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PeopleDAO is not a DAO. Calling an organization a DAO does not make it a DAO. An actual DAO cannot hold title to property, meaning it is impossible to steal any
by matt_langston 4y ago
PeopleDAO is not a DAO. Calling an organization a DAO does not make it a DAO. An actual DAO cannot hold title to property, meaning it is impossible to steal anything from a DAO.
PeopleDAO held title to property (in the form of Ethereum tokens that were allegedly stolen), making it a club of sorts, but not a DAO.