Cryptocurrency News

What are investment DAOs and how do they work?

06/11/2022

Less than a minute

2022.06.11 20:41

What are investment DAOs and how do they work?

A decentralized autonomous organization (DAO) that raises and invests capital into assets on behalf of its community is an investment DAO. Investment DAOs tap into the power of Web3 to democratize the investment process and make it more inclusive.

DAOs can have their units in tokens that are listed on a crypto exchange. The community rules are agreed upon and governance is enforced through smart contracts. Governance rights (voting) can be prorated based on the holdings in the DAO.

06/11/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 103,877.83 2.55%

Ethereum (ETH) $ 3,863.32 2.04%

Tether (USDT) $ 1.00 0.00%

XRP (XRP) $ 2.44 6.69%

BNB (BNB) $ 713.04 2.11%

Solana (SOL) $ 216.49 3.80%

Dogecoin (DOGE) $ 0.383941 4.15%

USDC (USDC) $ 1.00 0.11%

Lido Staked Ether (STETH) $ 3,849.54 2.43%

Cardano (ADA) $ 1.02 5.43%

TRON (TRX) $ 0.272193 4.86%

Avalanche (AVAX) $ 46.33 6.02%

Chainlink (LINK) $ 27.35 1.06%

Wrapped stETH (WSTETH) $ 4,589.47 2.01%

Shiba Inu (SHIB) $ 0.000026 4.77%

the-open-network

Toncoin (TON) $ 5.70 4.41%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,604.76 2.42%

Sui (SUI) $ 4.58 2.61%

Stellar (XLM) $ 0.421272 4.84%

Polkadot (DOT) $ 8.20 5.36%

hedera-hashgraph

Hedera (HBAR) $ 0.293547 4.40%

WETH (WETH) $ 3,863.61 1.98%

Bitcoin Cash (BCH) $ 516.91 3.06%

Uniswap (UNI) $ 15.59 2.24%

LEO Token (LEO) $ 9.68 1.16%

Pepe (PEPE) $ 0.000021 7.16%

Litecoin (LTC) $ 116.20 0.04%

Hyperliquid (HYPE) $ 24.71 7.81%

NEAR Protocol (NEAR) $ 6.14 9.75%

Wrapped eETH (WEETH) $ 4,061.27 2.32%

Aptos (APT) $ 12.83 3.57%

Ethena USDe (USDE) $ 1.00 0.03%

Bitget Token (BGB) $ 4.16 8.36%

internet-computer

Internet Computer (ICP) $ 11.89 4.03%

Aave (AAVE) $ 368.73 1.14%

USDS (USDS) $ 1.00 0.02%

crypto-com-chain

Cronos (CRO) $ 0.185659 4.01%

Ethereum Classic (ETC) $ 31.50 4.12%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.547661 6.04%

VeChain (VET) $ 0.054085 6.02%

Render (RENDER) $ 8.31 5.63%

Artificial Superintelligence Alliance (FET) $ 1.58 3.47%

Monero (XMR) $ 220.45 0.95%

Mantle (MNT) $ 1.17 4.11%

Arbitrum (ARB) $ 0.93452 3.66%

Bittensor (TAO) $ 522.69 1.45%

MANTRA (OM) $ 4.08 4.67%

Filecoin (FIL) $ 6.06 5.61%

WhiteBIT Coin (WBT) $ 24.98 1.67%

Kaspa (KAS) $ 0.137492 2.99%