Cryptocurrency Q&A
Who profits from a DAO?
Who profits from a DAO?
Dario
Tue Sep 24 2024
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7 answers
1508
Who stands to benefit from the operation of a Decentralized Autonomous Organization (DAO)? Is it the token holders who vote on proposals and fund initiatives? Or is it the developers who build and maintain the smart contracts that underpin the DAO's functionality? Perhaps it's the community as a whole, who enjoy the services and products offered by the DAO, or even external stakeholders who benefit from the ecosystem's growth and success. What are the primary sources of revenue for a DAO, and how are profits distributed among its various stakeholders? These are some of the questions that arise when exploring the intricate web of interests and incentives that shape the landscape of decentralized finance.
7 answers
CryptoDynasty
Thu Sep 26 2024
During a specified investment period, investors were permitted to contribute Ether, the native token of the Ethereum network, to The DAO.
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Alessandra
Thu Sep 26 2024
The funds raised through this investment mechanism were intended for investment in blockchain-focused startups.
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MountFujiView
Thu Sep 26 2024
These startups were expected to utilize blockchain technology to drive innovation and growth in various industries.
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HallyuHype
Thu Sep 26 2024
The DAO, a decentralized autonomous organization, offered an investment opportunity to cryptocurrency enthusiasts.
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GeishaCharming
Thu Sep 26 2024
The DAO's investment strategy aimed to generate profits for its contributors, leveraging the potential of blockchain technology.
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