ASSANGEDAO RAISES $38M IN DONATIONS TO HELP FREE WIKILEAKS FOUNDER
The fight for Julian Assange's freedom has taken a dramatic turn with the emergence of AssangeDAO, a decentralized autonomous organization dedicated to his liberation. AssangeDAO raises $38M in donations to help free WikiLeaks founder Febru Donations to support Julian Assange s fight for freedom have been pouring in over the weekend.In a stunning display of collective action, this DAO has amassed a staggering 12,569 Ether (ETH), currently valued at around $38.8 million, through donations from a passionate global community. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 Ether (ETH) or around $38.8 million at currentThis substantial sum underscores the growing support for Assange and the belief that he deserves to be free from the extradition threat he currently faces. 2.3M subscribers in the ethtrader community. Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memesThis isn't just about raising money; it's about sending a clear message that individuals, empowered by decentralized technology, can challenge powerful institutions and advocate for justice. AssangeDAO raises $38M in donations to help free WikiLeaks founder Febru Donations to support Julian Assange s fight for freedom have been poured in over the weekend.The success of AssangeDAO, even surpassing the fundraising efforts of ConstitutionDAO, highlights the potent force of DAOs in mobilizing resources and amplifying voices in the digital age. AssangeDAO raises $38M in donations to help free WikiLeaks founder. - . Donations to support Julian Assange s fight for freedom have beenThe funds raised will be crucial in supporting Assange's legal battles and raising awareness about his case.This is a story of hope, resilience, and the potential of decentralized movements to impact global affairs.
What is AssangeDAO and Why Did It Form?
AssangeDAO is a decentralized autonomous organization (DAO) created with the explicit purpose of aiding Julian Assange in his fight against extradition to the United States. AssangeDAO raises $38M in donations to help free Wikileaks founder. Donations to support Julian Assange s fight for freedom have been pouring in over the weekend.A DAO, in essence, is an internet-native organization governed by rules encoded on a blockchain. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices. Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition. He is currentlyThese rules are transparent and immutable, ensuring that decisions are made collectively and democratically by its members. AssangeDAO raises $38M in donations to help free WikiLeaks founder 38M AssangeDAO Donations Founder Free raises WikiLeaks CryptonewsUnlike traditional organizations, DAOs operate without hierarchical structures, relying instead on smart contracts and community consensus. The decentralized autonomous organization (DAO) formed to support the release of WikiLeaks founder Julian Assange has raised 12,569 ETH, or about $38.8 million at current prices. Assange is currently fighting for extradition to the United States. In December, a court ruling overturned a British court ban on extradition.The formation of AssangeDAO speaks volumes about the growing disillusionment with traditional avenues for justice and the increasing faith in decentralized solutions to address global issues.
The primary reasons for its formation are:
- Support Julian Assange's Legal Defense: Assange faces an uphill battle against extradition to the US, and quality legal representation is incredibly expensive. Donations to support Julian Assange s fight for freedom have been pouring in over the weekend. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.The DAO aims to provide him with the financial resources he needs to mount a strong defense.
- Raise Awareness: Beyond financial support, the DAO aims to amplify Assange's voice and raise global awareness about his case and the issues surrounding freedom of information and government transparency.
- Demonstrate Decentralized Activism: AssangeDAO serves as a powerful example of how decentralized communities can organize and pool resources to support causes they believe in, bypassing traditional gatekeepers and institutions.
The Power of Decentralized Action
AssangeDAO represents a paradigm shift in activism. Related: AssangeDAO raises $38M in donations to help free WikiLeaks founder. DAOs over the years have become quite popular in the decentralized space, but have had their fair share of critics as well.It leverages the principles of decentralization, transparency, and community governance to create a powerful force for change.By utilizing blockchain technology, the DAO ensures that all transactions and decisions are verifiable and tamper-proof.This level of transparency fosters trust and accountability among its members, encouraging greater participation and investment in the cause.
How Did AssangeDAO Raise $38 Million?
The impressive fundraising success of AssangeDAO can be attributed to several factors:
- Community Enthusiasm: A dedicated online community that believes strongly in Assange's cause. 569 ETH or around $38.8 million at current prices. Assange is currently fighting extradition to the United States following a court ruling in December that oThis pre-existing network of supporters quickly rallied around the DAO.
- Effective Marketing and Outreach: The DAO utilized social media, online forums, and cryptocurrency communities to spread awareness and encourage participation.
- Ease of Donation: Donating via cryptocurrency is simple and borderless, making it easy for individuals from all over the world to contribute. A newly-established initiative dubbed AssangeDAO seeks to help free the WikiLeaks founder from US extradition. By Tolu Ajiboye at Updated at 3 mins readThe use of Ether (ETH) also tapped into the vast Ethereum community.
