What’s in a Name? Wings Purges DAOs of their Troubled Past
DAO launcher and funding platform Wings.ai is gathering speed in uncertain times - the specter of the failed Slock.it DAO is still on everyone’s lips. Can it succeed? This is the question Wings Core Developer Stas Oskin has been answering since June this year. He told Cointelegraph: “First it’s important to understand that DAOs did not start or end with The DAO. Decentralized Autonomous Organizations is a new concept of how virtual organizations are being started, funded and managed, and The DAO was just one of many possible implementations of this concept. While it has failed, it has....
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Bitcoin wallet Airbitz just announced a partnership with the Wings Project (wings.ai). Wings is a platform that enables the creation of decentralized autonomous organizations for Bitcoin and alternative blockchains. Airbitz and Wings Collaborate Utilizing Edge Security With DAO Platform. Airbitz’s joint effort with the Wings project will provide the....
WINGS, a decentralized platform to create, join and manage distributed autonomous organizations (DAOs), has partnered with Airbitz, a mobile bitcoin wallet, to enable a new generation of secure DAOs for bitcoin and other blockchains. The partnership provides WINGS DAO participants with Airbitz Edge Security to make private key management more frictionless and secure. Airbitz enables users to securely access blockchains using a frictionless, single sign-on while retaining control over their private keys and authentication. Developers can leverage the Airbitz open-source Edge Security SDK....
Bitcoin wallet and security solutions provider Airbitz recently announced a partnership with WINGS to integrate Airbitz’s Edge Security login to decentralize private key security and help make DAOs accessible to a wider development community. Airbitz and WINGS Partner to Secure the New DAO. Through the partnership, WINGS will implement sound processes for private key management, in turn making DAO participant actions more frictionless and overall increasingly secure. Airbitz’s blockchain-inspired, zero-knowledge data security solution enables end-users to securely access a multi-blockchain....
Wings is different in scope from the troubled Ethereum’s DAO. The new platform is seeking to achieve a different result by test driving its crowdfunding and DAO platform for the launch of new projects. After the completion of its backing campaign, Wings released the alpha version of its platform. The alpha version gives everyone a basic idea of how their systems will work and provides a way to receive feedback. This demonstrates its difference on the market. Some examples of this are enabling projects to be independent in tokens, smart contracts, backing campaign and governance structure.....
With the DAO fiasco and Bitcoin’s new strength, Ethereum is in the shade - but some are already anticipating a return to form, not just of Ethereum, but DAOs themselves. In fact, operators in the smart contracts space are even confident that DAO technology is only in its infancy, and that the best is still to come. DAO tech ‘still very young’. “The technology is still very young, and a lot of people really are just in the early stages of grasping the potential of such a new way of kickstarting and funding ideas,” Stas Oskin, core developer at DAO platform Wings.ai, told Cointelegraph.....