Thursday, April 25, 2024

DAO News

Moonbirds promises to store NFT art ‘in chain’ while Raising $50M in funding

The Moonbirds NFT collection is being shifted completely "in chain" by PROOF, the private community behind the collection. Keeping an NFT "in chain" means generating it completely from the underlying smart contract, without using an off-chain storage provider.

Investment DAOs: what are they and how do they work?

Decentralised autonomous organisations are still in the beginning stages. However, the model is promising. As soon as the legal and regulatory challenges are resolved, investment DAOs could replace traditional venture capital firms.