Digital money driven by the power of the Internet is going to upset traditional finance much like the online sharing economy is transforming the taxi and hotel industries. Cryptocurrencies like Bitcoin are the first examples of a wave that’s gradually building and that has the potential to radically democratize the world of finance. The Decentralized Autonomous Organization has launched a virtual venture capital fund with only digital money. The initiative has raised $150 million in no time while the legal position is far from clear.
A crowdfunded venture fund with $150 million virtual capital challenges investing as we know it
More of Today's Solutions
How robots and drones are cleaning the ocean floor across Europe
BY THE OPTIMIST DAILY EDITORIAL TEAM Most ocean cleanup efforts work on the same assumption: the problem floats. Skim the surface, collect the plastic, ...
Read MoreHummingbird migration 2026: when they’ll reach your garden and how to get ready
BY THE OPTIMIST DAILY EDITORIAL TEAM Right now, somewhere over the Gulf of Mexico, a hummingbird that weighs less than a nickel is crossing ...
Read MoreThrills and chills: how horror films can improve your mental health
The mere mention of legendary horror films such as "The Exorcist" and "Silent Night, Deadly Night" conjures up images of terror and revulsion. But ...
Read MoreIrish town’s Smartphone ban offers blueprint for digital balance and ki...
The daily quandary of when to introduce smartphones to tweens resonates with parents worldwide. Greystones, County Wicklow, in Ireland, however, didn't just grapple with ...
Read More
