area51

Everyone’s calling it: “DAOs are dead.” ApeCoin is shutting down. Jupiter DAO hit pause. But after a year deep in the trenches, I’m not so sure. Here’s what they’re missing 👇

Everyone’s calling it: “DAOs are dead.” ApeCoin is shutting down. Jupiter DAO hit pause. But after a year deep in the trenches, I’m not so sure. Here’s what they’re missing 👇

https://paragraph.com/@0xgramajo/the-dao-is-dead%E2%80%94long-live-the-dao

Michelada connoisseur. Chief Onchain Officer at /area51 since 2022 AD. Focused on digital art & crypto

Unfortunately, these examples are huge organizations and that is a problem. DAOs are emulating institutions rather than collectives. We need to prove these concepts with groups that look more like bands than corporations