Decentralized Autonomous Organization
The experimental blockchain city in Park County lost nearly $100,000 after a leader’s Discord account was hacked, compromising the investment of its “citizens.” Within a few months of a historic land purchase, the “city of the future on the Ethereum blockchain” in Park County is facing its first serious challenge. After infiltrating a Discord server,…
Park County makes cryptocurrency history, as a Decentralized Autonomous Organization becomes the first to buy a piece of land to create a city of the future. CityDAO is “an experiment in decentralized ownership of real-world assets,” in their own words. According to the group’s website, they finalized the purchase of their first physical asset in…
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