nother DAO (decentralised autonomous organisation, see last story, left) had rather more success in February. AssangeDAO, made up of around 10,000 supporters of Julien Assange, the Wikileaks founder, raised – an non-fungible token (NFT) digital artwork that counts the number of days since Assange was arrested in 2019. The DAO’s winning bid of 16,593 ether (a cryptocurrency then worth $52m) made the second-most expensive-ever NFT after Beeple’s $69.3m, sold in 2021. The proceeds went towards funding Assange’s legal fees.
The rise of DAOism
Jan 13, 2023
1 minute
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