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Ok, I have read the page at https://daohub.org/ https://daohub.org/ and I still don't know what "the DAO" is? Is it a blockchain-centred crowdfunding platform?

• opticalflow 10y ago
  This looks to me like something on the order of convertible warrants based initially on bitcoin/Ethereum, which convert to DAO tokens. DAO tokens appear to be some sort of collective ownership of "crypto assets" whatever THAT means. The website reminds me of a horse with peanut butter in his mouth -- his lips are moving but not much is being said...
• splintercell 10y ago
  > Is it a blockchain-centred crowdfunding platform? Yes. It's a blockchain powered crowdfunding platform. Except it isn't just a medium to pre-order cool projects online(like Kickstarter is).
  • kang 10y ago
    No this is not crowdfunding over blockchains. This is just someone putting up an address to collect money and issuing homemade tokens.
    • zeven7 10y ago
      Haha, you really think that's all it is and they were able to convince people to send them $100 million to that address?