BitMEX Blog

July 28, 2023

This essay will delve into my ideas on how AI DAOs will fundraise and why Decentralised Exchanges (DEX) will ultimately be venues on which new AI DAOs trade. Because the state can’t exert control over DAOs, DAOs will fundraise and trade debt, equity, utility, etc. As a result, the price of ETH should skyrocket in anticipation if this AI DAO hypothesis is widely believed. Middleware layers that help visualise the accounts of AI DAOs will be created and be essential to well-functioning AI DAO capital markets. Let’s get specific about how POET tokens could be traded on the hypothetical global DEX on which DAO tokens are traded.

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