The Y Combinator of Web3 Attracts Record Number of DAO Startups
The Y Combinator of Web3 Attracts Record Number of DAO Startups

The uptick has been good news for one Web3 accelerator: Alliance. A record number of DAOs (decentralized autonomous organizations) and related startups will pitch to investors during Alliance’s Demo Day on Wednesday, Qiao Wang, a contributor, told Blockworks. Last April, total DAO AUM was just $932 million, according to data dashboard DeepDAO.io. Specifically, 10.3% of those presenting at the Demo Day will be related to the nascent space.

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