Get ready for a lot of dead DAOs

Image Credits: TechCrunch
After a lengthy crypto bull run, the startups and projects in the space are reining in expectations and settling in for a long-haul crypto winter. It’s been a particularly tough time for DAOs, which are seeing their treasuries and native tokens decline, forcing them to cut back on expenses while trying to drum up enthusiasm within their communities. The crypto governance organizations certainly have made a big splash in the past year but can the bulk of them survive a downturn? That was our hot topic of discussion this week.
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