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HomeCrypto NewsAbracadabra DAO Eyes Centralized Structure for Entity Behind MIM, SPELL Tokens

Abracadabra DAO Eyes Centralized Structure for Entity Behind MIM, SPELL Tokens

In a forum post, a project leader called on Abracadabra DAO to support a “transition of power” to a centralized entity complete with lawyers, jurisdictions and trustees. Those trappings of a traditional corporation are seemingly antithetical to the notion of a DAO, the form of crypto-based business governance in which token holders directly call the shots.

www.coindesk.com

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