$53 million raised for Assange showed the power of DAOs By Cointelegraph
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“DAOs, in a way, they are are a very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system,” said Silke Noa, core member of AssangeDAO, which recently raised $53 million in support of WikiLeaks founder Julian Assange.
According to Noa, the fundraising campaign was “a huge success” that showed the power a decentralized autonomous organization can have in impacting political and social issues. The DAO mechanism allowed anyone willing to support Assange to make a donation in Ether (ETH) and become a member of the organization.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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“DAOs, in a way, they are are a very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system,” said Silke Noa, core member of AssangeDAO, which recently raised $53 million in support of WikiLeaks founder Julian Assange.
According to Noa, the fundraising campaign was “a huge success” that showed the power a decentralized autonomous organization can have in impacting political and social issues. The DAO mechanism allowed anyone willing to support Assange to make a donation in Ether (ETH) and become a member of the organization.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.