DAO

A Decentralized Autonomous Organization (DAO) is a blockchain-based entity governed by smart contracts and community consensus rather than centralized leadership. DAOs enable members to collaborate, make decisions, and manage resources collectively. This innovative structure promotes transparency, accountability, and inclusivity, allowing participants to have a direct say in the organization’s direction. Check out the table on this page that includes crypto projects with descriptions and interest levels based on the CryptoTotem algorithm. Learn more ↓
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Project nameDescriptionInterest lvl
Lido logo
Lido (LDO)
Description
Lido Finance is a decentralised protocol that allows users to stake and earn yield while also staying liquid. Lido DAO is a community that builds liquid stak ...
Interest lvl
Highest
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Kusama logo
Kusama (KSM)
Description
Kusama is an early, experimental version of Polkadot that exists as an independent network.
Interest lvl
Highest
Add to Watchlist
BitDAO logo
BitDAO (BIT)
Description
BitDAO aims to use its significant financial and talent resources to foster and invest in innovation, collaboration, and growth across DeFi.
Interest lvl
High
Add to Watchlist
Merit Circle logo
Merit Circle (MC)
Description
Merit Circle is a decentralized autonomous organization focused on developing the play-to-earn economy.
Interest lvl
High
Add to Watchlist
Daox logo
Daox (DXC)
Description
Daox is the ecosystem and platform for Fundraising DAOs which serve as advanced intermediaries between investors and startups.
Interest lvl
High
Add to Watchlist
SubDAO logo
SubDAO (GOV)
Description
The multi-functional DAO platform for venture capital and digital assets management based on Polkadot. Make DAO easier to use and more powerful.
Interest lvl
High
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DAO Maker logo
DAO Maker (DAO)
Description
DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors.
Interest lvl
High
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Zora logo
Zora
Description
Zora is a scalable Layer 2 built on Ethereum, prioritizes NFTs and media over traditional DeFi applications, enabling fast and cost-efficient transactions. The ...
Interest lvl
High
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Vana logo
Vana
Description
Vana is a network designed for private, user-owned data. It is an EVM-compatible Layer 1 blockchain specifically created for collective ownership of private dig ...
Interest lvl
High
Add to Watchlist
Swell logo
Swell (SWELL)
Description
Swell Network is a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem. A commu ...
Interest lvl
High
Add to Watchlist
BreederDAO logo
BreederDAO (BREED)
Description
BreederDAO is the go-to asset production factory for quality gaming assets of the Metaverse. We generate curated assets that deliver best value at scale for som ...
Interest lvl
High
Add to Watchlist
MANTRA logo
MANTRA (OM)
Description
MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem.
Interest lvl
High
Add to Watchlist
Aragon logo
Aragon (ANT)
Description
Aragon (ANT) is a decentralized platform built on the Ethereum network that offers a modularized way to create and manage dApps. Build your Decentralized Autono ...
Interest lvl
High
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Busy logo
Busy
Description
Busy DAO is a decentralized distributed solution leveraging blockchain technology in multiple cases. In the first case, a decentralized platform for freelancers ...
Interest lvl
Medium
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Dtravel logo
Dtravel (TRVL)
Description
Dtravel is the world's first home sharing platform that gives its members a voice and power to make decisions on the platform and governance through the Dtravel ...
