
‘DAO with a twist’: Pewnicorn Social Club launches
The Pewnicorn Social Club is an Infinite DAO that runs like a company. It cultivates the community of a club while taking on projects & activities that make money, paid directly to the treasury.
The Pewnicorn Social Club is an Infinite DAO that runs like a company. It cultivates the community of a club while taking on projects & activities that make money, paid directly to the treasury.
In his presentation at the ICICT 2019, nChain Chief Scientist Dr. Craig Wright explains the concept behind decentralized autonomous corporations (DACs). The idea behind DACs is essentially not to allow centralization and have things in multiple areas, while also getting rid of failure points.
The award was given in February following the ICICT 2019 conference in London, in recognition of Wright’s work on Decentralized Autonomous Corporations.