Definition
The first DAO. Created in 2016 to help investors gain exposure to Ethereum, it was hacked, and 3.6 million ETH was stolen ($50 million at the time). This led to the hard fork of Ethereum.
Status
The first DAO. Created in 2016 to help investors gain exposure to Ethereum, it was hacked, and 3.6 million ETH was stolen ($50 million at the time). This led to the hard fork of Ethereum.