Tag: DAO

DAO has no CEO, no employees, no mission might raise $200 million

Written by Reuters on May 18, 2016 in News with 0 Comments

NEW YORK (Reuters) – A virtual company created using a computer code could raise $200 million when it ends its fund-raising campaign next week, according to the founder of the firm that wrote the code for the new digital enterprise. The company is called DAO, which stands for Decentralized Autonomous Organization. It is run on the […]