Post
Topic
Board Altcoin Discussion
Re: Will FireDAO make a difference in the altcoins ?
by
Hiveonm
on 05/03/2023, 09:57:49 UTC
"I haven't heard of this project, nor have I seen any promotion. Currently, social DAOs are in the early stages of development, and I don't think the DAO organizations in the market are very mature yet. Regarding soul binding, I think it is still uncertain whether it is a good direction. If I bind my identity to a blockchain, every action I take, such as buying something, will be recorded on the blockchain and made public to the entire network. My consumption capacity, my transfer income, will this not attract a lot of fraud, blackmail, or other troubles? Personally, I think the risk is still very high."