How Web3 and decentralized governance are redefining company structures for a global economy The corporate blueprint we inherited from the industrial era—centralized hierarchies, top-down control, and rigid legal frameworks—is increasingly out of step with today’s digital, fast-moving, and international world. According to Web3 strategist and serial entrepreneur Alessio Vinassa, the
The U.S.-based law firm Burwick Law has publicly challenged the Solana NFT platform Metaplex over its upcoming plan to transfer unclaimed SOL tokens, worth approximately $7.3 million, into its DAO treasury. The issue revolves around the resize rent, originally paid by users as part of a blockchain optimization introduced last
The decentralized finance (DeFi) platform formerly MakerDAO, now branded as Sky, is planning a return to its original name following community pushback over the rebranding. The co-founder of Sky, Rune Christensen has commenced a proposal to readdress the rebranding decision. Since the rebrand in August 2024 as part of the
The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the
In the evolving landscape of blockchain technology, Decentralized Autonomous Organizations (DAOs) have emerged as innovative entities that operate without centralized control. DAOs leverage smart contracts on blockchain networks, enabling members to collaborate and govern collectively. This article provides a comprehensive overview of DAOs, their structure, benefits, challenges, and future implications.
Treasure DAO is set to vote on a proposal that could move its Web3 gaming ecosystem from Arbitrum to ZKsync. The vote, scheduled to begin on September 17, will determine if the DAO should approve this migration. The proposal suggests that ZKsync’s technology is better suited for Treasure’s long-term goals
Snapshot X, a governance platform designed for decentralized autonomous organizations (DAOs), has officially launched, offering a Layer 2-based protocol that enables onchain voting without gas fees. This breakthrough is powered by Starknet’s roll-up technology, which aims to streamline the often costly and inefficient voting processes in blockchain projects. Traditionally, DAOs
PleasrDAO, the crypto investors, and NFT collectors are suspecting Martin Shkreli. He is an American investor and businessman who owns the famous and one-of-a-kind Wu-Tang album “Once Upon a Time in Shaolin”, but has not handed over the existing copies of the album, and his claims are dubious. Martin Shrekli
The Shiba Inu (SHIB) cryptocurrency project plans to launch a Decentralized Autonomous Organization (DAO). It is initiated to empower SHIB holders to participate in the project’s governance. Lucie, marketing lead at the memecoin project, announced the plans for launching DAO on Aug 25 in an X post. The DAO aims
Hong Kong lawmaker Johnny Ng Kit-chong has proposed creating a legal framework to regulate decentralized autonomous organizations (DAOs) to bolster Hong Kong’s stability in the Web3 investment landscape. Ng believes that such regulation would attract significant overseas talent and capital, reinforcing the city’s position as a global leader in digital
