{"id":85980,"date":"2023-10-19T18:00:23","date_gmt":"2023-10-19T15:00:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=85980"},"modified":"2025-09-13T02:36:59","modified_gmt":"2025-09-12T23:36:59","slug":"superdao-team-announces-closure-of-project","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/superdao-team-announces-closure-of-project\/","title":{"rendered":"SuperDAO team announces closure of project"},"content":{"rendered":"

Founder of SuperDAO Yuri Lifshitz said<\/a> the platform would close due to “unmet expectations” from the crypto market.<\/p>\n

Created in 2021 as a project to launch DAO<\/a>, it supported more than 2,000 organisations. However, most of them had short lifespans, and as a result SuperDAO became unsustainable as a business, the statement said.<\/p>\n

In 2022, the platform pivoted to building analytics tools for already-launched Web3<\/a> projects. According to Lifshitz, SuperDAO was used by “dozens of leading crypto companies”.<\/p>\n

\n

“At the same time, it became clear that the industry itself was smaller than its initial ambitions (the ‘new internet’), and specialised tools for crypto firms were unlikely to yield venture-scale results,” the head of the platform explained.<\/p>\n<\/blockquote>\n

Based on these conclusions, the SuperDAO team decided to return the remaining funds to investors and wind down operations.<\/p>\n

Some project staff have already launched seven new companies in the Web3 field. Lifshitz promised to share later “a detailed breakdown of the key lessons learned.”<\/p>\n

Earlier in October, the European Central Bank called<\/a> the future of the DAO sector ‘limited’ due to the lack of a regulatory framework.<\/p>\n","protected":false},"excerpt":{"rendered":"

Founder of SuperDAO, Yuri Lifshitz, announced the closure of the platform due to ‘unmet expectations’ from the crypto market.<\/p>\n","protected":false},"author":1,"featured_media":85981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[80],"class_list":["post-85980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dao"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=85980"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85980\/revisions"}],"predecessor-version":[{"id":85982,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85980\/revisions\/85982"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/85981"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=85980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=85980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=85980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}