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Topic: [ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal - page 36. (Read 66180 times)

legendary
Activity: 1190
Merit: 1004
newbie
Activity: 51
Merit: 0
$5.21MM

601,090 ETH so far

on day one.


This might be a bit overbought by the end

Maybe, but that's what I thought about ethereum crowdsale. At least you are pretty much guaranteed a 50% gain if you buy in early.
legendary
Activity: 1246
Merit: 1000
$5.21MM

601,090 ETH so far

on day one.


This might be a bit overbought by the end
legendary
Activity: 2226
Merit: 1014
mmm dont know what to say!  i am not 100% sure about!
hero member
Activity: 1008
Merit: 500
I'm thinking this will be very big, definately a unique concept that is very different to anything else, maybe it is the next decentralized business layer?
legendary
Activity: 924
Merit: 1000
You can now officially get your DAO tokens! https://daohub.org/index.html $2.38 million collected so far, pretty fascinating

Yep, there it is - and it's certainly got a ton of money.

Folks are looking for the next Augur, I guess.
sr. member
Activity: 1386
Merit: 250
1XBit.com
when it will be on exchanges?
at the end of token creation ( end of may )
newbie
Activity: 17
Merit: 0
DAOs are cool. I wish there was a bitcoin DAO. Anyone know any good DAOs? I found this one today https://bitcointalk.org/index.php?topic=1393209.new#new
legendary
Activity: 1190
Merit: 1004

Controlling the DAO
We currently have a centralized organization of "Curators/Rulers". We use these people as a fail-safe mechanism to directly prevent anyone other than ourselves from receiving the funds. Later on we will allow the DAO Token Holders to vote on these people. Rulers control the whitelist, the list of Contractors authorized to receive $ETH from the DAO.

View curators here: shown here https://daohub.org/curator.html


Do you have an idea for us to whitelist?
Submit a proposal: https://daohub.org/proposals.html




Is it weird that there are people who control what the DAO can do?


hero member
Activity: 784
Merit: 500
when it will be on exchanges?
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
hero member
Activity: 1008
Merit: 500
Sounds to me in essence like shares in a company. The shares give you voting rights for the company to do projects with its funding from the shares and profit is then distributed to the shareholders. Is this a fair comparison?

yupp. they sell as shares, and we hope the company becomes more valuable and therefore our shares become worth more Wink

This is not really correct, the DAO in essence has no link with slock.it, slock.it is designing the software, the DAO is a seperate entity entirely. The DAO will go through the process of hiring slock.it though, you need to read all the information to understand how it works effectively.

ahh ok, i admit i am a little fuzzy on the whole thing still, will have to read up more yes Wink

Don't worry, yes, it's very confusing since it's a new concept, it took me a few attempts to work out whats going on with it.


https://daohub.org/


Quote
The DAO

The DAO’s Mission: To blaze a new path in business organization for the betterment of its members, existing simultaneously nowhere and everywhere and operating solely with the steadfast iron will of unstoppable code.

Created Once. Endless opportunities.

DAOs will be at the center of many economies going forward and intend to be at the forefront of supporting innovative and promising projects, products and services in order to become 'The DAO': A flexible decentralized autonomous organization leveraging the wisdom of the crowds to benefit the DAO Token Holders.


Profits. Ethics. Technology.

The DAO is a for-profit DAO that will diligently use the ETH under its control to create value and provide benefits to its members while collaborating and improving the decentralised ecosystem as a whole.


Multiple Projects, Several Contractors

While there is a particular interest in the sharing economy and IoT applications of the blockchain, The DAO is not limited to these market verticals. It is open to exploring any and all new markets unlocked by blockchain technology.

The DAO’s Token Holders debate the viability and profitability of Proposals on or off-chain through its forums.

Manifesto

https://daohub.org/manifesto.html

Proposals

https://daohub.org/proposals.html

Principles

https://daohub.org/principles.html

Voting

https://daohub.org/voting.html

DAO Creation

https://daohub.org/creation.html

Terms

https://daohub.org/explainer.html

DAO Forums

https://forum.daohub.org/c/theDAO

legendary
Activity: 1218
Merit: 1006
Look like cool project, smart contracts are actually seems to be functional now. I have heard that we can use DAO to vote on company plan or something like that. Or Holding DAO will be like holding asset of company which will adopt DAO. Is this true?

If true will throw some money in this crown funding.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Sounds to me in essence like shares in a company. The shares give you voting rights for the company to do projects with its funding from the shares and profit is then distributed to the shareholders. Is this a fair comparison?

yupp. they sell as shares, and we hope the company becomes more valuable and therefore our shares become worth more Wink

This is not really correct, the DAO in essence has no link with slock.it, slock.it is designing the software, the DAO is a seperate entity entirely. The DAO will go through the process of hiring slock.it though, you need to read all the information to understand how it works effectively.

ahh ok, i admit i am a little fuzzy on the whole thing still, will have to read up more yes Wink
hero member
Activity: 1008
Merit: 500
Sounds to me in essence like shares in a company. The shares give you voting rights for the company to do projects with its funding from the shares and profit is then distributed to the shareholders. Is this a fair comparison?

yupp. they sell as shares, and we hope the company becomes more valuable and therefore our shares become worth more Wink

This is not really correct, the DAO in essence has no link with slock.it, slock.it is designing the software, the DAO is a seperate entity entirely. The DAO will go through the process of hiring slock.it though, you need to read all the information to understand how it works effectively.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Sounds to me in essence like shares in a company. The shares give you voting rights for the company to do projects with its funding from the shares and profit is then distributed to the shareholders. Is this a fair comparison?

yupp. they sell as shares, and we hope the company becomes more valuable and therefore our shares become worth more Wink
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
cool

but ugh, so complicated to get tokens

my thoughts too ;\  have to use ether, and can't use an exchange. there's no lite wallet for eth afaik so that means a 50gb dl just to invest?
legendary
Activity: 1638
Merit: 1013
Sounds to me in essence like shares in a company. The shares give you voting rights for the company to do projects with its funding from the shares and profit is then distributed to the shareholders. Is this a fair comparison?
hero member
Activity: 1008
Merit: 500
DAO and slock same project ?
where to invest ?

The DAO is not the same as slock.it, the DAO operates more like a hedgefund. You can read more on: https://daohub.org/
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
cool

but ugh, so complicated to get tokens
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