Legal battle avoided after YGG and Merit Circle DAO agree to a deal

A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd and Yield Guild Games (YGG) after the organizations reached a deal after the DAO originally voted to remove YGG. Merit Circle Ltd is a company that created the Merit Circle DAO to help gamers interested … Read more

Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries – Technology Bitcoin News

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion … Read more