dao times - DAO Governance Platform Tally Announces Shutdown
ChainCatcher report: Tally, a DAO infrastructure provider, has announced its shutdown. The platform has been operational for six years. Its CEO, Dennison Bertram, stated that the strict regulatory environment under former U.S. SEC Chair Gary Gensler during the Biden administration initially drove projects to adopt DAO governance to reduce legal risks; however, with the current regulatory climate becoming more relaxed, DAO governance is no longer a necessary choice, thereby diminishing demand for governance tools.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
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