Dissecting the DAO: Web3 Ownership is Surprisingly Concentrated - Chainalysis

Decentralized autonomous organizations (DAOs) are a staple of web3. Internet-native and blockchain-based, they're a new management structure for businesses, projects, and communities.

This blog is a preview of our State of Web3 Report. Sign up here to download your copy! Decentralized autonomous organizations (DAOs) are a staple of web3. Internet-native and blockchain-based, DAOs are intended to provide a new, democratized management structure for businesses, projects, and communities, in which any member can vote on organizational decisions just by buying into the project. At a high level, this is how DAOs work: DAO founders create a new cryptocurrency, known as a governance token; They distribute these tokens to users, backers, and other stakeholders; Each token…

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