- FOMO (Fear of Missing Out): The rapid growth and momentum of the DAO created a sense of urgency and encouraged people to join in before the fundraising window closed.The initial $38M quickly grew to over $53M demonstrating the power of the FOMO effect.
The DAO accepted donations primarily in Ether (ETH), the native cryptocurrency of the Ethereum blockchain. 9.3K subscribers in the coinmarketbag community. Get Bag of Best Cryptocurrency CoinMarketBag is the world's most-referenced info website forContributors received JUSTICE tokens in proportion to their donation, providing them with governance rights within the DAO.This system incentivized participation and ensured that the community had a direct say in how the funds were used.
JUSTICE Token: More Than Just a Cryptocurrency
The JUSTICE token is a crucial element of the AssangeDAO ecosystem. More than 10,000 members of the crypto community showed their support for Wikileaks founder Julian Assange, donating roughly $53.7 AssangeDAO concludes raise with $53M to help Julian fight for freedomIt's not just a token of appreciation for donations; it grants holders governance rights within the DAO. A DAO established to support release of WikiLeaks founder Julian Assange from prison has successfully raised 12,569 Ether (ETH) worth $38.8M.This means that JUSTICE token holders can propose and vote on decisions related to the DAO's operations, including how the funds are allocated and what strategies are employed to support Julian Assange. Donations to support Julian Assange's fight for freedom have been pouring in over the weekend.Continue reading AssangeDAO raises $38M in donations to help free WikiLeaks founderThThis participatory governance model ensures that the DAO remains accountable to its community and that its actions align with the collective will of its members.
Where Will the Funds Go?
The funds raised by AssangeDAO are primarily intended to support Julian Assange's legal defense and advocacy efforts. 67 subscribers in the cryptosis community. Your Crypto Search Engine - News About Crypto SphereSpecifically, the funds are expected to be used for:
- Legal Fees: Paying for the team of lawyers representing Assange in his extradition case.
- Public Relations: Funding campaigns to raise public awareness about Assange's case and the importance of freedom of information.
- Lobbying Efforts: Engaging with politicians and policymakers to advocate for Assange's release.
- Supporting Assange's Family: Providing financial assistance to Assange's family during this difficult time.
The allocation of funds will be determined through a transparent voting process involving JUSTICE token holders. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or aroundThis ensures that the community has a direct say in how the money is spent and that the DAO remains accountable to its members.
Transparency and Accountability in Action
One of the key principles of DAOs is transparency.All transactions and decisions made by AssangeDAO are recorded on the Ethereum blockchain, making them publicly accessible and auditable.This level of transparency fosters trust and accountability among the DAO's members and the wider community. The DAO, which is looking to help the whistleblower, has now raised more ether than ConstitutionDAO.The DAO will likely publish regular reports detailing how the funds are being used and the progress being made in Assange's case.This open and transparent approach is essential for maintaining the DAO's credibility and ensuring that it remains focused on its mission.
Julian Assange's Fight Against Extradition
Julian Assange, the founder of WikiLeaks, has been a central figure in the global debate surrounding freedom of information and government transparency. AssangeDAO raises $38M in donations to help free WikiLeaks founderWikiLeaks gained notoriety for publishing classified documents and information, often exposing controversial actions by governments and corporations.This work has been lauded by some as essential for holding power accountable, while others have condemned it as reckless and dangerous.
Assange is currently fighting extradition to the United States, where he faces charges related to the publication of classified military documents. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.Assange is currently fighting extradition to the United StaHis supporters argue that he is being targeted for exposing government wrongdoing and that his extradition would set a dangerous precedent for press freedom.Opponents argue that he endangered lives by publishing unredacted documents containing the names of informants and that he should be held accountable for his actions.
The Legal Battle: A Complex and Ongoing Process
The legal battle surrounding Assange's extradition has been long and complex. AssangeDAO raises $38M in donations to help free WikiLeaks founder . Donations to support Julian Assange s fight for freedom have been pouring in over the weekend. A decentralizedAfter spending seven years in the Ecuadorian embassy in London, he was arrested in 2019 and has been held in a high-security prison ever since. WikiLeaks founder Julian Assange was arrested in 2025 after spending seven years trapped in the Ecuadorian embassy in London, England. AssangeDAO concludes raise with $53M to help Julian fightA British court initially blocked his extradition, citing concerns about his mental health and the conditions he would face in a US prison.However, that ruling was overturned on appeal, and Assange is now awaiting a final decision on his extradition.
The case has attracted international attention, with human rights organizations and press freedom advocates calling for his release. A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices. Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition.The outcome of the case will have significant implications for the future of journalism and the ability of the press to hold power accountable.
