DAO


Finance

Token Management Platform Magna Raises $15M Seed Round at $70M Valuation

Investors in the round included Tiger Global, Tusk Venture Partners, Circle Ventures and Shima Capital.

Magna co-founders Arun Kirubarajan (left) and Bruno Faviero (right). (Magna)

Policy

Near Protocol Forms Working Group to Promote DeFi Governance

The Near Digital Collective is a self-governance initiative aimed at further decentralizing the Near ecosystem’s decision-making by moving it to a blockchain.

Illia Polosukhin, Co-Founder, NEAR Protocol (Stephen Lovekin/Shutterstock/CoinDesk)

Opinion

Why Traditional Investors May Not Love DAOs

A governance vote this summer canceling a SAFT investor agreement in a DAO sent shockwaves through investor ranks, says Tanvi Ratna.

(Ricardo Frantz/Unsplash)

Layer 2

The Sex Club, Tokenized

Daniel Saynt’s Manhattan sex club has plans for NFT membership and its own NSFW token. This piece is part of CoinDesk's Sin Week.

(Rodrigo Lizaraga)

Finance

Slow Ventures Raises Stakes on Crypto Governance with ‘Timber sDAO’

The venture capital firm's first "legally compliant DAO" bought land, and the second so-called sDAO is buying more. But this time, land with trees.

Solana developers on a hike (Danny Nelson/CoinDesk)

Tech

Web3 Workplace Platform Coordinape Launches Decentralized Compensation Tool for DAOs

Coordinape’s product, CoVaults, uses smart contracts to automate compensation for contributors to the decentralized workspace.

CoVaults are an automated tool for compensating decentralized teams. (AdrienBe/Pixabay)

Tech

The Graph Adds Gnosis Chain to Its Decentralized Blockchain Indexing Protocol

Gnosis Chain is the first chain after Ethereum to gain support on The Graph’s decentralized network, which will soon replace The Graph’s centralized “hosted” service.

(Deedster/Pixabay)

Finance

Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development

“There's no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on,” said Devin Walsh, the community member who authored the initial proposal.

Un ataque de phishing en Uniswap prometía un falso airdrop y se llevó $8 millones de un usuario. (Heinrich Jonas/Wikimedia Commons)

Finance

Blockchain Company Mural, Founded by Palantir Alums, Raises $5.6M

The startup helps global brands manage the treasuries of their Web3 communities.

Mural co-founders, left to right, Kevin Alvarez Fung, Arthur Tam and Sinclair Toffa (Mural)

Policy

US Tribal Nation Economic Zone Publishes Draft Rules for DAOs

The Catawba Digital Economic Zone proposes allowing DAOs to be organized as unincorporated non-profits or limited liability companies.

One of the initial sites of the Catawba Digital Economic Zone in Rock Hill, South Carolina. (CDEZ)