Terra’s DAO platform is open for business

11/29 03:18

Terraform Labs built Enterprise, a “no-code” solution for DAOs looking to build on Terra. Enterprise was one of the first pieces of so-called Terra 2.0 — the blockchain’s attempted comeback after Terra’s native token LUNA death spiraled, torpedoing $30 billion in value in May. Enterprise provides the raw digital material for DAO creation, allowing users to create multi-signature wallets, new tokens or NFT communities on Terra’s blockchain with a couple clicks. A source close to the matter confirmed Kwon was involved with Enterprise’s creation in an advisory role. Nick Almond, protocol lead at fellow DAO builder FactoryDAO, told Blockworks the setup, really, is not purely a DAO, but “DAOs 1.0 or 0.8.”
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