The DAO, a new paradigm in corporate governance

It is built on the rugged Ethereum network. Also known as the decentralised autonomous organization, the DAO (in its very early stages, crowd funding is ongoing until the end of May) will transform the economic landscape as we know it. A trustless, automated, universal sharing network that ties together the physical world with digital assets to allow seamless integration of the internet of things that is always evolving around us.

As with all investments, there is always risk involved. Do you due diligence!

https://daohub.org

https://slock.it

http://www.news.com.au/technology/o...y/news-story/4fc461315e3442a039a11d35909a6759

 

wow that's a lot of buzzwords in two lines of text. why is this better than bitcoin exactly?

 

Well, the DAO isn't a currency like Bitcoin per se (although they'll be tradable on exchanges and are just as liquid since Ethereum is here to stay) but it's a coded venture capital firm that is completely in the hands of the token holders to issue funding on accepted proposals through the voting process. One of it curators is Vitalek himself amongst quite a few other key Ethereum players.