Of all the 4227 DAOs now in existence, Syndicate says it created more than 10% of them in just three weeks.
). Uniswap DAO was formed in 2020 and BitDAO in 2021. They now command a collective $4.4 billion in treasury funds.officially recognize DAOsSyndicate’s stated goal is to democratize investing by allowing groups to establish decentralized investment structures. It automates the process on-chain, allowing anyone to set up an investing DAO in under a minute for just the cost of gas. DAOs can also plug in compliance tooling, to help keep everything in accordance with regulations.
However, Papper said that there are trade-offs when an organization decides to utilize a decentralized method of coordinating efforts.
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