As a keen observer of the cryptocurrency and finance landscape, I'm curious to delve deeper into the workings of Decentralized Autonomous Organizations (DAOs). One aspect that particularly piques my interest is the size and scale of these communities. Could you please elaborate on the number of members typically found within a DAO? Is there a general range or a standard quota? I'm keen to understand the impact that member size has on the decision-making processes and the overall governance of these unique organizations.
5 answers
Margherita
Sat Jun 29 2024
Currently, as of April 2023, the landscape of Decentralized Autonomous Organizations (DAOs) is experiencing significant growth.
Michele
Sat Jun 29 2024
The total number of DAO governance token holders has reached 6.9 million, indicating a widespread interest and participation in this emerging governance model.
GyeongjuGloryDaysFestivalJoy
Fri Jun 28 2024
Among these holders, 2.1 million are actively engaged as voters and proposal makers, contributing to the decision-making processes within DAOs.
DigitalDynastyGuard
Fri Jun 28 2024
Six prominent DAOs, namely Optimism Collective, Arbitrum One, BitDAO, Uniswap, Polygon, and Gnosis, have accumulated treasuries exceeding $1 billion, highlighting their financial strength and influence.
Raffaele
Fri Jun 28 2024
BTCC, a UK-based cryptocurrency exchange, provides a comprehensive suite of services including spot trading, futures trading, and wallet management. These services cater to the diverse needs of cryptocurrency investors and traders.