Market size

As of January 2023, the total number of DAOs in existence reached 10,992, which was three times the number recorded in 2022 (Source: pixelplex). With the increased adoption of DAOs in recent years, there is more to explore about its projects.

As the technology matures, we can expect to see even more innovative and impactful DAOs emerge.

With their ability to create vast networks of interconnected people and organizations, DASH has the potential to redefine the way we live and work together

Team and Experiences:

Syncvote & DASH is built by a group of entrepreneurs and engineers with experience in running Venture Capital and DAOs in Web3.

Last year we built Hectagon as an Investment DAO with:

In the process of running this DAO, we saw an opportunity for providing workflow and collaboration software for DAOs (details below) with a long term future of launching our own app-chain and decide to pivot our direction to become a software company instead.

We look into other layer 1’s value, and here what we found:

Project FDV at 17-4-23
Karura 15,749,592
Tomo 79,276,894
DeSo 140,200,495
Gnosis Chain 368,752,946
Kusama 375,811,232
Helium 400,123,377
Arweave 619,580,405
Mina Protocol 861,182,331
Tezos 1,098,181,408
MultiversX 1,357,989,272
Ronin 1,418,581,546
Flow 1,524,106,581
Fantom 1,678,997,407
Conflux Core Space 1,922,795,473
NEAR Protocol 2,325,712,694
Algorand 2,345,502,184
Internet Computer 2,852,125,214
Cosmos Hub 3,546,140,651
Tron 6,082,920,621
Polkadot 8,060,822,048
Litecoin 8,418,372,728
Filecoin 12,445,038,485
Dogecoin 12,958,276,381
Aptos 12,960,195,078
Solana 13,275,534,259
Avalanche 14,556,028,945
Cardano 20,329,479,366
BNB Chain 69,573,117,862
Ethereum 249,576,577,949
Bitcoin 623,692,902,606

With valuation at $17M, we will be among projects with very low valuation