The DAO is a New Dow (This story has to begin with the big news)

The DAO is a New Dow (This story has to begin with the big news)

This story has to begin with the big news: the decentralized autonomous organization known The DAO has raised millions worth of ether, the native cryptocurrency of the Ethereum network, in just a few weeks. If you’ve read The DAO’s whitepaper, you might have managed to understand what it is: blockchain code that emulates the behaviour of a crowdfunding business entity that can fund and earn a return from other blockchain-coded business proposals. The DAO and its valuation will be an effective ether index of the proposals it accepts, much like the Dow is a stock market index. The difference....


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