Bright Moments, the DAO-driven roving NFT art festival, has arrived in Tokyo, offering attendees a live experience of minting generative Ethereum NFT artwork. The festival spans multiple locations, three different digital art collections, and dozens of notable artists. The centerpiece is a custom arcade game cabinet that allows up to 1,000 attendees to mint a CryptoTokyoite, one of 10,000 total pixel avatars serving as membership passes to the Bright Moments DAO. The venue also offers a Suntory bar, an AI booth, and a vending machine paired with a contraption that shoots out fog rings. The event hosts a Japanese Contemporary collection and the AI Art Collection, featuring new works from 11 artists producing AI-assisted artwork. Bright Moments has previously been held in New York, London, and Mexico City, and the festival will travel to Buenos Aires in October before returning to Venice Beach next year.

PublicAI is a decentralized marketplace focusing on AI data annotations, leverages blockchain technology to deliver a trustless and cross-border labor market being strategically incentivized by crypto economics and having instant cross-nation payment settlements.

Find out the legal dangers of DAOs, and how to stay on the right side of the law while balancing Innovation and compliance in decentralized organizations.

Decentralized governance project Aragon banished at least half a dozen community members from its town square this week as a discussion of the project’s finances turned sour and tipped into conspiracy.

Artificial Intelligence (AI), blockchain, and Decentralized Autonomous Organizations (DAOs) are three of the most transformative technologies of our time.

One of the biggest events in crypto took place as major figures in the crypto industry met in Tokyo, Japan, for DAO Tokyo 2023. This happened as the country continues to embrace cryptocurrencies, and HedgeUp (HDUP) positions itself to gain a foothold in Asia.<a href="https://hedgeup.io"></a>

Arbitrum Co-Founder and Offchain Labs CEO Stephen Goldfeder said that communication in the lead-up to a failed proposal earlier this month that aimed to return 700 million ARB governance tokens had been less than ideal.

The Utah State Legislature has passed the Utah DAO Act, which grants legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the state. DAOs are not recognized as legal entities by default, and giving them legal status in Utah could help clear up regulatory concerns. The Act allows DAOs to become a legal entity, apply for a tax ID number, open a bank account, own property, deal with non-DAO businesses, run payroll, and exist in the ‘real’ world as opposed to on-chain only. The new law also recognizes the importance of DAO-compliant anonymity and provides certain protections for organizers and operators of DAOs. The Utah DAO Act is expected to have an impact on the tax treatment of DAOs, enabling them to operate legally and avoid accruing massive tax liabilities. Lawmakers and task force members hope that the law can attract DAOs from overseas and make the state more competitive for Web3 development.

Decentralized autonomous organizations (DAOs) are a new form of digital entities that operate without a central authority or hierarchy.

The Abu Dhabi Global Market's (ADGM) Registration Authority is seeking feedback on its proposed legislative framework for distributed ledger technology (DLT), targeting disclosures, liquidation, and governance structures. The proposed "DLT Foundations Regulations 2023" aims to set up a tailored legislative framework that considers "features of foundations that might be attractive to developers of DLT projects," which include decentralized autonomous organizations (DAO). The proposals also cover reporting, disclosures and publication, as well as insolvency and liquidation measures. The Abu Dhabi and Dubai emirates of the UAE have been working to establish regulations that could attract blockchain and crypto firms to the region. The deadline for providing comments on the proposed framework is May 12.