Big news for ETH supporters as the DAO finally launched and have their token traded for the first time. After a day of trading, it seems the DAO tokens closed trading under par. (ETH value). What went wrong?
If you ask me, the DAO is an ambitious project. It makes Macbeth look like Ben Carson by comparison. In order to understand it to any degree, first you will need to gather some things:
- A bottle of Jack Daniels
- The DAO whitepaper
- 10 cans of Red Bull
- 12 hours of free time, preferably in the dark
- some psychedelics
- 1 towel
Lock yourself into that dark place, and let nature take its course. If you need to, use the towel. After the elapsed time, you may emerge understanding DAO well enough to maybe want to put some money into it, or pray to it. At which point you really should stop what you are doing, and go to sleep (because let’s be frank here, you are probably drunk and hallucinating) and pick up again in a couple days time.