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DAO-Builder Syndicate Raises $20M From a16z, Alexis Ohanian and Snoop Dogg

Syndicate, a community-based investment system that simplifies the creation of decentralized autonomous organizations (DAOs), has raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z). Syndicate now has an investor roster of over 150, including Reddit co-founder Alexis Ohanian and rapper Snoop Dogg. DAOs "are the next step for society," host Naomi Brockwell said, suggesting Syndicate heading in the right direction.

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Erik Voorhees on Why ShapeShift Is Shutting Down

Erik Voorhees, ShapeShift founder and CEO, discusses why the crypto trading pioneer is transforming from a traditional equity-based VC-backed corporate entity to a decentralized autonomous organization (DAO). “Regulatory friction absolutely has a part in this decision,” Voorhees said. Plus, what’s next for ShapeShift’s shareholders, employees, and customers.

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Why Is ShapeShift Shutting Down?

Crypto trading pioneer ShapeShift is closing its doors, handing over its legacy to a decentralized autonomous organization (DAO) controlled by holders of its FOX token. In the process, it will airdrop $98 million in crypto to decentralized finance (DeFi) investors.

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Decentralized Investing Platform Syndicate Could Make DAOs the Next New Thing

Decentralized investing platform Syndicate has raised $800K from some 100 investors, including Circle's Jeremy Allaire and CoinShares' Meltem Demirors. The platform aims to democratize investing by making it easier to spin up decentralized autonomous organizations (DAOs). What exactly are DAOs and could Syndicate make them the next new trend in crypto?

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Get Virtual Clothes in This Shopping District in Decentraland Metaverse

Digital real estate NFT investment fund Republic Realm's Janine Yorio on launching Metajuku, a shopping district in Decentraland. It's an Ethereum-based virtual world, or metaverse, owned by its users and governed through a decentralized autonomous organization (DAO). "Metajuku is a natural evolution of the retail environment that went from 2D websites to 3D immersive retail stores that people can shop in," Yorio said.

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Binance-Backed Travala Launches Dtravel, a 'Decentralized Airbnb'

Binance-backed Travala has launched Dtravel, which some say is comparable to a "decentralized Airbnb." The project will be run as a DAO with the Dtravel token (TRVL) to facilitate decision-making. "The Hash" panel digs into the rollout of the product, suggesting the feasibility and pros and cons of such a service.

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Why Do Decentralized Autonomous Organizations (DAOs) Matter to Wyoming?

MIT Computational Law Report Executive Director Dazza Greenwood and Wyoming State Senator Chris Rothfuss dig into a newly passed law that allows Decentralized Autonomous Organizations (DAOs) to operate legally in the state of Wyoming and why this matters.

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