A new DAO dedicated to purchasing fast-food restaurants called FriesDAO has raised more than $5.4 million to achieve the goal.
and the subsequent hack that followed, DAO concepts have grown in popularity and security seems stronger.
Basically, a DAO is automated, decentralized, and operated by the community’s blockchain governance system. A DAO’s native token is typically leveraged to be used as a stake in governance voting processes, and for paying for goods, services, and future goals.is attempting to leverage the DAO idea to purchase fast food properties. The project describes itself as a “decentralized social experiment where a crypto community builds and governs a fast-food franchise empire.
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