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Remote work triggers move to DAOs in the post-pandemic world: Survey

A survey sample of working Americans suggests that millennial and Generation Z workers are far more in favor of joining decentralized autonomous organizations (DAOs) and working remotely in the post-Covid-19 world. Over 1,100 Americans took part in a survey conducted by MetisDAO Foundation which explores trends in remote working preferences and the emergence of DAOs in recent years. A key consideration is the effect that Covid-19 has had on worker sentiment and the growth of DAOs in corporate governance. Citing a research report on DAOs published by the Harvard Law School Forum on Corporate Governance, the results of the survey highlight how DAOs saw their treasuries swell from $400 million to $16 billion in 2021. This coincided with growing participant figures, up from 13,000 to 1.6 milli...

Bitcoin is new gold for millennials, Wharton finance professor says

Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor. Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday. On the other hand, BTC has been increasingly emerging as an inflation hedge among younger investors, Siegel argued: “Let’s face the fact, I think Bitcoin as an inflation hedge in the minds of many of the younger investors has replaced gold. Digital coins are the new gold for the Millennials. I think that the story of gold is a fact that the young generation is regarding Bitcoin as the substitute.” Siegel also reminded that older generations witnessed how gold had soared during the inflation...

Kwara governor appoints 24-year-old as SSA on youth engagement

Gov. AbdulRahman AbdulRazaq of Kwara has appointed 24-year-old Kaosarah Adeyi as his Senior Special Assistant on Youth Engagement. Malam Rafiu Ajakaye, Chief Press Secretary (CPS) to the Governor, said this in a statement in Ilorin on Tuesday. Similarly, the governor has appointed Hajia Fatima Audu as Special Adviser on Women Affairs. Adeyi, an author who is renowned for her extensive reach within the youth constituency, is a graduate of the University of Ilorin where she is a mentor for the varsity’s empowerment beneficiaries. A youth entrepreneur, her roles entail sharing practical examples with mentees, giving mentorship on entrepreneurship and advising on how to manage school activities with their business goal-setting, planning and implementation. According to the statement, the mille...