The Promise of DAOs, the Latest Craze in Crypto

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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 DAO.

    To this day, it still trades for ~10X its initial value on Uniswap: 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.

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NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

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