DAO – Part I

In this new series of videos, we are going to build a DAO (Decentralized Autonomous Organization) smart contract. The DAO was a revolutionary kind of investment fund implemented as an Ethereum smart contract, where investment decisions where voted by investors. Investment decisions and executions were done in the code, without any human. It raised 150 millions USD in 2016 and was the first popular smart contract on Ethereum. In this first video, I introduce how it worked, and how it differs from a traditional investment fund:

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