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Cryptocurrency-funded groups called DAOs are becoming charities – here are some issues to watch

  • Written by Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY
Cryptocurrency-funded groups called DAOs are becoming charities – here are some issues to watchKimbal Musk, Elon's brother, has launched one of these new kinds of nonprofits.Michael Kovac/Getty Images for 'The Game Changers'

Cryptocurrency is becoming a more familiar way to pay for things.

One option is as part of a crowd, through a decentralized autonomous organization. In this relatively new kind of group, also called a DAO, decisions and...

Read more: Cryptocurrency-funded groups called DAOs are becoming charities – here are some issues to watch

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