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First US DAO to battle SEC without lawyers
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First US DAO to battle SEC without lawyers

In its 2021 SEC filing, the DAO listed its native, interdependent tokens — the stablecoin Ducat and governance token Locke. The regulator has started the process of issuing a stop order, citing a slew of issues with the registration. American CryptoFed plans to file a motion to extend the deadline for responding to the SEC's Order Instituting Administrative Proceedings.

Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
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Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization

Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization.

Koris: A Smart Contract-Based Platform
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Koris: A Smart Contract-Based Platform

Koris provides an end-to-end operational framework for DAOs to administer communities. On Jan. 17, the WEF released a toolbox supporting DAOs.

Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects
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Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects

Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform

Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized
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Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized

Chainalysis research study shows that most DAOs are not actually decentralized as they are intended to be, instead, they are normally controlled by a few founder members. In fact, they are designed to prevent an accumulation of power by a few members.

SushiSwap CEO Proposes New Token Model
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SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

ApeCoin DAO Signs Off on a $4.4M Bug Bounty
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ApeCoin DAO Signs Off on a $4.4M Bug Bounty

ApeCoin DAO has agreed to launch a $4.4M bug bounty on ImmuneFi

FlamingoDAO NFT Portfolio Valuation Touches $1B
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FlamingoDAO NFT Portfolio Valuation Touches $1B

FlamingoDAO's NFT portfolio is now worth an estimated $1 billion, DAO's members and reports from Forbes confirmed.

Ondo Points Program Launches
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Ondo Points Program Launches

Ondo Foundation's new Ondo Points program and ONDO token unlock plan mark significant steps in community engagement and token utility in the DeFi sector.

Metaverse Giants Collaborate to Form DAO Metaverse Alliance
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Metaverse Giants Collaborate to Form DAO Metaverse Alliance

Metaverse developers have collaborated to form the DAO Metaverse called "Open Metaverse Alliance for Web3" (OMA3), aiming to provide enterprises with new decentralized business models.

US SEC Halts American Cryptofed DAO’s Registration for Digital Tokens
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US SEC Halts American Cryptofed DAO’s Registration for Digital Tokens

The US regulator stopped American Cryptofed DAO based on the ground that the firm failed to register its two digital tokens “Ducat” and “Locke” as securities.

Uniswap (UNI) Proposes Governance Upgrade to Incentivize Delegation and Protocol Growth
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Uniswap (UNI) Proposes Governance Upgrade to Incentivize Delegation and Protocol Growth

Uniswap Foundation's new governance proposal aims to activate protocol governance by incentivizing token holders through staking rewards.

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