New DAOs are on the rise
At ETHDenver, the largest Ethereum hackaton in North America, special attention was paid to new DAO projects. By the way, many development teams have repeatedly tried to explain that DAO today is not the same vulnerable smart contract, which caused a serious shock to Ethereum and the appearance of Ethereum Classic in 2016.
DAO MetaCartel product was shown on ETHDenver. It is an idea successor of MolochDAO, one of the most popular DeFi projects in 2019. MetaCartel focuses on Ethereum values and rewards teams that hold similar values in turn.
According to the 15-year-old community organizer DAOstack Duarte from Brazil, DAO is rapidly evolving into something new. Soon, DAO will be able to have a serious impact on society. Thanks to the Genesis protocol, Duarte and his team are conducting meetings among a huge number of DAO development teams around the world.
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