Interest lvl
Medium
Add to Watchlist
Grape Protocol logo
Grape Protocol (GRAPE)
Description
A launchpad for new projects to raise capital and for the community to participate in new Solana project launches.
Interest lvl
Medium
Add to Watchlist
Citadel.one logo
Citadel.one (XCT)
Description
Stake, send, and exchange your crypto assets with a user-friendly non-custodial platform. Join the world of DeFi with staking derivatives and Citadel.one DAO.
Interest lvl
Medium
Add to Watchlist
Tokenplay logo
Tokenplay (TOP)
Description
TokenPlay is a NFTs, a web game that supports game publishers to reach more users. Token Play promises to create an ecosystem with a variety of games. In partic ...
Interest lvl
Medium
Add to Watchlist
My Neighbor Alice logo
My Neighbor Alice (ALICE)
Description
My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends.
Interest lvl
Medium
Add to Watchlist
BaconDAO logo
BaconDAO (BACON)
Description
BaconDAO is a Community Focused Crypto and NFT Launchpad.
Interest lvl
Medium
Add to Watchlist
GenomesDAO logo
GenomesDAO (GENE)
Description
GenomesDAO is a genomic data security company that democratizes and decentralizes genomics in Healthcare. Users make passive income on their DNA stored in AMD S ...
Interest lvl
Medium
Add to Watchlist
Snook logo
Snook (SNK)
Description
Snook is much more than a play-to-earn NFT game. It employs a unique Skill-based Value Metric (SVM) for setting NFT value based on measurable, objective attribu ...
Interest lvl
Medium
Add to Watchlist
Freela logo
Freela (FREL)
Description
Freela is a first-of-its-kind DeFi powered and self-governing DAO designed to act as a decentralized broad platform for freelancing transactions.
Interest lvl
Medium
Add to Watchlist
Governor DAO logo
Governor DAO (GDAO)
Description
Serving as a provider of Governance as a Service (GaaS) to DAOs, we aim to set the standard for decentralized governance & biometric voting on the blockchain.
Interest lvl
Medium
Add to Watchlist
Kyber Network logo
Kyber Network (KNC)
Description
Kyber design allows for any party to contribute to an aggregated pool of liquidity within each blockchain while providing a single endpoint for takers to execut ...
Interest lvl
Medium
Add to Watchlist
WingSwap logo
WingSwap (WIS)
Description
WingSwap is the first DeFi platform that provides both AMM and integrated NFT Farming on Fantom blockchain network. We provide automated, blazing fast and all-r ...
Interest lvl
Medium
Add to Watchlist
Sifchain Finance logo
Sifchain Finance (EROWAN)
Description
Sifchain’s mission is to be an omni-chain DEX. Sifchain, which inherits its infrastructure from Thorchain and Cosmos, will target 20–25 blockchains (such as ...
Interest lvl
Medium
Add to Watchlist
DAOLaunch logo
DAOLaunch (DAL)
Description
DAOLaunch is a decentralized platform that connects investors and startups directly on the blockchain by introducing innovative fundraising solutions to the sta ...
Interest lvl
Medium
Add to Watchlist
Play It Forward DAO logo
Play It Forward DAO (PIF)
Description
Play It Forward DAO - an ecosystem designed to drive growth of the Metaverse.
Interest lvl
Medium
Add to Watchlist
YFDai Finance logo
YFDai Finance (YFDAI)
Description
YFDAI is a DeFi protocol and ecosystem that manifests decentralized finance vision by offering DeFi services to anyone with an internet connection.
Interest lvl
Medium
Add to Watchlist
EpoxyDAO logo
EpoxyDAO (EPX)
Description
EpoxyDAO is a cross-chain decentralized finance platform (DeFi) that lets anyone issue the stablecoin eUSD (Epoxy USD) by collateralizing ERC20 stablecoins and ...
Interest lvl
Medium
Add to Watchlist
Bidao logo
Bidao (BID)
Description
BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. ...
Interest lvl
Medium
Add to Watchlist
vEmpire DDAO logo
vEmpire DDAO (VEMP)
Description

