DAO stands for Decentralized Autonomous Organization. In this article, we will go over a list of DAOs that you can use to create your own.
It has been on record that DAOs are now the new industry trends for businesses to strive and gain more visibility and sales. Web3 and blockchain technology have pioneered this in the past few years, there have been good numbers of DAOs that were been created or formed, in some documentaries they are over 4,000 DAOs currently in existence.
This figure shows the huge rise in the adoption of Web 3.0 by many companies. DAOs are now the new business model and they are doing pretty well, hence these DAOs are backed by a strong, supportive, and, determined communities.
Below are the lists of DAOs.
These are the most popular and well-striving DAOs in the blockchain and web 3.0 industry.
There is a real difference between DAOs because they are called DAOs doesn’t mean they run on the same vision or mission, we shall look into the kind of DAOs in this session of this article.
Protocol DAO: This type of DAO is designed to govern a protocol, this include borrowing and lending applications and software.
Grant DAOs: These are types of DAOs that fund organizations such as charity organizations, NGOs, and, most times start-ups be they crypto start-ups or tech start-ups.
Philantrophy DAO: These types of DAOs aid in promoting social affairs and taking up social responsibilities, and giving arms in times of crises they are in a way simpler to grant DAOs, but they are not grants DAOs neither do they operate in the same manner.
Collectors DAO: This is more of a system where community members of this DAO contribute to investing in a specific treasury, such as any form of NFT blue-chip collection.
Here are the lists of the top DAOs in the market;
These are the leading web 3.0 DAOs in the Market.
Reports from chain analysis have it that there are 4,000 DAOs that exist until now and they are fully functional. These DAOs are currently not mentioned as they are too numerous to mention, but for the records, these 4,000 DAOs are in business. They have the purpose they serve not excluding a very strong supportive community and venture capitalist backing. Most of these DAOs from the 4,000 are built on the ETH blockchain and their tokens are doing absolutely great in trading volume.
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I'm Carina, a passionate crypto trader, analyst, and enthusiast. With years of experience in the thrilling world of cryptocurrency, I have dedicated my time to understanding the complexities and trends of this ever-evolving industry.
Through my expertise, I strive to empower individuals with the knowledge and tools they need to navigate the exciting realm of digital assets. Whether you're a seasoned investor or a curious beginner, I'm here to share valuable insights, practical tips, and comprehensive analyses to help you make informed decisions in the crypto space.