracts.…