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Shiba inu coin is launching the Doggy DAO to give enthusiasts voting power over crypto projects
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Shiba inu coin is launching the Doggy DAO to give users more power over the cryptocurrency.
In a blog post on ShibaSwap, the coin's developers said they're launching a decentralized autonomous organization — like the one that tried to buy the US Constitution — in order to give shiba inu holders voting rights over crypto projects and trading pairs, and how to distribute awards called $BONE.
The DAO will be launched in phases, with the beta version, dubbed DAO 1, launching in a few days. A DAO allows online communities, like the one behind shiba inu coin, to pool resources and coordinate around common goals. Its rules and voting initiatives are implemented via blockchain technology.
«This is a crucial first step, orienting
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