{"id":570621,"date":"2026-03-18T10:53:39","date_gmt":"2026-03-18T10:53:39","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/18\/tally-winds-down-citing-lack-of-viable-market-for-dao-tooling\/"},"modified":"2026-03-18T10:53:39","modified_gmt":"2026-03-18T10:53:39","slug":"tally-winds-down-citing-lack-of-viable-market-for-dao-tooling","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/18\/tally-winds-down-citing-lack-of-viable-market-for-dao-tooling\/","title":{"rendered":"Tally winds down, citing lack of viable market for DAO tooling"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2ZmZmQtZDM4Mi03MDFjLWEwNmItZmYyOTE5OTE0OTk0LmpwZw==.jpg\" alt=\"Tally winds down, citing lack of viable market for DAO tooling\" class=\"type:primaryImage\" \/><\/p>\n<p>Tally said its platform served more than one million users, supporting governance across hundreds of organizations and processing over $1 billion in payments.<\/p>\n<p>Decentralized autonomous organization (DAO) governance platform Tally is shutting down after five years of operations, citing a lack of sustainable business models for governance tooling in the crypto market.\u00a0<\/p>\n<p>Tally co-founder and CEO Dennison Bertram <a title=\"https:\/\/x.com\/tallyxyz\/status\/2033914203837280737\" href=\"https:\/\/x.com\/tallyxyz\/status\/2033914203837280737\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> the company will begin winding down at the end of March. He added that the company is not moving forward with a planned <a title=\"https:\/\/cointelegraph.com\/explained\/ico-explained\" href=\"https:\/\/cointelegraph.com\/explained\/ico-explained\">initial coin offering (ICO)<\/a>, concluding that it could not confidently deliver on the expectations that would come with selling tokens to investors.\u00a0<\/p>\n<p>Tally\u2019s closure comes despite years of activity on its platform, which supported governance for hundreds of organizations and processed more than $1 billion in payments, according to Bertram. At its peak, the company said it helped secure up to $80 billion in value and served more than 1 million users.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/tally-winds-down-citing-lack-of-viable-market-for-dao-tooling\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Tally said its platform served more than one million users, supporting governance across hundreds of organizations and processing over $1 billion in payments. Decentralized autonomous organization (DAO) governance platform Tally is shutting down after five years of operations, citing a lack of sustainable business models for governance tooling in the crypto market.\u00a0 Tally co-founder and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":570622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-570621","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=570621"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/570622"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=570621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=570621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=570621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}