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What Is MakerDAO And How It Works?

As crypto gained its pace within the financial cluster, the constantly changing dynamic nature of virtual currencies posed a question on its vitality. Most investors failed to trust crypto because of the massive market fluctuations inhibited by the assets. This paved the way for launching a safer decentralized asset class called ‘stablecoins’ that strives to…

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Metamask DAO and Tokens: Expectations and Anticipations

Joseph Lubin, the creator of ConsenSys, has stated that MetaMask will bring its own token and Decentralized Autonomous Organization. The new update for the MetaMask coin is still to be determined, with details regarding both the token and the DAO only recently being available. What will that involve, precisely? According to Joseph Lubin’s interview with…

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What Is MetaCartel and How Does MetaCartel Work?

When we think about giving shape to our business idea, the first thing that comes to mind is CAPITAL. The importance of funds in starting a business is undoubtedly not something that requires a lot of discussions as we are all well aware of it. However, investing all your hard-earned money into your project might…

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All you should Know About TempleDAO (TEMPLE) Token

Last year, there was an attempt to tout almost all cryptocurrencies as “the next Bitcoin” due to Bitcoin’s meteoric increase in popularity. Because of this, many individuals raced to buy these currencies, unaware of the currency’s high volatility. Due to which many faced losses. However, if they had knowledge about stable coins, they would have…

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A Detailed Guide: What is Dai and How Does It Work?

The crypto domain is constantly going through technological advancements. By the time investors understand about a crypto concept, another concept emerges in the market. Because of the high investment opportunities and easy ways to earn millions, more and more people are getting into the crypto world. Since the 2017 bitcoin surge, an increasing number of…

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The Future of DAOs in the Social Media Ecosystem: Detailed Guide

The internet and social media have made it simpler than ever before for like-minded people to interact, regardless of their geographical location. With the advent of digitally native money and banking, a new form of social network has evolved, allowing like-minded individuals to not only interact but also coordinate around the capital. These new networks,…

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Know Everything about How the top-trending DAOs Work?

DAOs are a logical extension of DeFi apps, made feasible by the blockchain’s capabilities. This has brought a revolution in e-governance through a majority-win voting methodology, including the proprietors of the native tokens. This model gives native token holders complete control over the decision-making process and a proportionate share of the distributing fees. Thus the…

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Is Decentralized Autonomous Organizations (DAO) the Future?

The ideology of the crypto-utopian is to remove faulty institutions across the globe by developing a blockchain technology-based model from scratch. Initially, the visualization of cryptocurrency was not an asset but rather a substitute payment gateway. Smart contracts, proposed by blockchain, are an attempt to establish a trustworthy form of legal governance. Incorporating both to…

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Wyoming gives legal recognition to the first DAO in the United States

Wyoming has gained the status as the most pro-crypto state in the United States of America. The very first Decentralized Autonomous Organization (DAO) has been given legal approval from the state of Wyoming in the United States.  The Wyoming Secretary of State’s office made an announcement on July 4, stating that the American CryptoFed DAO…

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Top Decentralized Autonomous Organization (DAO) Projects to watch

The blockchain platform introduced the tool “decentralized autonomous organizations (DAOs)” with the objective to support the decentralized business ecosystem. They play an important part in decentralized finance. They could play a more significant role as DAO infrastructure becomes more proficient, and once-overlooked stakeholders in finance follow up on bigger governance requirements. A DAO is a…