Investment DAOs are becoming serious players in the token OTC markets. More and more people will invest in shares of reputable investment DAOs instead of investing directly in crypto tokens and coins.
Cryptocurrencies are digital currencies that aim to operate independently of a centralised governing body. Crypto refers to the cryptography used to ensure transactions of the currency is held safe, and the register of transactions is immutable. With governments still debating over how crypto will be regulated, investors should be wary that some currencies are likely to be completely abandoned should they fall into the category of unregulated security.
Current Wyoming initiatives could limit the time and cost of forming a DAO using an underlying LLC structure. Otoco and Ricardian shape solutions to automate those processes.
One abstraction to explain DAOs is that it is a bank account on a blockchain. A group of people can collectively manage and control assets and resources – basically something like a fully anarchist organization; like one that is not dependent on the state.
On hedging risk – IPFS is a distributed file system that seeks to connect all computing devices with the same system of files.
Decentralized systems were already around at the time the Web was invented. The rise of Blockchain Domains enables not only censorship-resistance, or a shift towards self-ownership, but also simplifies payments with crypto that could drive further adoption of digital assets.
Non-Custodial Wallets are able to avoid the regulatory burdens that centralized, custodial products must deal with (no matter if KYC, AML, MTL, etc.) and give Absolute Control & Custody — so that users can become their own bank.
This article looks at yield farming. Simply explained as act of leveraging different DeFi protocols and products to earn a yield or a return on assets.
A closer look at DeFi: lending and borrowing, stable coins, decentralized exchanges, derivatives, margin trading and insurance.