Discover how Flockerz, a DAO-powered meme coin, has raised over $8M in presale. Learn about its vote-to-earn model and limited-time token pricing. Flockerz Presale Reaches $8 Million Ahead of Launch Flockerz (FLOCK), a DAO-powered meme coin, has captured significant attention in the cryptocurrency market, raising over $8.3 million during its ongoing presale. With only 22…
In a notable development for the blockchain industry, TRON DAO has announced that Google Cloud has joined its roster of Super Representative candidates. This collaboration is aimed at enhancing blockchain governance and providing advanced analytics capabilities to developers within the TRON ecosystem. Google Cloud's entry as a Super Representative candidate builds on the existing collaboration between…
The internet is gone. It has been fading away in recent years, and we have reached an interesting point where a massive network becomes something resembling a small local grocery store. We are not attempting to promote any mind blowing theories floating around, therefore an rational explanation for such statements is required. In short, we have only…
BARCELONA, 13 JUNE 2022 -- ETHBarcelona will be the first-ever Ethereum conference to take place Spain, and is set to become a standout global event in fostering the positive social impact of Web3. It will take place July 6-8 at Barcelona’s iconic Centre Convencions Internacional. In line with this perspective, 5 percent of ticket sales will…
One of the largest tragedies that happened for cryptocurrency and blockchain was the fall of the first Decentralized Autonomous Organization (DAO) "The DAO" when a hacker found a bug in the system and drained a third of the DAO's holdings ($41 million worth of ETH). This is the event that caused the Ethereum hard fork…
As November approaches, attention is centered on Bitcoin and the politics surrounding the upcoming hard fork. Social media exploded with users sporting the [no2x] tag when Charlie Lee, creator of Litecoin, voiced his opinion about the fork. As a regular user who doesn't contribute to the code base, it can be difficult to make an…
In a move that brings cryptocurrencies one step closer to official regulation, the U.S. Securities and Exchange Commission has declared DAO Tokens to be securities, and thus subject to federal securities laws. The SEC has also stated that issuers of ICOs must register and provide necessary disclosures. This declaration is in response to an investigation…
A successful hard fork
The DAO (Distributed Autonomous Organization) was supposed to be an innovative and exciting new organization. The first corporation with NO legal paperwork, where all shareholders have say equal to their share of the company decided by how many DAO tokens they held (think stocks). When the DAO was first released and…
There has been an attack on the DAO! The attacker is currently siphoning the Ether in the DAO into a "child DAO". Simply put, this person saw a weakness in the platform and exploited it thereby emptying about 40 million dollars worth of Ether. The hack was aimed at the re-entrancy problem in the Split DAO…
What is the DAO?
In April 2016, there was a launch of a new organizational structure known as a decentralized autonomous organization, also referred to as the DAO. This organization comprises of smart contracts that are incorporated into Ethereum blockchain and it has already raised more than 41 million dollars, making it one of the most…