DAOs are the future VCs

Originally published at: https://dailyfintech.com/2022/09/19/73626/

I was just reading an article in Techcrunch about Orange DAO, a decentralized autonomous organization founded by alumni from YCombinator that raised $80 million to invest in early-stage startups. The organization has roughly 1,300 members and in the last nine months has invested in 90 startups. A DAO (“Decentralized Autonomous Organization”) is a blockchain-based structure…