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The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement. Free Ross Decentralized Autonomous Organization Wins Ross Ulbricht’s
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“In the physical world we live, governance is often subject to one or many central authorities. The real-world rules of governance have given rise to a strict, clear-cut hierarchy. As crypto technologies advance and creating a series of ecosystems, we developed a new approach: a free, equal, and open DAO
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Yes, it’s a Ponzi scheme. But who cares? So are the dollars in your pocket.If you haven’t heard about it, Olympus DAO is a decentralized finance (DeFi) protocol whose primary use case seems to be “making people extremely angry.” Skeptics argue that its core functionality – a staking scheme currently
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0x protocol and Celo blockchain have announced a joint partnership to allocate $4.5 million — consisting of $3 million CELO and $1.5 million ZRX — towards the growth of 0x’s ecosystem via its community-centric decentralized autonomous organization (DAO).The news follows an agreement penned in mid-November between the two firms to
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“Crypto in and of itself represents access. It represents freedom. It represents inclusion and digital social justice.”“On Purpose” host Tyrone Ross returns from a Thanksgiving holiday to provide an introduction to the macro landscape in the Registered Advisor (RA) industry. As the emerging crypto industry continues to increase its relevance
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A decentralized finance (DeFi) mainstay is the latest to fall victim to a hack, with $10 million in various cryptocurrencies being stolen from the BadgerDAO yield vault protocol.Users first reported possible problems in the protocol’s Discord at 9 pm EST Wednesday night.Current speculation in community channels is that the hack
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On the heels of a $40 million experiment that caught mainstream media attention, decentralized autonomous organizations (DAOs) are taking another step into mass consciousness today as Kimbal Musk – the billionaire Tesla board member and brother of fellow entrepreneur Elon Musk – is announcing the opening of membership applications for
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Mean DAO has raised a $3.5 million funding round to boost Solana’s decentralized finance (DeFi) ecosystem with a protocol for money streaming, a service that automates payment and banking workflows and allows for flexible payment schedules.The project announced the funding round on Monday, led by Three Arrows Capital, SoftBank and
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Snapshot, a key piece of tooling for decentralized autonomous organizations (DAOs), has taken a step forward today, raising $4 million to expand operations.The DAO voting portal announced the funding round on Friday. It was led by investment fund 1kx and included participation from The LAO, MetaCartel Ventures, Gnosis, StarkWare, Coinbase
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Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun
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