Inside one of many world’s greatest DAOs

by Cryptospacey

We lately spoke to 2 of the core members for BitDAO, one of many world’s greatest DAOs by treasury holdings. Throughout our dialog, we explored how DAOs may doubtlessly substitute politics, what it’s like being concerned in a DAO and what one of the best use instances are for DAOs going ahead. The interview beneath provides an interesting perception into BitDAO and the way it makes use of its treasury of $2.2 billion.

To seek out out extra about BitDAO past the interview you may go to their web site or just purchase the BIT token and be part of your self. Each proposal that the DAO votes on is transparently viewable on their Snapshot web page. All you have to vote on the subsequent proposal is to personal BIT tokens which might be bought on exchanges reminiscent of Bybit and FTX. Curiously, slightly below 50% of the BitDAO treasury is held in BIT tokens. The remaining is held in Ethereum, USDC, USDT, and others.

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