Post
Topic
Board Altcoin Discussion
Re: The DAO
by
Ab-Soul
on 04/06/2016, 00:08:50 UTC
I'm gonna give you ELI5: It has voting futures for new projects. Investors put Ether to buy DAO and get voting right. If the project is accepted by voters (DAO holders), Ethers in the DAO will be used to fund that project.