Last year, the crypto trend was all about DeFi. This year it's NFTs. What's next? Insiders are looking into DAOs, decentralized autonomous organizations. If you hold crypto in a given DAO, you have a voice in how the organization is run and are part of the decision-making process. Collective wisdom as the new business model … will it succeed? Discover the pros and cons about DAOs in the Crypto for Newborn's golden episode 50!
Resources: https://cointelegraph.com/ethereum-for-beginners/what-is-a-decentralized-autonomous-organization-and-how-does-a-dao-work (Article: What is a decentralized autonomous organization, and how does a DAO work?)
Article: What are smart contracts on blockchain? https://www.ibm.com/topics/smart-contracts (https://www.ibm.com/topics/smart-contracts) https://wulfkaal.medium.com/dao-limitations-a04526c936b (Article: DAO Limitations) https://coinyuppie.com/dao-of-the-operation-of-the-metaverse/ (Article: “DAO” of the operation of the Metaverse) https://podcasts.apple.com/us/podcast/the-token-metrics-podcast/id1200261154?i=1000542675969 (Token Metrics Podcast, episode 754 - Next BIG Thing in Crypto | How to Be a Part of It? Future Crypto Narrative | Token Metrics AMA)
If you would like to donate a bit of cryptocurrency to the Crypto for Newborns podcast, feel free to send as much as you’d like – far be it from me to inhibit your generosity! I’m accepting Ethereum right now but if you’re compelled to send me some other kind, email me at your earliest convenience!
$ETH 0x0789f67C8F889f58130959F4E1F5E9C8F99d49F1
Thanks for tuning in!