Posts Tagged ‘what is DAO

the-dao-statistics

The DAO, a decentralized autonomous organization, is an interesting project in the form of an Ethereum smart contract that is essentially a form of investor-directed venture capital fund. The project was started with what can be described as the largest crowdfunding campaign to date where over twenty thousand people invested over 12 million Ether coins and now have the right to control the direction of the DAO. These are essentially the investors that now have the right to vote thanks to their DAO tokens for what projects the DAO will provide funds in the form of Ethereum. The total number of DAO Tokens is over 1 Billion and 172 Million and now that the initial crowdfunding period is over no more tokens will be issued, however if you missed your first chance to get into the DAO you can still do so by purchasing tokens from one of the crypto currency exchanges that offers the trading of DAO tokens. Even though the DAO crowdfunding campaign has collected over 160 Million USD equivalent in ETH coins and can be considered a very successful venture there is still a lot of controversy surrounding the whole concept and the idea, buy still worth keeping an eye on the development anyway. So should you decide to invest in the DAO by purchasing DAO Tokens you should do your more detailed research before jumping head to invest, but if you decide to buy tokens you can find a list of exchanges where you can do so below.

List of crypto Exchanges trading DAO Tokens:
Kraken (ETH, BTC, USD, EUR, GBP, JPY, CAD)
Shapeshift (BTC and many altcoins)
BTER (BTC, CNY)
Poloniex (BTC)
Bittrex (BTC)

These are pretty much the top exchanges where trades are happening, there could be some more that just recently listed DAO Tokens for trading or will list them soon and we are going to be keeping track on further development…


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