2022 was a crazy year for the DAO ecosystem with the advent of new verticals like DeSci & rising transitions of old school crypto projects to formal DAOs, but the advent of the FTX insolvency & the bear market headwinds has also proved tough for the DAO ecosystem with increased layoffs, VC funding crunch & budget cuts leading to dry up in grants across chain ecosystems  

Mia Bao, co-founder of The Pass, a DAO data aggregation & discovery platform joins us on the pod as we look back on 2022 & highlight what’s worked out for the DAO ecosystem with an eye to forecast 2023 better & measures to improve on the pitfalls seen within the space. She uses the data from the platform to highlight the growth of DAO treasuries to around $12 bn of which 80% of the DAO treasuries is generated by DeFi projects. We also look into how that arose & what this means for the other verticals.   She also gives her opinion on the challenges that DAOs face including a lack of incentives for DAO contributors, the bear market difficulty & advocates for a delegate system over 1 token 1 vote.

She voices out her views on the upcoming trends across DAO ops & governance & points out the Nouns ecosystem, SharkDAO & Aavegotchi DAO as communities to look forward to. Verticals she finds interesting are fashion DAOs & DAO tooling infrastructure.  

Timeline:   

The Clique Podcast Intro & Episode Context - 0:00 - 1:59 

Mia’s Background - 1:59 - 3:39 

Overview on DAO treasury data, DeFi dominance on treasury dominance & reasons for it 3:39 - 10:05 

Takeaways of DeFi’s successful transition to DAOs for other verticals 10:05 - 14:22

Lack of business models affecting DAOs? Mia’s thoughts on that 14:22 - 23:30 

Upcoming trends that could improve DAO ops & governance 23:30 - 29:30 

How web2 should look to adopt the DAO model going forward 29:30 - 38:08 

Verticals that could drive the DAO wave in the next bull market  38:08 - 43:00 

What to expect from ThePass 43:00 - 46:10

Important Links:  

Mia Bao - https://twitter.com/mialalala2  

ThePass - https://twitter.com/thepass_to  

Website: thepass.to  

Follow us at :

Abhishek Ajit - https://twitter.com/SicarioOfCrypto 

Abhishek Sonawane - https://twitter.com/5800Abhishek

The Clique Podcast - https://twitter.com/clique_dao 

Clique Podcast Discord: https://discord.gg/mJDMGzSNtc