This Company's CEO is a Computer Program, and It Just Made 131 Million

While a huge segment of the planet is still struggling to grasp the various concepts revolving around the rapidly emerging cryptocurrency industry, those that do grasp said concepts are going on a wild shopping frenzy over the currencies. Case in point, Decentralized Autonomous Organization (DAO) recently launched a crowdsale for DAO tokens and nabbed over a hundred million dollars within a few weeks, making them the largest crowdfunded project in history. DAO, a platform developed by German company Slock.it, is a self-governing company built upon an irrefutable mathematical code that is free for everyone to use. It's main mission is "to blaze a new path in business organization for the betterment of its members, existing simultaneously nowhere and everywhere and operating solely with the steadfast iron will of unstoppable code." It runs on the platform Ethereum, which in turn runs on a blockchain, essentially resulting in a system which allows fast and direct trade, and records all transactions for everyone to see in absolute transparency.