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DAO
Friends With Benefits DAO Mayor on $100M Valuation and Bridging Culture and Crypto
Alexander Zhang, mayor of the crypto social club Friends with Benefits DAO, discusses its goals of establishing a space where culture and crypto can intersect, and venture capital firm a16z’s $10 million funding which values the DAO at $100 million.

Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs
Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance.

Larry Ellison’s SailGP and Near Protocol to Create a DAO for Sports Team Ownership
Members of the decentralized autonomous organization will be able to determine athlete selection, team management and team strategy.

Lemonade Is Working With Avalanche, Chainlink on Weather Insurance for Farmers
A newly formed DAO backed by the Lemonade Foundation will roll out permissionless weather insurance to African farmers later this year.

India’s Crypto GST Plan; Australia’s Crypto Reforms
South Korea’s preparations for imposition of FATF travel rule heat up. India considers GST on crypto transactions. Australia’s Senator Andrew Bragg warns of existential threat from DAOs. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Andrew Yang Launches GoldenDAO For AAPI Advancement
Former U.S. presidential candidate Andrew Yang has launched a new decentralized autonomous organization (DAO) called “GoldenDAO” for social activism dedicated to Asian American and Pacific Islander (AAPI) issues. ”The Hash” hosts discuss the use cases of DAOs and their community ethos for social justice initiatives and fundraising.

Without Robots, DAOs Will Never Progress Beyond Their Current Level
Artificial intelligence would eliminate human error from current DAO models.

Andrew Yang Wants Web 3 to Prove the Haters Wrong
With a pair of new DAOs, is Andrew Yang crypto’s political darling?

Why This 111-Year-Old Investment Firm Is Launching a DAO
Bessemer Venture Partners sees it as the most crypto-native way to support founders.
