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DAOs, for Musk, must continually be decentralizing in order to avoid power accumulation, which is why the donors and non-profit organizations who get to vote in the Big Green DOA have term limits, meaning they have to give up their place at the table and be voted back in to
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The ethos of crypto is “power to the people.” That’s usually just theoretical. Abstract. Here, in this one (big green) corner of the world it’s actually happening. There’s now less overhead. Less red tape. Easier applications. More community building. Most importantly, nonprofits are truly controlling where the money goes, something
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Elon has been one of the most outspoken individuals in the cryptocurrency sector, but his brother Kimbal Musk has his own set of beliefs when it comes to the digital asset class. Kimbal stated in an interview with Input Magazine that he is concerned about cryptocurrency’ negative impact on the environment. He
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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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