A16z releases anonymous voting system for Ethereum
The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Go to Source Powered by WPeMatico
daos
Auto Added by WPeMatico
Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana … Read more
Umami Labs founder: DAOs aren’t always the answer
Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning. Go to Source Powered by WPeMatico
OpenAI needs a DAO to manage ChatGPT
A decentralized autonomous organization could help solve concerns over issues including ChatGPT’s political biases and its potential for abuse. Go to Source Powered by WPeMatico
Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Focused Projects
On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will jointly mentor Web3 projects “focused on the utility” of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs). Sony and … Read more
Remote work triggers move to DAOs in the post-pandemic world: Survey
A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group. Go to Source Powered by WPeMatico
DAOs need checks and balances to have better governance
Decentralized autonomous organizations would benefit from greater checks and balances that prevent influential minorities from seizing control. Go to Source Powered by WPeMatico
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) … Read more
DAOs will never work without fixing governance
Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models. Go to Source Powered by WPeMatico
NFTs and intellectual property, explained
When you buy a nonfungible token, do you automatically get intellectual property rights? Well… it’s complicated. Go to Source Powered by WPeMatico
