The Colossus of DAO

Artwork #6

Illustration: Albino-Z

Prints: 1
Blockchain: Klaytn

 

A depiction of the infamous “The DAO” project. The colossus was supposed to be invincible, powered by Ether holders. The artwork was released just a day before The DAO got hacked.

DAO is an abbreviation standing for  “Decentralized Autonomous Organization”. Its goal is to create a structure with decentralized control, without people or groups governing the organization. Thus it was trusted to be uncorruptible. 

“The DAO” is the name of a particular DAO, launched on 30th April, 2016, with a 28-day funding window.

The DAO got very popular and by the end of the funding period, it was the largest crowdfunding in history, having raised over $150m from more than 11,000 backers, far more than expected. In mid-June 2016, an unknown person or group attacked The DAO, exploited a software vulnerability, and started draining Ether, from the main address where it was stored. 

Several possible responses to the attack were discussed and voted on, finally resulting in the Ethereum hard fork and creation of Ethereum Classic. The project itself, as well as the final response to the attack, are still controversial.

The Colossus of DAO

Artwork #6

Illustration: Albino-Z

Prints: 1
Blockchain: Klaytn

 

A depiction of the infamous “The DAO” project. The colossus was supposed to be invincible, powered by Ether holders. The artwork was released just a day before The DAO got hacked.

DAO is an abbreviation standing for  “Decentralized Autonomous Organization”. Its goal is to create a structure with decentralized control, without people or groups governing the organization. Thus it was trusted to be uncorruptible. 

“The DAO” is the name of a particular DAO, launched on 30th April, 2016, with a 28-day funding window.

The DAO got very popular and by the end of the funding period, it was the largest crowdfunding in history, having raised over $150m from more than 11,000 backers, far more than expected. In mid-June 2016, an unknown person or group attacked The DAO, exploited a software vulnerability, and started draining Ether, from the main address where it was stored. 

Several possible responses to the attack were discussed and voted on, finally resulting in the Ethereum hard fork and creation of Ethereum Classic. The project itself, as well as the final response to the attack, are still controversial.

Prints

AUCTION SALE: Make an offer to buy this NFT. The highest offer will get this Orb on Thursday, June 17th, 11am CEST (GMT +2).

Crystal Collection

Crystal Collection is a unique NFT collection of original artwork “prints”, charged with a significant historical value. Crystal Collection was created by EverdreamSoft (EDS) the company behind one of the first blockchain games – Spells of Genesis (SoG) – funded by one of the first ICO back in 2015.

In this collection, EDS retraces some of the most important events and projects from the blockchain history, using original artworks initially created to be part of the first blockchain tradable cards in SoG.

Each artwork is minted in a limited number of “prints” (1 to 15), each numbered print is attached to an NFT. The artworks are minted on different blockchains.

Artwork series and # of prints

Artwork series: Each artwork series has its number. “The Box of Precious GEMZ” is the artwork series #1. Other artworks will be revealed progressively, not necessarily in chronological order (i.e. the artwork #2 will not automatically be sold as the second one, but may be unveiled later).

Print number: Each artwork series contains a limited number of units – “prints”. The prints are numbered, e.g. “print 1/2” designs the print #1, out of the total of 2 units.

Creation date: The creation date is the date of the creation of the artwork – the illustration (also called asset).

Issuance date: The issuance date indicates the date when this print was minted – issued – as an NFT (Orb).

Blockchain symbol: The artworks in Crystal Collection are issued on different blockchains. The symbol indicates the blockchain this particular print was issued on.

Klaytn blockchain

Klaytn

Klaytn is Kakao’s global public blockchain project. It combines features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient ‘hybrid’ design.