WebDec 15, 2024 · A DAO, or decentralized autonomous organization, is a type of flat corporate structure organized using smart contracts and governance tokens. ... The DAO raised 12.7M Ether, worth around $150M at the time. On June 17, 2016, a hacker managed to exploit a few lines of code allowing the move of 3.6 million ETH, worth $70 million. ... WebNet Worth Post is a community of staff who provide in-depth knowledge to the amazing topics about USA. From our onset, we have focused on developing high quality grassroot …
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