PROJECT The DAO, launched in 2016, was the first decentralized autonomous organization on the Ethereum blockchain, functioning as an investor-directed venture capital fund without central management. It utilized smart contracts to allow token holders to democratically vote on investment decisions, focusing on projects beneficial to the Ethereum ecosystem. It ceased activity after much of its funds were taken in a hack in June 2016, despite it is seen as a landmark project in the quest for decentralizing the governance of collective intelligence. 

TEAM The DAO operated without a traditional team, being entirely governed by its 18.000 stakeholders through a democratic process. Its foundational setup was supported by Ethereum community members, including blockchain developers who contributed to its smart contract infrastructure.

COMMUNITY GOAL The DAO aimed to revolutionize organizational governance by eliminating central management and using smart contracts for transparent, democratic decision-making. Its goals included funding innovative projects that would enhance the Ethereum network and deliver returns to its investors.

MEMBERS 18.000

IN SPHERE … (TOKENS UNAVAILABLE)

WEBSITE The DAO