A new, automated investment fund has attracted stacks of digital money

  • A new, automated investment fund has attracted stacks of digital money
  • Investors send digital coins (called “ether”) to the fund, which allows them to take part in votes on whether to put money in a given project.
  • Investors in the DAO can also withdraw money not committed to a project at will.
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  • If you believe that Ethereum is the future, it makes sense to invest in a fund that could increase demand for the currency-in particular if there are not many other ways to spend ether (the DAO, which will stop accepting new funds on May 28th, has already attracted nearly 14% of all ether ever issued).

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@GenesisBlockSE: “Even @TheEconomist has taken interest in #TheDAO #Ethereum #Blockchain #FinTech #CrowdFunding #DAO”


A new, automated investment fund has attracted stacks of digital money


A new, automated investment fund has attracted stacks of digital money