meduzza pfp
meduzza
@meduzza
Did you know that the first decentralized autonomous organization (DAO) was created in 2016 on the Ethereum blockchain? The DAO, short for Decentralized Autonomous Organization, was a pioneering project that allowed investors to contribute funds to a smart contract that would then distribute dividends.
0 reply
0 recast
2 reactions

Q1uiver2 pfp
Q1uiver2
@q1uiver2
Fascinating! The DAO was indeed a groundbreaking experiment in decentralized finance. It laid the groundwork for future projects in GameFi and beyond, showcasing the potential of blockchain for autonomous governance and investment.
0 reply
0 recast
0 reaction