DAOs and how they communicate A Decentralized Autonomous Organization (DAO) is an organized community on the Internet that pools funds together in an effort to achieve a common goal. DAOs are often run using Ethereum (ETH) tokens, but they can have their own governance tokens specific to the project as well. The DAOs that tend to get news coverage are those that fail at their goal, or that get hacked and lose millions. It’s conventionally unfair to use that as a reason to disparage the decentralized organizations, as the same thing also happens to normal LLCs. Discord is a platform that users can use to create servers for a variety…
Oakland A’s selling discount luxury suites for Bitcoin
The price is set at one Bitcoin for a season six-person suite which costs $64,800—currently almost a $9,000 discount
The team is pitching the offer as a gamble, with Kaval noting that suites’ prices will fluctuate with the price of bitcoin, which he said, “adds to the excitement.” Of course, that means if bitcoin rises past $64,800 by the season’s close on Oct. 8, purchasers will have overpaid—assuming they aren’t selling BTC to pay for the suite in the first place.
Mark Cuban: BTC and ETH are like Amazon and EBay
The billionaire darling of the dot-com era sees a shakeout coming to crypto just as it did to high-flying internet stocks 20 years ago, with few surviving
Dot-com billionaire Mark Cuban said that while a few cryptocurrencies like bitcoin and ether will survive and thrive to become the new Amazons and EBays, most digital assets will burst with a crypto bubble.
Online gaming platform with A-list investors killed by SEC
Ashton Kutcher and Mark Cuban were among the investors in Unikrn, which is paying a $6.1 million penalty that is ‘substantially all of the company’s assets’ and disabling its tokens
The U.S. Securities and Exchange Commission’s unrelenting crackdown on unregistered initial coin offerings has claimed another victim—this time, an online gaming and gambling platform that attracted a star-studded list of investors.