THE GREAT COMEBACK OF DAOS.FUN

Summary from the TLDR Crypto newsletter

DAOs.fun's journey began as Tailwind Labs, a Cosmos-based wallet that pivoted through a Sei wallet and a memecoin launchpad before finding product-market fit in investment DAOs. In its final turnaround, the team launched ai16z on Solana using the ElizaOS framework for autonomous AI agents, earning 7,000 GitHub stars in one month and reaching an $800 M market cap. The success spurred a wave of new DAO launches, democratizing on-chain fund management.