Should the DAO Hire Professional Consultants?

Should the DAO Hire Professional Consultants?

Decentralized organizations have a tendency to require much input from very few people, with the vast majority relying on their free and voluntary work. However, as they provide their input due to simple interest, they may be unwilling to take a fully comprehensive and professional approach. The volunteers eventually take a semi-leadership position, but lacking a paid incentive, seemingly simple things are not done, what is done may be sub-par with accountability nowhere to be found because they are, after all, just volunteers with no responsibility to anyone. In responding to criticisms....


Related News

FTX Dramatic Escape In 2022: How Consultants Thwarted A High-Stakes Heist

In a shocking turn of events, cryptocurrency exchange FTX faced a double blow as it grappled with bankruptcy and a massive crypto theft that threatened to wipe out its remaining assets.  Now, new details have emerged about the nightmarish evening when FTX’s staff and a team of consultants raced against time to prevent what could […]

Nevada Woman Charged in Bitcoin Murder-for-Hire as a Mystery Hacker Again Tur...

The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.

Citigroup to Hire 100 People for Its Crypto Division: Report

Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing, fractionalization, programmability, and transparency.” Citigroup Growing Its Crypto Team Citigroup is reportedly looking to hire 100 people to grow its digital asset team within its institutional business, Bloomberg reported on Monday, citing a person familiar with the matter. Puneet Singhvi will be the firm’s new head of digital assets within....

Professional DDoS Service vDOS Offline, Two Arrested

vDOS, the most profitable attack for hire DDoS service shuts down after authorities arrest the two hackers behind it. Who said it’s hard to find good help these days? If it has got anything to do with hacking or cyberattacks, darknet is the “go-to” place. One can find many “cyberattacks for hire” listings on deepweb marketplaces and forums. While it’s hard to vouch for their effectiveness, recent arrests in Israel prove that some of those advertisements are indeed true. According to reports, vDOS is one such attack for hire service which will not be doing business anymore. The people....

Consulting Firms Face Talent Shortage As Blockchain Offerings Grow

"We're hiring, just like everyone, hiring aggressively for the right people." According to PwC FinTech director Jeremy Drane, the number one issue facing the blockchain industry today is a lack of talent, a declaration backed up by statements from the firm's peers. A blockchain hiring crunch is now hitting the major professional services firms as they seek to satisfy the growing demand for products and services from global financial institutions and businesses. In interviews, global consulting firms Deloitte, KPMG and PwC indicated that they're currently seeking to hire....