DAOs

DAOs

Finance

DAOs, VCs Put $6M Behind Governance Startup Tally

If DAOs are basically a "group chat with a bank account," they're going to need more tooling to go mainstream, say Tally's founders.

abacus, invest

Markets

Biggest DAOs Now Hold $6B Worth of Digital Assets: ConsenSys

More than $6 billion worth of digital assets are held in the 20 biggest DAOs, according to a report from ConsenSys.

ConsenSys CEO Joseph Lubin (CoinDesk archives)

Markets

Gone in 30 Seconds: Yield Guild Games' $12.5M Token Sale Sells Out Fast

Some tokens will distributed to members of the startup's community.

traffic speed

Tech

Index Coop, Bankless DAO Team Up to Launch New Crypto Index

The BED token represents an even split of bitcoin, ether and Index Coop’s DeFi Pulse Index.

Trading screen

Tech

MakerDAO Moves to Full Decentralization; Maker Foundation to Close in 'Months'

The move by the protocol’s home office has been long expected.

MakerDAO founder Rune Christensen in Davos, Switzerland, January 2020.

Markets

FOX Token Rally: Yield Play or ShapeShift DAO Craving?

Crypto analysts are looking at the FOX token's price gain and asking whether it's the latest promotion or the start of a new trend.

The FOX token is suddenly in demand from traders. The question is why.

Videos

Erik Voorhees on Why ShapeShift Is Shutting Down

Erik Voorhees, ShapeShift founder and CEO, discusses why the crypto trading pioneer is transforming from a traditional equity-based VC-backed corporate entity to a decentralized autonomous organization (DAO). “Regulatory friction absolutely has a part in this decision,” Voorhees said. Plus, what’s next for ShapeShift’s shareholders, employees, and customers.

CoinDesk placeholder image

Videos

Why Is ShapeShift Shutting Down?

Crypto trading pioneer ShapeShift is closing its doors, handing over its legacy to a decentralized autonomous organization (DAO) controlled by holders of its FOX token. In the process, it will airdrop $98 million in crypto to decentralized finance (DeFi) investors.

CoinDesk placeholder image

Finance

FOX Token Up 77% on ShapeShift DAO, Airdrop News

ShapeShift’s token is up significantly on news the exchange is becoming a decentralized autonomous organization (DAO).

Erik Voorhees