Exclusive clubs called ‘DAOs’ are popping up online. What’s it all about? | Geoffrey Mak | The Guardian
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"Not every DAO mints its own currency, but ... Friends With Benefits,,, [has] $FWB... minted on the Ethereum blockchain... Membership: 75 $FWB... only one million $FWB tokens... When I first heard about Friends With Benefits this year, membership was already valued at $350. Today, it’s over $9,000."... like most DAOs, grants one vote per…

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