DAO Creator Platform Raises $10.5M, Projects 1 Million New DAOs by Year-end

The platform aims to help users or businesses create DAOs with just “one click”


Source: Superdao


key takeaways

  • “We want to help form DAOs and operate DAOs in a simpler way,” Founder Yury Lifshits told Blockworks
  • There are about 10,000 to 20,000 operating DAOs, but Superdao anticipates the subsector hitting up to 1 million new DAOs by the end of 2022

Superdao has raised $10.5 million to help people form decentralized autonomous organizations (DAOs) in a simpler way, Founder Yury Lifshits told Blockworks. 

The all-in-one DAO platform, founded in October 2021, has hit a valuation of $160 million after the seed round, Lifshits said. It has raised $11.5 million to date to power software that creates and helps run DAOs.

“We want to help form DAOs and operate DAOs in a simpler way,” Lifshits said. “We want to help launch millions of DAOs and become ‘the Shopify for DAOs.’ It’s hard to launch an online store, and Shopify made an all-in-one place with an easy to use guide and template. We want to provide a [similar] template so a non-technical person can run a DAO, too.”

Investors include Alliance, DIGITAL, One Block Capital, Fika Ventures, Pear Ventures, as well as pre-seed investors Shima Capital and Fifty Years. Founders from 1inch, Protocol Labs, Mercury, Golden, and Request Network, as well as product leaders from Coinbase, OpenSea, Rainbow, Kraken, and Telegram also joined the funding round.

The platform aims to help users or businesses create DAOs with just “one click.” It’s currently in private beta, with plans to launch an open beta in a month or two. 

There’s no timeline for the third phase — opening to the public — yet. 

The company plans to tap the funding to grow its customer base and build out additional products. 

There are about 10,000 to 20,000 operating DAOs worldwide. But Superdao anticipates up to one million new DAOs being created by the end of 2022 — if creators have the right tools. 

“A lot of people want to start a DAO but what prevents them is the bad infrastructure,” Lifshits said. “We’re trying to fix that.”

Don’t miss the next big story – join our free daily newsletter.


Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

MON - WED, MARCH 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience:  Attend expert-led panel discussions and fireside chats  Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts   Grow your network […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Frax report cover.jpg


Frax saw continued development in its frxETH liquid staking derivative and Fraxlend money market throughout 2023. Frax V3 introduces an RWA strategy to drive utility to the protocol's cornerstone product, the FRAX stablecoin.


MicroStrategy discloses the purchase of 16,000 bitcoin throughout November


Digital asset firms face potential new regulatory landscape under Treasury’s proposed authority expansion


Uniswap Labs will be providing trading APIs to Talos investors through Fireblocks


DYDX supply will climb by up to 80% after the Friday unlock, but a couple factors make a massive sell-off appear unlikely


Switzerland-based Pando Asset, which has crypto products trading on the SIX Swiss Exchange, now looks to the US


Binance does not hold the required licenses to advertise and serve customers in the Philippines, the country’s securities regulator said