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Cryptocurrency Cointelegraph

Number of DAOs increases 8x along with spike in votes and proposals

The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Number of DAOs increases 8x along with spike in votes and proposals

The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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