OHM price is on the verge of a new high after a series of cross platform integrations, fresh bond offerings and the launch of Olympus Pro prove that the project has strong fundamentals.
DAO News
A DAO, or Decentralized Autonomous Organization, is an idea for a firm that is ruled with enforced digital rules and without hierarchical management. DAO as an idea is very close to Bitcoin in its attempt to get rid of all middlemen in transactions.
The most important attempt to create DAO is “The DAO”--a machine-operating venture organization launched in 2016. The basic idea for an interested person was to put money into the system and then get an amount of votes used for elections of ideas worth investing in. Even the biggest critics of DAOs were in love with the idea, but they also found a lot of flaws and security holes in “The DAO”. Although the project failed within a couple of months because of the hack which resulted into hackers gaining control over 3.6 million Ether, it was a big success as a first product of sorts, gathering money from more than 10,000 users. It is likely that we will hear some DAO news soon.
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Innovation in the NFT space moves about as fast as the prices. Here’s a rundown of the most recent developments.
6733Speaking on Bitcoin: “In some ways, the number of critics matters much less than the strength of the supporters.”
12033Mirror opens decentralized blogging to the public, a Bank of America report is bullish on DeFi, and MakerDAO considers climate initiatives.
6054LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market.
12819Crypto advocates remind socially accountable and helpful media platforms are possible with decentralization.
5381Can decentralized autonomous organizations change how the world is governed? Here is a detailed look.
4067"NFTs represent the future of content on blockchains," said Roll co-founder and CEO Bradley Miles.
1891The creator economy is one of the most rapidly developing industries, and decentralized technologies have a chance to unlock its full potential.
12048Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-two solutions, DAOs, NFTs with utility and emerging metaverses.
79565PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation among decentralized autonomous organizations.
2939After a successful fractionalization into DOG tokens, the total implied value of the original Doge meme NFT has gone through the roof.
10810PleasrDAO will offer exposure to the Doge NFT via 16,969,696,969 fractionalized ERC-20 tokens named “$DOG”.
8397Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz.
2832Blockchain provides an opportunity to realign the economics of our global system from a profit-driven to a values-driven ecosystem.
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