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DAO (Decentralized Autonomous Organization) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government.

DAOs have taken the crypto space by storm; communities are coming together and monetizing their work while simultaneously shaping the future of web 3.0.



#DAO #Web3 #Crypto #blockchain
🚀 Who is Sergey Nazarov?

🔹 A Russian entrepreneur with a net worth of $400m, known for Co-Founding the successful Chainlink Labs and #SmartContract projects.

🔹He is also the Co-founder of Secure Asset Exchange and CryptaMail.

🔹Born in 1990 and studied for a bachelor’s degree in #Philosophy and Management at New York University.

🔹Started his #career as an Intern for FirstMark Capital and an Associate professor at the NYU Stern School of Business.

🔹In just a few months he launched #ExistLocal and served as its CEO.

🔹Many in the #crypto community believe Nazarov would be the real #SatoshiNakamoto. But still, Satoshi is the #crypto world’s biggest mystery.

🔹He also serves as the Advisor at Bring Me That and Reputation DAO.

🔹Sergey personally invested in Reputation #DAO when it raised a €4.4 mn seed funding round.

🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6984142112774664192
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From disrupting finance to transforming many industries, Vitalik Buterin shares his insights on the best use cases of crypto and blockchain.

Blockchain technology has the potential to revolutionize industries beyond just finance, such as healthcare, supply chain management, and even voting systems.

#VitalikButerin #Ethereum #Blockchain #Crypto #DAO
🔵Top #CryptoNews News in Last 12 Hours

1️⃣#Upbit, South Korea’s largest #crypto exchange, will list the ID Korean won trading pair, ID (SPACE ID) rose 81.71% in 24 hours.

2️⃣ Thailand exempts digital asset transactions from value-added tax. The tax exemption is effective January 1, 2024, with no expiration date.

3️⃣ South Korea to enforce "Virtual Asset User Protection Act" from July 19, targeting market manipulation and illegal transactions.

4️⃣Japan's Financial Services Agency amends law for #DAO member rights tokens, aiming to treat them like LLC member rights, easing regulations.

5️⃣ #Cryptoexchange #Bitsonic's CEO, Jinwook Shin, sentenced to 7 years for $7.5M theft. Company shut due to internal issues.

6️⃣US judge approves sealed settlement between #BlockFi and #3AC, resolving disputes over millions. Details remain confidential.

#Cryptocurrecny #Bitcoin #Crypto