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
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