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Fun fact: after the DAO had essentially folded, the $PEOPLE token folks were left holding could be traded for more than 10X the value it cost to go in on the DA
by cdata 5y ago
Fun fact: after the DAO had essentially folded, the $PEOPLE token folks were left holding could be traded for more than 10X the value it cost to go in on the DAO.
To this day, it still trades for ~10X its initial value on Uniswap: https://info.uniswap.org/#/tokens/0x7a58c0be72be218b41c608b7fe7c5bb630736c71 https://info.uniswap.org/#/tokens/0x7a58c0be72be218b41c608b7...
Anyone who bought more than ~$50 of DAO tokens before the auction could stand to make a profit on the aftermarket even accounting for gas fees.
In case it needs to be said: this all seems crazy to me, but it is what it is.
- ShamelessC 5y ago"I don't want to live on this planet anymore."