Decentralized autonomous organizations (DAOs) are one of the most popular DeFi protocol governance methods. Data from DeepDAO shows that currently over 2,300 registered DAOs manage assets worth a total of $17.7 billion.
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Over 2,300 registered DAOs manage a total of $17.7 billion worth of assets
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Left-Curving DAOs
For the past twenty one days I have been obsessed with a decentralized project called Higher. If interested in the origin lore you can read more here.
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DAOs as novelty search engines
DAOs are collaborative networks which are likely to have a unique role in the future. To determine this role, you need to be able to look beyond what is happening today. Like a toddler taking its first steps, the DAOs of today are immature, unsteady and likely to stumble.
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