Sublime

Collective asset management DAOs are seeded with some initial capital in the form of governance tokens and assets used to buy governance tokens. The initial treasury of a DAO consists of 500 governance tokens and 100 ETH if it mints 1,000 governance tokens and sells 500 for 100 ETH to genesis members. When a DAO grows in terms of users or cash flow... See more

A DAO is a fully autonomous organization that is not governed by a single person but is instead governed through code. This code is based on smart contracts and enables DAOs to replace how traditional organizations are typically run. As it runs on code, it would be protected from human intervention and will operate transparently. There would be no

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