Aragon Scraps Planned Community Control of $200M Treasury Amid Battle With Activist Investors
The Aragon Association on Tuesday canceled its plans for holders of its ANT token to wield broad voting powers over everything from strategic direction to a $200 million treasury, dealing a major blow to the DAO-focused Ethereum startup’s transition to a decentralized autonomous organization. CoinDesk's Managing Editor for Data and Tokens, Danny Nelson, joins "The Hash" panel to discuss the latest developments.
Inside the First Ever Fan-Owned SailGP Racing Team
SailGP’s racing team is formed by 1,950 fan owners who created a DAO that makes decisions on everything from the team to approving brand deals. They are officially underway for their season 4 debut in June. Fan-Owned Sail Team LLC founder David Palmer shares insights into the first global league to embrace DAOs and what the future holds for sports and governance.
How a Fan-Owned Racing Team for SailGP Aims to Transform Competitive Sports
SailGP's fan-owned racing team has 1,950 fan owners who form a DAO. These owners make decisions on everything from the team to approving brand deals. Fan-Owned Sail Team LLC founder David Palmer shares insights into the DAO's operation.
Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors
The Swiss organization alleged investors including Arca were mounting a 51% attack.
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position.
Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT
The leader of SpartacusDAO is barred from touching $35 million in investor funds until he starts working with the court.
Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault
Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable sway.
Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’
Offchain Labs CEO Steven Goldfeder took pains to differentiate his company, which built Arbitrum, from the newly created Arbitrum DAO that now controls it.
PancakeSwap's DAO Voting for 'Aggressive Reduction' of CAKE Token Inflation
So far, 70% of the community votes have been in favor of reducing block rewards drastically over the next few months.
Abu Dhabi's Financial Free Zone Proposes Legal Framework for Decentralized Economy
The proposals target projects built on distributed ledger technology and aim to provide clarity on governance structures and disclosures.
