DAO 100 Million
So the DAO has officially crossed the 100 million usd mark.
What are they possibly going to do with all that money?
There are almost a BILLION DAO tokens. What does that even mean for wanted to start up a DAO? The only reference point I can think of is using the number of corporations in existence and divvying 1 billion tokens amongst that number to get a basic idea of what the value of one could be.
It's going to be really interesting to see who remains in the DAO if the value of ETH shifts so much. Having over 10% of eth tied to the dao is unheard of.
Note the puMp on Polo to artificially inflate it past 115 Million to make it the largest crowdfunding exerciser so far.... price of ether was carefully manipulated the entire week-end to enable the puMp if necessary
Do you think the prices will hold?