BitDAO: What You Need to Know About the Investment DAO with Billions in Assets
Blog iconMolly
May 26
Decentralized autonomous organizations (DAOs) have been generating a lot of noise lately. Collector DAOs like FlamingoDAO are buying NFTs from blue-chip projects like Bored Ape Yacht Club and Crypto Punks. ConstitutionDAO raised almost $47 million in order to buy a copy of the US constitution. It was minutes away from succeeding before being outbid by a billionaire. These DAOs showed how quickly people on the Internet can align and organize themselves, and self-govern for a common purpose. Th...

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