Abstract
The DAO, the world’s first “distributed autonomous organization” was founded on May 15, 2016. In just a few weeks, the investment fund managed to bring in USD 119.5 million from more than 50,000 investors. The DAO was not only the biggest crowdfunding campaign of all times, it was also ground zero for the biggest cybercrime in IT history. Just a month after its launch, hackers succeeded in siphoning USD 50 million out of the fund.
Cite
CITATION STYLE
APA
Hofer, P. (2018). The DAO Case—Block Chain Technology Based Knowledge Intensive Business Models (pp. 359–366). https://doi.org/10.1007/978-3-319-73546-7_22
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