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Hype or Opportunity? Meme Coin Shiba Inu Is Launching a DAO

Meme coin Shiba Inu has launched a beta version of a decentralized autonomous organization (DAO) to give users more authority to decide on crypto projects. Is this an opportunity to participate in governing or just another way to hype up the coin? DAOs are having a big moment but it creates more organizational challenges, co-host Adam B. Levine says. As he defines them, DAOs are "big piles of money with a purpose attached to it."