Apparently according to a CoinDesk article the DAO guys are creating a new DAO (Decentralised Autonomous Organisation) - A Charity DAO.
Here is the link for the Coindesk Article:
http://www.coindesk.com/dao-developers-launching-new-dao/
Christoph Jentzsch published a blog post discussing the plans here. Ironically the post is low on details but does discuss the problems with the "trust" charities:
Trust in charities is at all time low.
Yes it is almost as low as the trust in the developers of the Slock.it DAO. Oh wait that was you.
Charities have a public image problem,
Er OK but so do you.
Earlier this year, The DAO demonstrated a huge interest in the experimental concept of decentralized governance (~10–15k users giving circa~ $150M). It failed due to a bug in the software, but nevertheless, it attracted mainstream media attention.
No it failed because there was a bug and you ignored all the warnings about it but let's not flog that dead horse. You all get the point. It might be funny if it wasn't such a massive disaster for the image of cryptocurrencies.
Ethereum has still not fully recovered.
(If you are unfamiliar with THE DAO - you can read more about it here.)
Isn't this a bit too soon?
Whilst I think everybody deserves a second chance there is such a think as trying to revive something too soon.
I will be steering well clear but what do you think?
Have your say in the comments as always.
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