Vitalik Has a New Idea for ICOs – And It’s Being Tested

According to ethereum creator Vitalik Buterin, investors need more control over ICOs. One of the early thinkers to shape the crypto funding mechanism concept, he hasn’t quite put the idea aside, last month proposing it could be combined with a decentralized autonomous organization (DAO) to best allow investors to have a say in how money raised gets handled.

Flash forward to today and what Buterin called a «DAICO» is already being developed, with gaming startup The Abyss building its own version for its upcoming token sale.

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