News Explorer — DAO Governance Platform Tally Shuts Down as Crypto Regulation Ramps Up

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Mar 17, 2:30 pm

Coindesk

DAO Governance Platform Tally Shuts Down as Crypto Regulation Ramps Up

Tally, a key player in on-chain governance for major DAOs, is shutting down after six years due to disappearing demand caused by regulatory changes and a lack of decentralized application growth. The company's CEO believes the industry no longer requires decentralization as a necessity.

Tally, a key player in on-chain governance for major DAOs, is shutting down after six years due to disappearing demand caused by regulatory changes and a lack of decentralized application growth. The company's CEO believes the industry no longer requires decentralization as a necessity.

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