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DAO
Decentralization, Equity, and Purpose: The Triad for DAO Evolution
CoinDesk Web3 Reporter, Cameron Thompson, outlines key insights the Consensus @ Consensus Report on DAOs: The imperative to shun 'decentralization theater', address prevalent voter apathy with the principle that 'each member of the DAO should have one vote', and the pivotal call for DAOs to engage in 'solving real-world problems' with Web 3.0 technologies, beyond just capitalizing on the hype. These key takeaways set the tone for the future discourse on DAOs.

Exploring the Way Forward for DAOs
CoinDesk is covering a wide range of pressing issues for the digital assets industry this week based on conversations held at Consensus 2023. CoinDesk Web3 reporter Cam Thompson joins "First Mover" to share insights into the Consensus @ Consensus Report, discussing the future of decentralized autonomous organizations (DAOs) and governance.

MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.

Coliving Project Cabin Wants to Put Digital Nomads in Nature
Cabin just announced plans for the first “network city,” a global alliance of self-governing neighborhoods accessible to “citizens'' who hold NFTs.

LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

Tornado Cash’s TORN Token Rises After Attacker Proposes to Undo Attack
The Tornado Cash token (TORN) rose after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s (DAO) governance state looks to reverse the malicious changes. "The Hash" panel discusses the outlook for the governance of Tornado Cash's DAO in the latest DeFi exploit making waves in the crypto space.

Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course
To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection.

Hector Network Fight Focuses on Efficacy of DAO Governance
Community members of decentralized finance (DeFi) project Hector Network met on Discord early Thursday to discuss its possibly more centralized future. On hand was project leadership, a lawyer, and tens of HEC token holders – many of whom were skeptical of a plan they feared would dilute their influence over how Hector runs. CoinDesk attended the call. "The Hash" panel discusses the key takeaways and the legal considerations of internet-native organizations.

Hector Network Fight Centers on Efficacy of DAO Governance
The Olympus DAO fork is debating whether to tack on some of the hallmarks of a conventional corporation – something critics view as antithetical centralization.

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.
