#3 DeepDAO Ecosystem Overview✍️
How's the DAO ecosystem in early June? Aragon + Witnet, Decentraland DAO, Gitcoin DAO, and more.
👀DAO Recap
The DAO ecosystem’s total asset under management (AUM) is currently at $586.9M (June 7). For members and token holders in the ecosystem, the current total is over 66,100 which has experienced an increase of over 250 since May.
The fact that the ecosystem is growing with more DAO members and holders is a clear metric of a positive trend. As we put more projects and people on our dashboards, the numbers will most likely go up too.
We’re very enthusiastic about the progress and development moving forward across the entire sphere. We want to expand our services, include new and exciting features, everything, and continue to be the go-to analytics platform for DAOs.
💡Relevant Stories
Aragon Partners with Witnet for Gasless DAO Management on Discord
Summary: Aragon has announced a partnership with the Witnet decentralized oracle to provide off-chain, optimistic rollup for DAOs via Discord.Introducing GTC – Gitcoin’s Governance Token
Summary: Gitcoin launches a DAO that will govern Gitcoin moving forward to ensure that the project will be decentralized while building an equitable protocol for funding open-source development. This is what Gitcoin has done since the launch back in November 2017, and that’s what they will continue doing.
PleasrDAO Genesis: A cartel of $PEEPS that aim to pleas
Summary: The story of PleasrDAO began with a single tweet. The DAO has purchased some notable NFTs and is looking forward to democratizing ownership of the DAO.FlamingoDAO – What you should know about DAOs w/ Priyanka Desai and Aaron Wright
Summary: Kevin Rose interviews Priyanka and Aaron about the DAO ecosystem and what people should know about it, how it operates, how to get involved, and their favorite NFT projects.Introducing the New Decentraland DAO
Summary: The Decentraland Foundation released a new update of their DAO, which will make it more accessible, affordable, and overall useful for all members. Everything will continue to be accessible through governance.decentraland.org where proposals are created and voted on, while the back-end will be run by Snapshot to create proposals and log votes.
🌟Project Spotlight
Flamingo, birthed by The LAO and built with OpenLaw, is an NFT-focused DAO that focuses on finding and investing in unique blockchain-based assets. The idea behind Flamingo is that unique, digital assets will have an increasingly important role in creating, monetizing and incentivizing digital content in the future. This includes reputable projects like Hashmasks, Punks, Eulerbeats and Axie Infinity.
As viewed from the AUM metrics at DeepDAO, Flamingo is currently ranked as #14 with $7.3M. It’s amongst the top DAOs on OpenLaw alongside Neptune DAO and The LAO.
📶People Spotlight
We want to give a shoutout in this project spotlight to Ven Gist, a key member in the DAO ecosystem and currently ranked number #1 when looking at total DAOs participation. The total amount equals 24 and includes DAOs such as MetaCartel, Moloch, and Raid Guild.
He has 30 proposals and 205 votes that reflect the total participation in the different DAOs. This is relatively active on all metrics which shows that he’s an important member of the ecosystem.
🤔About DeepDAO:
DeepDAO is covering financial and governance data on the 100+ top DAOs that include the five major platforms Aragon, Moloch, DAOstack, OpenLaw and Colony. DeepDAO’s mission is to provide comprehensive discoverability for decentralized governance systems. DeepDAO presents extensive analytics and information gathering. The main dashboard product enumerates and ranks DAOs using several key metrics such as membership and assets under management (AUM).
We are constantly expanding both coverages of various DAOs, other chains and governance platforms, and the metrics that quantify and measure the dynamics of governance processes in DAOs.