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The Future of DAOs Beyond Tokens
source link: https://nextbigwhat.com/the-future-of-daos-beyond-tokens/
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The Future of DAOs Beyond Tokens
- The promise is alluring – according to DeepDAO, there are already almost 2M holders of DAO governance tokens and 500k+ active voters and proposal makers in DAOs.
- Execution: Depending on the design of the DAO and the inclusion of blockchain mechanisms, governance decisions can be executed autonomously/trustlessly in DAOs versus in traditional corporations.
- This could easily change if/as DAOs grow expand, teams distribute tokens to more strongly benefit insiders, or even if DAOs collude in meta-governance.
[Via]
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Ukraine legalizes crypto sector; Establishes regulatory framework
It creates conditions for launching a legal virtual asset market in Ukraine. The new market will be regulated by the National Securities and Stock Market Commission.
Signed law:
- determines the legal status, classification and ownership of virtual assets;
- determines market regulators — the National Bank of Ukraine and the National Securities and Stock Market Commission;
- creates conditions for the further formation of the legal field in the virtual asset market;
- determines the list of virtual asset service providers and the conditions for their registration;
- provides for the implementation of financial monitoring measures in the field of virtual assets. [Via]
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