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What would be pretty cool is a DAO that takes in money and models, auto invests, and pays out to investors and data scientists. I don't really know enough abou
by siliconc0w 9y ago
What would be pretty cool is a DAO that takes in money and models, auto invests, and pays out to investors and data scientists. I don't really know enough about Ethereum to see if that is possible to encode into a smart contract.
- Jabanga 9y agoDefinitely possible. Conceptually you're just debundling the roles into discrete tasks with automated mechanisms that assign those tasks and reward completion of them. The problem is that it's a complex undertaking to build it, because a lot of the building blocks have to be invented, and they have to be built to the highest standards, both in terms of efficiency, given the cost of Ethereum computing resources, and in terms of security, given the underlying platform is immutable and does not allow reversals of hacks.