Ukrainian man raises money for time machine through DAO

Ukrainian man raises money for time machine through DAO
Photo by Peter Herrmann / Unsplash

Decrypt journalists wrote an article about Ukrainian entrepreneur Alex Polishchuk's TimeMachineDAO project. It aims to raise investment from around the world through DAO to fund the development of a time machine.

The time machine project was created in 2022 by scientists from South-East Asia. In the first phase, they want to build a prototype that can send information to the future or the past. This phase will cost $3 million.

The DAO will own the technology.  Investors will receive tokens based on the amount invested. This will allow them to take part in voting on the development of the project.