The Economist: The ĐAO of Accrue

in ethereum •  9 years ago 

http://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao

New Economist Article: A new, automated investment fund has attracted stacks of digital money

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Eryone implying BM's Steem post :D

Schemes of this kind have not done well. The crowd may have wisdom, but not a lot of commitment. Similar but smaller vehicles operated by a firm called BitShares, for instance, are suffering from a lack of participation in votes, in large part because it takes time and energy to consider proposals.