vEmpire is entirely focused on the true decentralisation of Decentralised Autonomous Organisations. The project is dedicated to fighting back against so-call ...

Interest lvl
Medium
Add to Watchlist
Asymmetry Finance logo
Asymmetry Finance (ASF)
Description
Asymmetry Finance is a pioneering DeFi platform that offers innovative Structured Products designed to optimise yield and provide customised solutions for liqui ...
Interest lvl
Medium
Add to Watchlist
TeleportDAO logo
TeleportDAO (TST)
Description
TeleportDAO is a trustless and universal bridge protocol that provides an infrastructure for developers to build cross-chain applications.

Telepor ...

Interest lvl
Medium
Add to Watchlist
Across Protocol logo
Across Protocol (ACX)
Description
Across is a cross-chain bridge for L2s and rollups secured by UMA's optimistic oracle. It is optimized for capital efficiency with a single liquidity pool, a co ...
Interest lvl
Medium
Add to Watchlist
Quasar logo
Quasar (QSR)
Description
Quasar is a decentralized peer-to-peer gateway to IBC-enabled yield generation which solves liquidity, capital aggregation and volume inefficiencies through a s ...
Interest lvl
Medium
Add to Watchlist
HistoryDAO logo
HistoryDAO (HAO)
Description
HistoryDAO is the World's first NFT platform dedicated to minting great moments in History.
Interest lvl
Medium
Add to Watchlist
xDao logo
xDao (XDAO)
Description
xDao is a DeFi protocol for quick and easy creation of Decentralized Autonomous Organizations — DAOs.
Interest lvl
Medium
Add to Watchlist
SolanaPrime logo
SolanaPrime (PRIME)
Description
SolanaPrime is the first VC DAO and launchpad for the next generation of GameFi and DeFi projects on the Solana ecosystem.
Interest lvl
Medium
Add to Watchlist
shelterDAO logo
shelterDAO (shel)
Description
shelterDAO is a project that aims for the creation and maintenance of crypto communities around the world by using the NEM blockchain technology.
Interest lvl
Medium
Add to Watchlist
DeFi DAO logo
DeFi DAO (DDAO)
Description
DeFi DAO enables customers equal access to a practical and simple DeFi market where everyone can enjoy safe diversified financial services without borders. DeFi ...
Interest lvl
Low
Add to Watchlist
Viltron logo
Viltron (VDAO)
Description
Viltron is a community-governed DeFi platform focusing on Oracle, Storage and Blockchain Web Services.
Interest lvl
Low
Add to Watchlist
Vantard logo
Vantard (VTARD)
Description
Introducing Vantard’s Meme Index Fund (MIF). The MIF is a basket of Solana’s leading memecoins that will be periodically rebalanced. It will include blue ch ...
Interest lvl
Low
Add to Watchlist
Pika logo
Pika (PIKA)
Description
Pika is BitLayer’s official Launchpad platform, offering FairLaunch, Primary Market AMM, and memeLaunch features. It supports multiple blockchains, including ...
Interest lvl
Low
Add to Watchlist
White Hat DAO logo
White Hat DAO (WHDT)
Description
A Decentralized Community. WhiteHat DAO do contract Security Audits & Safety Ratings.
Interest lvl
Low
Add to Watchlist
WAODAO logo
WAODAO (WAO)
Description
WAODAO — is the DAO organized during the sale of AI generated art with human input.
Interest lvl
Low
Add to Watchlist
Kaif logo
Kaif (KAF)
Description
Kaif is an AI-powered decentralized society (DeSoc) platform that helps to improve & monetize your skills and data.
Interest lvl
Low
Add to Watchlist
Figure DAO logo
Figure DAO (FDAO)
Description
Figure DAO is the next-generation protocol for decentralized fundraising. It will enable projects to raise funds, with one of the most diverse type of profiles ...
Interest lvl
Low
Add to Watchlist
ApStation logo
ApStation (ASN)
Description
Decentralized platform for launching your own NFT collections on the Aptos blockchain. We plan to integrate other chains in the future.
Interest lvl
Low
Add to Watchlist

Decentralized Autonomous Organization

If you heard anything about the concept of an organization without a big boss, where an anonymous owner of a few tokens can influence the future of the company – it’s probably about DAO.

