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World's First Fully Anonymous DAO Created to Defend Freedom

Dean Fankhauser
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Dean Fankhauser
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Dean Fankhauser
World's First Fully Anonymous DAO Created to Defend Freedom
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

Amir Taaki, a pioneering Bitcoin developer, has unveiled the world's first fully anonymous on-chain decentralized autonomous organization (DAO) with a mission to "defend freedom." The anonymous DAO, which cannot be seen on the blockchain, aims to protect against oppressive regimes by creating a completely anonymous structure for its treasury, membership, token ownership, proposals, and voting.

Taaki, who was interviewed by Cointelegraph in 2014, believes that DAOs should be anonymous and subversive to fulfill their original vision of becoming the post-corporate online future for mobilization and wealth creation of communities. He argues that the current state of the internet and tech industry relies too heavily on surveillance and data harvesting, making anonymous DAOs a solution for creating free, uncensored, and sovereign online organizations.

The anonymous DAO structure allows any smart contract to be called, such as sending funds from the treasury, while keeping the actions hidden and payments anonymous. Taaki is working with DarkFi, which claims to be the only team developing anonymous tools for online organizations to harness "the true power of cryptocurrency."

Nick Almond, CEO of Factory Labs and founder of Factory DAO, described the anonymous DAO as "cypherpunk AF" and noted that it is a primitive and a privacy building block that changes DAO game theory, making it an interesting development in the field of decentralized governance.

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