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Jan 19

Solving the DAO Paradox with ERC404

The current state of DAOs is problematic.The DAOs attempt to achieve decentralization by releasing an ERC20 token which is then used as the voting mechanism and the projects funding mechanism is the biggest contributor to its centralization. ERC20s are great funding mechanisms but releasing an ERC20s as voting mechanism is a horrible idea. DAOs, understandably so, release a tokens to reward early adopters, users, developers, and investors (if any). In an effort to protect the DAO and secure l...

Ethereum for Dummies

Written by
DeFiDaniel.eth

Embark on a journey to explore the world of ERC20 token development along with a cup of coffee to keep you fueled along the way.

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