Scammers ripping off scammers.
Why would you waste time with open source aircrafts. Aircrafts are a regulated thing. Nobody wants to fly in your science project. Put some of that 123 million into starting an actual company. DAOs are bullshit.
Yeah, start an actual company so you can raise billions with no profits and then IPO and dump on retail traders
If you legitimately wanted to develop an aircraft taxi service, you do not need to involve crypto in any way. Even if you wanted to accept it for payments it's an auxiliary component that merely accounts for it and converts to fiat at some point.
The DAO or whatever crypto bullshit is intertwined with it is absolutely a scam.
I am not a cryptocurrency skeptic, but my level of trust for a “DAO driven aircraft / taxi service” is exceedingly low.
I don’t think this is legit at all.
I don't necessarily think the author is a scammer, but the whole project is the equivalent of "I'm going to launch a rocket to the moon" and then the first thing you do is open a nice website and launch a new token.
But DAO's do look attractive to me fyi. I wish I could do something similar in regular "fintech" ( and with c#)
Don’t fall for the DAO trap, it’s a pit for fools to throw their money into.
So the DAO is blocking this guy with $100M sitting around from just hiring an actual designer for his air taxi project?
Banks in my country don't have a reasonable API. There is CODA, but it's restricted to business accounts too ( and you have to pay for it).
Additionally, accountants make a huge part of the workforce. So I don't think it will be possible in the short term to "replace them" by traditional means.