A Grant-Giving DAO is a decentralized organization that focuses on distributing funds or resources as grants to support various projects, individuals, or communities. These organizations operate on blockchain technology, allowing for transparency and community governance.In a Grant-Giving DAO, members usually participate in decision-making processes through voting. Proposals for funding can be submitted by anyone, and the community decides which projects receive support. This participatory approach encourages diverse ideas and fosters innovation.Funding is often sourced from donations, treasury funds, or community contributions. The decentralized nature ensures that power and decision-making are distributed among members rather than concentrated in a few hands. This can lead to more democratic and equitable funding outcomes.By leveraging smart contracts, Grant-Giving DAOs can automate parts of the funding process, ensuring that grants are released based on specific conditions or milestones. Overall, these organizations aim to empower individuals and projects that align with the community’s values and goals.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the