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Number of DAOs increases 8X along with spike in votes and proposals -Breaking


The number of DAOs rises 8X with an increase in votes and propositions

Over the last 12 months, the total number decentralized autonomous organisations (DAO), number of governance suggestions made, and number of votes cast have seen a remarkable 8X increase.

Snapshot Labs data shared with Electric Capital Engineer Emre Caliskan during a June 9th TweetDAO numbers are up 8.8X since May 2021 when they were 700. They now stand at 6,000. Over the last 12 months, the number of votes has increased 8.3X and proposals have increased by 8.5X.

The majority of DAO proposals are from only 10% organizations.