Standing short for Decentralized Autonomous Organization, DAOs, built on blockchain technology, is comparable to a crypto co-operative. At their core, DAOs are groups formed to meet a common goal, such as investing in start-ups, managing a stablecoin, or buying a piece of a rare item, digital collectibles, or a bunch of NFTs. The total market capitalization of all DAO tokens together was US$21 billion in January 2022. The DAO ecosystem, in its entirety, comprised 1.7 million governance token holders and nearly 500,000 active voters. Standing testimony to its decentralization and democratization capabilities, the DAO ecosystem - per se - had