DAO
It also is known as the digital decentralized autonomous organization (DAO). The DAO served as a form of investor-directed venture capital fund that seeks to provide the enterprise with new decentralized business models. Built on the Ethereum blockchain, The DAO’s code was open-source. The organization set the record for most crowdfunded projects in 2016, however, those funds were partially stolen by hackers cause an Ethereum hard-fork that created Ethereum Classic.
Mantle Core Proposes $200M Fund for Web3 Startups
Mantle Core has submitted a proposal to create a $200 million fund for early-stage Web3 startups, aiming to boost adoption of its Ethereum layer-2 network, Mantle, among developers and Dapps. BitDAO's treasury would provide $100 million in USD Coin, while another $100 million would come from external matching capital from strategic venture partners. The Mantle EcoFund and venture partners will participate in projects with a 1:1 co-investment ratio, targeting Web3 startups raising pre-seed, seed, and series A rounds.
Oasis.app and Jump Crypto Retrieve $225 Million in Crypto
The hacker's vaults show that Oasis sent 120,695 wstETH and 3,213 rETH to Jump Crypto on February 21.
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem
MakerDAO is voting on adding a commercial bank.
LidoDAO is considering selling or staking its $30 million
LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases.
The DeFi space is on a path of steady recovery as good actors
Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.
Venture capital firm Andreessen Horowitz voted against a Uniswap proposal
Andreessen Horowitz (a16z) opposed a final plan to instal Uniswap V3 on the BNB Chain utilising the Wormhole bridge.
The Future of DAOs Takes Center Stage in Tel Aviv
The DAOVOZ collective is excited to announce the inaugural DAOVOZ Tel Aviv event on February 8th, as part of the festivities surrounding ETH TLV and Building Blocks. This event will focus on the needs of builders in the DAO space and provide clarity on emerging best-practices for decentralized autonomous organizations that want to build with sustainable success in mind.
Prime Minister of Japan Fumio Kishida Comes Out in Support
On Feb. 1, Prime Minister Fumio Kishida addressed the House Budget Committee on DAOs, NFTs, and Web3.