It definitely takes a serious effort to follow the trends in the crypto money industry. A new trend emerges in the industry almost every week and the world of DeFi is changing rapidly.
As the world of DeFi was changing rapidly, DeFi applications emerged first, then NFTs, followed by metaverse projects and now DAO projects. Decentralized autonomous organizations, namely DAOs, can actually be defined as the community coming together to build something.
ConstitutionDAO, which was recently launched to purchase the first written version of the US Constitution, unfortunately narrowly missed it. Despite this, over $40 million in funds was raised.
Now, the DAO project, which is on the agenda, is transferred as CityDAO. CityDAO, for which Vitalik Buterin also received “citizenship”, officially made a land purchase in the Wyoming region of the USA. CityDAO citizenship, which has been circulating for days at a price of 0.25 ETH, is actually a blockchain-based record that technically indicates involvement in this project. It is seen that the bottom price of CityDAO citizenship sales has increased to 2 ETH in a short time like 1 week. This shows that in a very short time, the right to citizenship has been valued 10 times.
Of course, another important factor driving this madness was the laws within Wyoming.
*Not Investment Advice.