THE DAO
The DAO, a decentralized autonomous organization (DAO), works as a decentralized fund management investing in blockchain projects. At first, The DAO will focus on projects related to the sharing economy and Internet-of-Things (IoT) applications of the blockchain โ though the organization said it is interested in exploring other โnew markets unlocked by blockchain technology.โThe DAO is a Decentralized Autonomous Organization (โDAOโ) - more specifically, it is a new breed of human organ... ization never before attempted. The DAO is borne from immutable, unstoppable, and irrefutable computer code, operated entirely by its members, and fueled using ETH which Creates DAO tokens. Several aspects of this structure make it revolutionary: Inclusion: The DAO leverages smart contracts on the Ethereum blockchain so that anyone, anywhere in the world can be empowered to participate. In exchange for their early help, participants receive DAO tokens which hold many benefits. Flexibility: The DAO backs Proposals which it selects for their innovative nature, to be delivered by Contractors. Some of these Proposals could hold no promise of return whatsoever (in the case of a charity for example), others could involve the building of products or services which The DAO could then use for its own purposes. Profitability and Growth: The DAO charges for the use of its the products or services. This revenue is then sent directly to The DAO in the form of ETH. The DAO then has the option to accumulate this ETH to support its growth, or redistribute it to the DAO Token Holders as a reward. Autonomous Governance: The ETH held by The DAO will never be centrally managed. DAO Token Holders are able to vote on important decisions relating to the management of The DAO, including the power to redistribute its ETH amongst themselves. The DAO, represented by smart contracts on the Ethereum blockchain at address 0xbb9bc244d798123fde783fcc1c72d3bb8c189413, intends to back a series of Proposals to create products or services. The DAO Token Holders will then leverage these products or services, or charge others for using them. In June 2016, users exploited a vulnerability in the DAO code to enable them to siphon off one-third of The DAO's funds to a subsidiary account. On 20 July 2016, the Ethereum community decided to hard-fork the Ethereum blockchain to restore virtually all funds to the original contract. This was controversial and led to a fork in Ethereum, where the original unforked blockchain was maintained as Ethereum Classic, thus breaking Ethereum into two separate active blockchains, each with its own cryptocurrency. The DAO was delisted from trading on major exchanges such as Poloniex and Kraken in late 2016.
THE DAO
Industry:
Business Development Business Information Systems Cryptocurrency FinTech Information Technology Internet Software
Founded:
2016-01-01
Address:
London, England, United Kingdom
Country:
United Kingdom
Website Url:
http://www.daohub.org
Status:
Active
Total Funding:
163 M USD
Technology used in webpage:
SPF Domain Not Resolving Japanese Yen Express Namecheap DNS Namecheap Hosting Namecheap
Current Advisors List
Official Site Inspections
http://www.daohub.org
- Host name: 192.64.119.166
- IP address: 192.64.119.166
- Location: Los Angeles United States
- Latitude: 34.0318
- Longitude: -118.4252
- Metro Code: 803
- Timezone: America/Los_Angeles
- Postal: 90064
More informations about "The DAO"
DaoHub - Org Chart, Teams, Culture & Jobs - The Org
View DaoHub's up-to-date org chart, open roles, and culture details. Find executives, board members, teams, related companies, and more. Log in. Sign up. DaoHub. Track. Join to edit. โฆSee details»
Daohub
See Everything Resource Monitoring. Daohub knows which resources are present and what changes take place with every transaction. Resources are abstracted as files, and include โฆSee details»
About Us - Daohub
About Daohub Cut costs for auditing and develop secure smart contracts that scale. Daohub is an open-source operating system for smart contracts that provides complete system โฆSee details»
DAOhub - Crunchbase Company Profile & Funding
DAOhub offers AI-powered tools to help decentralized organizations increase their voter turnout and manage their data effectively.See details»
DaoHub - Crunchbase Company Profile & Funding
Daohub is an open-source operating system for smart contracts that provides complete system introspection, deep resource isolation, and visibility across the entire state in real time.See details»
TheDAO/DAOhub - GitHub
Daohub is an open-source organization. Daohub will leverage a close relationship with the slock.it DAO, and build an initial product offering with the needs of the slock.it DAO in mind. In due โฆSee details»
Daohub.org gets a facelift, full scope of The DAO is revealed
Apr 21, 2016 Daohub.org is demonstrating its desire to act ethically as well as its true commitment to real decentralization. Mobotiq is considering submitting a Proposal to the DAO โฆSee details»
DAOhub Review: Explore Features to Create, Customize, and โฆ
It provides a secure environment to securely manage funds, ensuring transparency and accountability within the organization. - Developers and blockchain enthusiasts: DAOhub is an โฆSee details»
Who or what is DAOhub.org? - must read article from the ... - Reddit
Dive in at ethereum.org. Coins. 0 coins. Premium Powerups Explore Gaming. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: โฆSee details»
DAOhub | Tool Information & Alternatives | Foundr.AI
With features like proposal notifications and a ChatGPT-powered search bar, DAOHub offers everything you need to help your organization reach its goals. Check out some of our other โฆSee details»
Get Daohub.org news - DAObase - Feedreader
Read Daohub.org news digest here: view the latest Daohub articles and content updates right away or get to their most visited pages.Daohub.org belongs to a large group of moderately โฆSee details»
DAOhub-DAO organization-Artificial intelligence-Data analysis โฆ
DAOhub is an AI-driven platform designed to assist DAO organizations in making more informed decisions. The platform offers tools such as data analytics, proposal notifications, and a โฆSee details»
To DAO or not to DAO? - Medium
Dec 13, 2023 Highlighting one organization that we will be doing a deeper dive on later, Akiya Collective is a DAO-like organization based in Japan. Their mission is to transform abandoned โฆSee details»
DAOs explained: are the organizations of tomorrow already here?
Decentralized autonomous organizations are fast becoming the favored governance model of the crypto-native. From decentralized finance protocols to collectors of digital artwork and legal โฆSee details»
DAO mechanisms - The DAO - Confluence
Jun 16, 2016 During the initial creation phase where 'The DAO' is funded via ETH, new DAO tokens have been created. Each DAO token holder (a.k.a. DAOTH) is granted voting rights โฆSee details»
How to Start a DAO, the Right Way - joinorigami.com
DAO stands for decentralized autonomous organization. Ben, how would you describe them. Ben: DAOs are a community of people who come together and share power through the use of a โฆSee details»
GitHub - FelixA/DAOhub: DAOhub is a place to discuss about all ...
DAOhub is a place to discuss about all different kinds of DAOs and related stuff - FelixA/DAOhubSee details»
DAO Association - Internet Native Organization (INO)
Join as an Organization โ. All Individual Membership benefits for a designated representative; Your organization's logo featured on our website ; 3 hours of complimentary consultancy per โฆSee details»
3AO | National Institute for Research in Agriculture, Food and the ...
As the leading research organization specializing in its three scientific fields, INRAE, the National Research Institute for Agriculture, Food and the Environment, contributes to meeting these โฆSee details»
3AO | home
3AOHUB innove en proposant un réseau interactif des acteurs, projets et resources. La plate forme 3AOHUB rassemble. 170 Acteurs. 143 Projets. 18 Documents. 10 Vidéos. Agenda. โฆSee details»