DAO Financial News

27.03 / 15:59

NFT DEX DApp DAO Power Blockchain ecosystem run by DAO lets users solve tasks to get voting power

Blockchain is the technology that provides the conditions and premises to rethink governance by transferring all the power to communities. This is achieved through various consensus mechanisms available today.

23.03 / 16:21

business Funding Venture Capital DAO Former Polychain GP unveils $125M crypto fund with DAO governance ambitions

Former Polychain Capital general partner Tekin Salimi has launched a new blockchain-focused investment fund that will eventually be converted into a founder-owned decentralized autonomous organization (DAO), offering a novel way for startup leaders to be rewarded for their contributions.

21.03 / 06:55

Blockchain regulation DAO services Australian Australian Senator proposes landmark Digital Services Act

Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for a new Digital Asset ecosystem down under.

17.03 / 05:49

Art Investing DAO DAO Snaps up South Korean Cultural Treasure that Dates Back to Antiquity

A decentralized autonomous organization (DAO) has bought a South Korean national treasure – in what represents a remarkable first for the nation’s culture and crypto sectors.

10.03 / 21:01

business DAO foundation Voting Former ENS director of operations remains at foundation after voting against his own removal

Brantly Millegan will be staying on as the director of the Ethereum Name Service Foundation after casting more than 363,300 votes against a decentralized autonomous organization proposal to remove him.

06.03 / 05:15

business Blockchain Technology DAO The post-consortia era: How enterprises are embracing Web3 structures

Now that the initial hype surrounding blockchain applications and the prolonged blockchain “winter” that followed are left behind, we now find ourselves in the middle of a “spring” that is helping organizations reimagine how they deliver value. So much so that blockchain is expected to add $1.76 trillion to the global economy by 2030, according to PWC.

04.03 / 00:05

business Ban DAO Voting Former ENS director of operations may remain at foundation after voting against his own removal

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.

03.03 / 12:13

NFT movie security DAO Exploit Nifty News: Marketplace exploit on Smol Brains, NFT for trees, and Metaverse movies

Reports emerged on Mar. 3 of an exploit discovered on the TreasureDAO Marketplace NFT trading platform that allows a user to buy items at zero cost no matter the listing price or floor price of the collection.

02.03 / 23:01

Blockchain NFT defi DAO Radio Caca wants to ‘return the Metaverse to people’ by partnering with university students

Radio Caca (RACA) is a decentralized autonomous organization, or DAO, that has partnered with top global universities to build a metaverse for students to study and play. Its blockchain ecosystem, powered by its native token RACA, consists of the United States of Mars (USM) metaverse, a nonfungible token, or NFT, marketplace and a play-to-earn, or P2E, game called Metamon. Cointelegraph spoke to the RACA team about its plans for user growth within the DeFi, NFT and P2E game spaces.

02.03 / 16:17

Blockchain NFT Metaverse DAO Standard Professional gaming guild and metaverse DAO set standard for the cryptocurrency space

The metaverse still sounds like a concept straight out of a science fiction novel to many. But many are shaping the development of this online realm without even knowing it, through their participation in immersive video games like Fortnite.

01.03 / 08:43

cryptocurrency DAO Crypto Exchange Ukraine, DAO's fundraising via cryptos cheers enthusiasts

Ukraine, fundraising via crypto assets has emerged as a key route to show support for those who are in dire need of help. After posting appeals on social media for donations of bitcoin and other digital tokens, Ukraine's government has raised almost $8 million in cryptocurrencies. Ukraine's official Twitter account made the appeal for cryptocurrency donations on Saturday following the country's invasion by Russia, posting digital wallets addresses for tokens including bitcoin and ether.

24.02 / 12:01

Blockchain NFT DAO Project releases an exclusive NFT collection associated with physical works of art from Salvador Dali and Pablo Picasso

There are now more art collectors than ever before, who are coincidentally the wealthiest in history. The result is a global industry, defined by luxury and attracting only the ultra-rich to compete for a select few brand-name artists. However, art is much more than a luxury good; it can be an investment with little research. Hence why most high-end art purchasers buy with the intent that their pieces will rise in value. Unfortunately, owning a work of art at this caliber is not realistic for the everyday buyer.

22.02 / 05:29

NFTS Metaverse DAO Asgard launches DAO to bring Metaverse, DeFi & NFTs under one roof

Asgard, a decentralized currency reserve protocol, has announced the launch of Decentralized autonomous organization (DAO) that will attempt to bring metaverse, DeFi and NFTs under one roof. A decentralized autonomous organization or DAO is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government. Asgard is focusing on providing a holistic platform to the users where they can have access to all the elements of metaverse at once with ease.

22.02 / 00:45

business Blockchain Food DAO FriesDAO scoops up fast food franchises as part of its crypto governance experiment

A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and Bill Lee about their mission to be a "part of something that will connect crypto and virtual ownership to real-world assets.”

21.02 / 14:29

Ethereum Sport Investing DAO DAO Rallies To Collect USD 4B For Denver Broncos Buy

A decentralized autonomous organization (DAO) has been established with the aim to pool some USD 4bn and buy the Denver Broncos franchise of the US National Football League (NFL).

21.02 / 08:53

business defi Sport DAO Former Cisco employee launches DAO to buy Denver Broncos

A new decentralized autonomous organization (DAO) has been formed to raise money in an effort to purchase the Denver Broncos U.S. National Football League team for around $4 billion.

18.02 / 13:47

defi regulation Decentralization DAO regulatory DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report

KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a significant trend in the crypto industry in 2022 and governance will be run through decentralized autonomous organizations (DAOs).

17.02 / 07:01

Blockchain Adoption Investments DAO Syndicate protocol helps create 450 new DAOs in just three weeks

Blockchain-based investing protocol Syndicate claims that 10% of all decentralized autonomous organizations (DAO) in existence have been created on its platform in less than three weeks of operation.

15.02 / 20:20

business DAO IMF Marshall Islands officially recognizes DAOs as legal entities

The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed blockchain projects formal recognition on the global stage.

11.02 / 11:51

Ethereum defi hacks DAO BUG Exploit Bunny and Qubit turns to DAO following $80 million bug exploit

The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO).

10.02 / 12:01

Art NFT Non-fungible tokens DAO AssangeDAO Wins the Bid for Pak's Clock NFT for USD 53M

AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange.

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