Tag Archives: DAO

Cardano introduces the Chang hard fork, a step towards decentralized governance. The new governance system includes DReps and a tricameral layout to ensure balanced decision-making. The Cardano blockchain has taken an immense step toward decentralized governance with the release of the Chang hard fork. At 10:44 p.m. London time on Sunday, Cardano began handing control of its $13 billion blockchain to holders of its native ADA coin. This is the first stage of the blockchain’s shift to a fully...

Arbitrum DAO voted on implementing liquidity staking for ARB holders to motivate users to lock their tokens onchain. The liquidity staking will route deposits to governance participants to secure the DAO against governance attacks looking to steal funds from its treasury. The Arbitrum DAO voted on a proposal to integrate staking utility for the Arbitrum layer-2’s native token ARB. Over 25,000 voted on the proposal, with a staggering 91% in favor of the upgrade. The proposal explained the...

Superdao, a platform founded to help with the development of decentralized autonomous organizations (DAO), said it would shut down operations due to unprofitable returns and would refund investors. The platform raised over $10 million in 2022 and supported more than 2,000 DAO launches. Superdao to Exit Market Superdao CEO Yury Lifshits announced plans to wind down operations, stating that providing specialized crypto infrastructure is not a profitable project because the...

Remilia Corporation’s Creative Director and Artist, Sprite Bonkler, has announced that Remilia’s co-founders have filed a lawsuit against one of Milady’s founders, Charlotte Fang, and the Delaware Limited Liability Companies (LLCs). Charlotte has been accused of orchestrating a plan to take over Remilia’s functions, resources, and a vast collection of important digital assets. Allegations Against Charlotte Fang Remilia Corporation’s co-founders, the DAO behind the Milady...

Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab. The token unlocks could potentially create some significant sell pressure. Token Unlocks: Weekly Edition The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain....

Artificial Intelligence (AI) could potentially organize itself using a Decentralised Autonomous Organisation (DAO) structure, according to BitMEX founder Arthur Hayes. Traditional companies cannot operate without certain state-sanctioned entities such as auditors, accountants, lawyers, and bankers that serve as the “cartel of trust.” But with AI slowly taking over, it’s hard to imagine how an economic organization under the technology will ensure compliance. Hayes’s latest...

The Shanghai Upgrade is an update to Ethereum that will introduce the ability for users to withdraw ETH they have previously staked on the network as well as any staking rewards they have earned. As a fundamental change to the Ethereum network, Shanghai will be implemented as a hard fork. Validators are users (also known as nodes) of Ethereum who create blocks and verify that the blocks and transactions are correct on the network. To ensure they are acting honestly, they put up a stake of 32...

Sony Network Communications (a tech provider under the umbrella of the Sony Group) partnered with Polkadot’s innovation hub – Astar Network – to present a Web3 Incubation Program. Users willing to join can apply until March 6, 2023.  Focusing on NFTs and DAOs  According to a document seen by CryptoPotato, the program will run from mid-March to mid-June, as people can apply from February 17 until March 6. The partners will review the inquiries and approve 10 to 15 users. Sony...

Während andere Banken auf dem Krypto-Markt zurückbleiben, setzt die zweitgrösste japanische Sumitomo Bank, auf Innovation und integriert einen eigenen „Soulbound Token“, um Identitäten zu verifizieren. Obwohl der Kryptomarkt immer noch schwächelt – möchte sich die Sumitomo Bank bahnbrechend im Web3, der neuen Generation des World Wide Web welches auf der Blockchain basiert, etablieren. SMBC Asia hub is located in Centennial Tower in SingaporeFoto CC 4.0 by Heyheywoop,...

Gaming and metaverse DAO giant Merit Circle voted to burn all remaining tokens left in the Community Incentives wallet as a way to reduce the total supply. The project has been carrying out monthly token burns but decided in favor of bulk destruction. A proposal to burn 200 million MC tokens saw an overwhelming number of votes supporting the motion. Out of 232 votes, only three were against the idea. Following the creation of the Community Incentives wallet, 294 million...