Tag: The DAO

The SEC Concludes DAO Tokens Were Securities

In a press release issued today, the SEC concluded that tokens that were part of The DAO project were in fact securities. What this means for current ICOs and future token sales is that they will have to abide by federal securities laws. While many ICOs already exclude certain IP addresses from participating, this “official” ruling means the SEC may start cracking down on token sales based in the states. “The Report confirms that …
[Read More]

Are ICOs Helping or Hurting Ethereum?

With the recent increase of ICOs on the Ethereum blockchain, traders and investors have strong opinions regarding the crowdfunds’ impact on cryptocurrencies. Some believe that the introduction of these tokens increases demand for the underlying crypto they are based on. Others believe that this hype is powered by greed, when this bubble bursts it will leave nothing but blood behind. This article will go over both schools of thought and …
[Read More]

Funds Stolen From the DAO One Year Ago Would be Worth $1.35bn Today

An important milestone has occurred over the past 24 hours. It is the one-year anniversary of the infamous implosion of The DAO. As most people will recall, this project raised over $125m via crowdfunding and promptly saw funds being drained due to a smart contract bug. This event is now one year behind us, and it is important to look back at this defining moment in Ethereum history. The DAO …
[Read More]

DAOs Still Have Value Despite The DAO Failing Miserably

Now that the world’s most successful crowdfunding ever has completely fallen apart, the question becomes how viable DAO structures can be. Even though The DAO has failed miserably, the concept is still very much alive. Lessons have been learned, albeit they were rather expensive ones for some people. The DAO Is Done For But The Concept Is Not It has become apparent The DAO – which is the world’s largest …
[Read More]