AssangeDAO concludes raise with $53M to help Julian fight for freedom
The AssangeDAO pulled in 17,422 Ether from 10,000 people, with the funds set to be used to win the NFT auction that is supporting Assange’s legal battles. The Decentralized Autonomous Organization (DAO) supporting Wikileaks founder Julian Assange’s legal plight has concluded its raise, generating a whooping 17,422 Ether (ETH) worth roughly $53.7 million. As previously reported by Cointelegraph, the AssangeDAO intends to use the fund to bid on a one-of-one NFT from a drop called “Censored” by digital artist Pak in collaboration with Assange. The proceeds of the sale will go towards....
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Donations to support Julian Assange’s fight for freedom have been pouring in over the weekend. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition. He is currently locked up in a London prison where he has been since 2019. Donations started rolling in on Feb. 4 according to JuiceBox, the community....
Founded in early February 2022, AssangeDAO has embarked on a mission to raise capital and pay for the legal fees related to the case of Julian Assange. The WikiLeaks founder spent several years on the Ecuadorian Embassy in the United Kingdom, trying to escape the U.S. Government. Related Reading | How Crypto Payments Will Be […]
A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has raised $7.5 million in ether and the funds will be used to help with Assange’s legal fees and raise public awareness about his case. Assangedao Raises Nearly $6 Million to Help Fund Julian Assange’s Legal Efforts and Shine a Light on the Systemic Failure of Our Justice Systems. A decentralized autonomous organization (DAO) has been created that aims to help Julian Assange gain....
The Pacific Island state, long keen to adopt blockchain technology, recognizes decentralized autonomous organizations, or DAOs. The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed blockchain projects formal recognition on the global stage. DAOs, which are blockchain-based entities governed by self-organizing communities, have attained legal recognition in the Marshall Islands after the country passed the amended Non-Profit Entities Act 2021.....
In an exclusive interview with Cointelegraph, AssangeDAO’s core members explain how a decentralized autonomous organization could obtain the release of Julian Assange. “DAOs, in a way, they are are a very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system,” said Silke Noa, core member of AssangeDAO, which recently raised $53 million in support of WikiLeaks founder Julian Assange. According to Noa, the fundraising campaign was “a huge success” that showed the power a decentralized autonomous organization can have in impacting....