DAOs and the Future of Activism
AssangeDAO is just one example of how DAOs are being used to revolutionize activism and social change.DAOs offer several advantages over traditional organizations, including:
- Decentralization: DAOs are not controlled by any single entity, making them more resilient to censorship and manipulation.
- Transparency: All transactions and decisions are recorded on the blockchain, ensuring transparency and accountability.
- Community Governance: Members have a direct say in how the DAO is run, fostering a sense of ownership and engagement.
- Global Reach: DAOs can operate across borders, allowing individuals from all over the world to participate in their activities.
As DAOs become more sophisticated and user-friendly, they are likely to play an increasingly important role in addressing a wide range of social and political issues.From funding social enterprises to organizing protests, DAOs have the potential to empower individuals and communities to create positive change in the world.
Examples of DAOs in Action
Beyond AssangeDAO, numerous other DAOs are making a significant impact across various sectors:
- ConstitutionDAO: Attempted to purchase a copy of the US Constitution at auction.Although they were unsuccessful, they raised millions of dollars and demonstrated the power of DAOs to mobilize resources quickly.
- Gitcoin: Funds open-source software development through quadratic funding, a mechanism that allows small donations from many individuals to have a significant impact.
- MetaCartel Ventures: Invests in early-stage blockchain projects, providing funding and support to promising startups.
- PleasrDAO: Collects culturally significant NFTs, preserving digital art and history for future generations.
These examples illustrate the diverse applications of DAOs and their potential to disrupt traditional models of organization and funding.
Concerns and Criticisms of DAOs
While DAOs offer many benefits, they also face certain challenges and criticisms:
- Regulatory Uncertainty: The legal and regulatory status of DAOs is still unclear in many jurisdictions, creating uncertainty and potential risks.
- Security Vulnerabilities: Smart contracts, which form the backbone of DAOs, can be vulnerable to hacks and exploits.
- Governance Challenges: Ensuring effective and democratic governance within a DAO can be difficult, especially as the community grows.
- Accessibility Issues: Participating in a DAO requires technical knowledge and access to cryptocurrency, which can be a barrier for some individuals.
Addressing these challenges is crucial for the long-term success and sustainability of DAOs.As the technology matures and regulatory frameworks evolve, DAOs are likely to become more secure, accessible, and effective.
The Importance of Auditing and Security
Given the potential for security vulnerabilities, it is essential for DAOs to prioritize auditing and security.Smart contracts should be thoroughly audited by reputable security firms to identify and fix any potential flaws.DAOs should also implement robust security measures to protect their assets and prevent unauthorized access.Regularly reviewing and updating security protocols is crucial for mitigating risks and maintaining the integrity of the DAO.
How Can You Get Involved with AssangeDAO?
If you're passionate about supporting Julian Assange and believe in the power of decentralized activism, there are several ways to get involved with AssangeDAO:
- Join the Community: Connect with the AssangeDAO community on social media, online forums, and messaging platforms.
- Contribute to Discussions: Share your ideas and insights on how the DAO can best support Julian Assange.
- Volunteer Your Skills: Offer your expertise in areas such as marketing, public relations, legal research, or software development.
- Stay Informed: Keep up-to-date on the latest developments in Assange's case and the activities of AssangeDAO.
By actively participating in the AssangeDAO community, you can contribute to the fight for Julian Assange's freedom and help shape the future of decentralized activism.
Empowering Yourself Through Decentralized Action
Getting involved with AssangeDAO is more than just donating money; it's about empowering yourself to make a difference in the world.By participating in a decentralized community, you can connect with like-minded individuals, learn new skills, and contribute to a cause you believe in.This is the power of decentralized action – the ability to collectively organize and mobilize resources to achieve shared goals.
Conclusion
The success of AssangeDAO in raising $38 million to help free WikiLeaks founder Julian Assange is a testament to the power of decentralized activism and the growing influence of DAOs.This initiative showcases how individuals, empowered by blockchain technology, can come together to support causes they believe in and challenge traditional power structures.Whether this massive influx of capital will sway the courts remains to be seen, however AssangeDAO has certainly made their voices heard.The funds raised will be crucial in supporting Assange's legal battle and raising awareness about his case.While challenges and criticisms of DAOs exist, their potential to revolutionize activism and social change is undeniable.AssangeDAO serves as a powerful example of how decentralized communities can organize, pool resources, and advocate for justice in the digital age.It's a story of hope, resilience, and the transformative power of collective action.This situation underscores the importance of understanding the implications of digital activism, the potential benefits and pitfalls of DAOs, and the ongoing debate surrounding freedom of information and government transparency.The key takeaways are the power of decentralized communities, the potential for disruption of established norms, and the ongoing need for critical evaluation of the evolving landscape of digital activism.
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