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What's Holding DAOs Back?

Scott Fitsimones · CoinDesk · 2023

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Type: Web page
Author: Scott Fitsimones
Accessed: 2026-09-01

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EstablishedParticipation in CityDAO's Snapshot votes fell from more than 1,000 voters in late 2021 (1,262 in a November 2021 poll) to typically about 60-300 voters in 2023-2024; its founder wrote in 2023 that DAOs risk becoming 'vetocracies'.