Quick Take
- Interest surrounding decentralized autonomous organizations (DAOs) in the crypto sector has been picking up by community members and investors looking to allocate to new sectors in its emerging economy
- Over the past couple of months, investors have been allocating capital to projects that provide infrastructure and tooling for DAOs for easier governance decisions and treasury management
- In total, The Block has identified 162 DAOs across 8 different verticals currently expanding in this segment in the crypto sector