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“# IreneDAO NFTs causing a stir on crypto Twitter ” The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang. So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the…
“# Crypto DAO spends €2.66M on Jodorowsky’s Dune thinking they would own its copyright, receives mass ridicule on Twitter ” Late Saturday, Spice DAO, a decentralized autonomous organization that owns a copy of an unpublished manuscript of Frank Herbert and Alejandro Jodorowsky’s never-completed film Dune, announced its roadmap going forward. In the tweet, Spice DAO…
“# KlimaDAO increases carbon offset stash by 50% in two months ” Carbon offset protocol KlimaDAO has now accrued over 14 million on-chain carbon offsets and is causing waves in the more traditional carbon offset industry. The aim of KlimaDAO is to acquire as many carbon offsets as it can in order to drive up…
“# ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021 ” From the very beginning of the cryptocurrency movement, the societal potential of Bitcoin (BTC) has been one of the fundamental selling points. The decentralized design of crypto-based systems introduces the possibility of bringing individuals together to work toward shared…
“# Golf startup putts $10.5 million in NFT sales ” No sector of the economy or indeed life is safe from nonfungible tokens (NFTs) or tokenization. Golf is the latest sport to succumb to the lure of NFTs and a round of decentralization thanks to the efforts of LinksDAO. In a sold-out NFT drop, LinksDAO…
“# 40,000 member players guild raises $6M to make P2E gaming easier ” Play It Forward DAO (PIF DAO) has kicked off 2022 by announcing it has raised $6 million from private investors, only six months after launching. The DAO includes a guild of over 40,000 players and 3,000 scholars across the Philippines and Indonesia,…
“# DAOs are the foundation of Web3, the creator economy and the future of work ” Decentralized autonomous organizations (DAOs) started out as a simple concept envisioned as organizations, created by an idea and fueled by developers, that automate business functions and processes by leveraging smart contracts and all the fundamental tenets of blockchain. The…
“# DAO treasuries surged 40X in 2021: DeepDAO ” The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the…
“# Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k ” Volatility is once again the major theme across the cryptocurrency market on Dec. 30 as the price of Bitcoin (BTC) bounced back from an early morning dip below $46,000 with bulls now battling bears for control of support near…
“# DAO aims to raise $5M to resurrect Blockbuster Video ” A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network and turning it into a film studio and streaming platform. Blockbuster Video is an American video rental company founded in 1985 which once had…