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Podcast: Financierpro Podcast
Episode: What Was the Famous DAO Heist?
Description: The DAO (Decentralized Autonomous Organization) was a smart contract platform built on the Ethereum blockchain that was launched in 2016. The DAO was created to be a decentralized investment fund that would allow its members to vote on proposals for how the funds should be invested. The DAO was revolutionary in that it was fully decentralized and operated entirely on code, meaning that there was no central authority or management team controlling the organization.
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