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Do you think they could have raised ~150 million USD by selling 12% of the existing ETH? I suspect $150 million couldn't be raised by selling all the ETH. It's
by hackcasual 10y ago
Do you think they could have raised ~150 million USD by selling 12% of the existing ETH? I suspect $150 million couldn't be raised by selling all the ETH.
It's disingenuous to take the current ETH-USD conversion rate based on a relatively low trading volume and imply that's what the DAO is worth, especially when so much ETH was bought so cheaply.