What is DAO

DAO or Decentralized Autonomous Organization, has become a very popular topic recently. These organizations are blockchain-based and operate without centralized management, so users can create social organizations without knowing the other participants personally, set rules, and make decisions autonomously through blockchain voting. Most importantly, operations in such an organization can be performed automatically.

How does DAOs work

The DAO is based on blockchain technology, which ensures transparency and security of all transactions. In addition, the organization has its own smart contract that defines the rules and procedures for voting. Participants can make proposals and participate in voting. If a proposal receives a majority of votes, it is accepted and automatically implemented by the smart contract.

Smart contracts are actually applications in the form of software code that run within a decentralized system (DApps). Some smart contracts have a more comprehensive design that allows them to interact with other platforms, but most DeFi projects prefer to use them only within their own ecosystem.

DAO token holders automatically become participants in such contracts and perform their functions within the ecosystem based on the smart contract functionality. This ensures the complete independence of individual platform participants from each other and from the system itself. The mini-application itself is sufficient to define the boundaries of interactivity between the user and the system.

In addition, DAOs are categorized into two types:

Public

Public membership implies the possibility for anyone to join the DAO with access to the management of the organization.

Private

A private membership refers to the fact that a new member joining the DAO must pass a certain vetting step. This step may require approval from other members of the organization or verification that entry criteria, such as capital or subject matter expertise, are met.

The type of DAO depends on the purpose of the organization. If decentralized governance needs to involve as many participants as possible, a public type. If the DAO needs to attract only qualified participants for its successful functioning, a private membership type is chosen.

To be considered a rightfully true DAO, its architecture must incorporate several important components from the Web3 space:

  • Blockchain. A customized protocol, such as Ethereum, Polygon, Solana, and others, where correct code execution occurs to regulate DAO rules.
  • A voting system. To exercise control over membership and vote distribution, and make certain decisions in the project. Also, a specific number of tokens may determine membership.
  • Project as the primary repository of community assets. The key asset can be; cryptocurrency, NFTs, tokens, art objects (physical and digital), basically anything of value to the community. Assets may not necessarily be financial, it can be anything of value to the community.

Examples of DAO projects

It is worth remembering the very first DAO, which was called The DAO. This community was formed by creators to automate decision making in the fund. And in a short period of time, this company became one of the largest crowdfunding companies in the history of cryptocurrencies. However, a few weeks after the launch, The DAO was attacked by hackers who managed to steal more than 3.6 million Ether (ETH), the cryptocurrency into which the entire amount raised by the fund was exchanged. The incident had serious consequences for Ethereum, as by forking (creating a separate branch) the network, the developers tried to recover the stolen funds.

There are other successful DAO DApps that deserve a mention:

  • InstaDApp – an interoperability service for projects in the DeFi ecosystem.
  • UniSwap – a popular decentralized cryptocurrency exchange.
  • Compound – a debt service similar in principle to MakerDAO.
  • AAVE – a special decentralized Peer-to-Peer platform for finding borrowers and lenders.

Although the list of DeFi platforms with functional DAOs and TVLs over a billion dollars is impressive, most new DeFi projects turn out to be failures and usually lose all their initial popularity in the first six months.

Key advantages of DAO

DAO has a number of advantages that make it attractive to many people and organizations. Among them:

  • Decentralization: the DAO has no centralized management, which makes it more transparent and resistant to third-party interference;
  • Faster and cheaper decision-making: by automatically executing smart contracts, decisions can be made faster and without additional costs;
  • Security: blockchain technology ensures safe and secure transactions, making the DAO more protected from cyber-attacks and fraud;
  • Flexibility: DAO participants can quickly and easily change voting rules and procedures, making the organization more flexible and adaptive to change.

Conclusion

DAOs are a brand new way to collectively, democratically manage financial systems, but most of the projects that are emerging in the DeFi ecosystem cannot yet give confidence in the future of the idea of DAOs. That doesn’t mean you can’t invest in them, you just need to do so with caution and after careful market research.