Over 2,300 registered DAOs manage a total of $17.7 billion worth of assets

Decentralized autonomous organizations (DAOs) are one of the most popular DeFi protocol governance methods. Data from DeepDAO shows that currently over 2,300 registered DAOs manage assets worth a total of $17.7 billion.

Data: Number of MUA Boarding Pass Holders Exceeds 50,000

According to official sources, MUA DAO announced that the number of MUA Boarding Pass holders has exceeded 50,000 people.It is reported that Metaverse Universal Assets (MUA) is a DAO aimed at achieving true adoption of the metaverse.

Data: The Number of Addresses Held by MUABoardingPass Exceeded 20,000

MUA DAO announced that its MUABoardingPass holders have exceeded 20,000. It is reported that Metaverse Universal Assets (MUA) is a DAO aimed at achieving true adoption of the metaverse.

Berlin-based proptech startup dao secures €1.5m in pre-seed funding to expand operations and development efforts.

Berlin-based proptech startup dao has secured €1.5m in pre-seed funding from investors including wefox's Julian Teicke and Kaufland e-commerce's Gerald Schönbucher. The funds will be used to expand the company's operations and development efforts. Co-founded by Jona Schaeffer and Mavi Teicke, dao uses AI to automate administrative tasks such as contract handling and bookkeeping, and combines technology with operations to provide property management services.

Arrests of Core Members of Chinese DAO Raises Concerns About Legal Risks and Future Regulations

Several core members of a well-known Decentralized Autonomous Organization (DAO) in China have been arrested for issuing tokens and incentivizing members, which has led to a police investigation. This could be the first instance of a DAO being implicated in criminal activity in China. The founder of the ManKun Law Firm has highlighted potential legal risks in two areas for the development of DAOs in China: fundraising and securities, and the structure of some DAOs.

Former BitMEX CEO Arthur Hayes predicts AI-powered DAOs will revolutionize economic entities

Arthur Hayes, former CEO of BitMEX and current CIO of Maelstrom, has stated that AI-powered DAOs (decentralized autonomous organizations) will transform the way economic entities are structured and funded. Traditional company structures are not well-suited for AI-driven entities, which do not have physical bodies and cannot be coerced or punished by state-enforced contracts. Instead, AI DAOs will use smart contracts on public blockchains to provide services for a fee, allowing them to be self-governing and enforce their own rules. Hayes predicts that DAO capital markets will become the first truly global markets, with decentralized exchanges dominating the trading of various DAO-issued tokens. He believes that the future AI-powered economy will grow into a market of trillions of dollars within the next decade, leading to a surge in the price of Ethereum's native tokens.

Israeli Government Forms Team to Regulate Decentralized Autonomous Organizations

The Israeli government has established a special team to study the regulation of decentralized autonomous organizations (DAOs) and will be seeking public input on the matter until September. The team will be led by the Chief Economist at the Ministry of Finance and the Head of the Corporations and Capital Market Cluster at the Ministry of Justice, and will examine the uses and decision-making processes within DAOs. The team will also explore the use of native crypto tokens and associated risks in these organizations to provide regulatory clarity. The public can submit comments on the government's plans until September 3rd. Israel has been working on initiatives to regulate the crypto sector, including axing capital gains taxes for foreign crypto investors, but has also implemented stricter measures for certain crypto, such as stablecoins.

Meta Defender: can DeFi insurance effectively address structured risk in the DeFi market?

Meta Defender is a decentralized insurance protocol built on the blockchain. It is compatible with the most popular EVM and Substrate frameworks and is designed to insure users' transactional and non-transactional assets on the blockchain.
Meta Defender: can DeFi insurance effectively address structured risk in the DeFi market?

Aave Companies Proposes Launching Decentralized Stablecoin GHO on Ethereum Mainnet

Aave Companies has suggested launching the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet through Facilitators, which would allow users of Aave version 3 to mint GHO against their collateral. The proposal aims to make stablecoin borrowing on Aave more competitive and generate additional revenue for the DAO by providing 100% of the interest payments made on GHO borrows to the DAO treasury.