It's not that I told you so .... but I told you so. DAOs that were started by a centralized entity in order to either involve a community, do regulatory arbitrage, "airdrop responsibility" to the users or whatever ... just don't work. They tend to centralize back to the entity that gave birth to them. Case in point. - @Optimism and the optimism foundation / OP Labs (check how governance evolved there and what "optimistic governance" means) - @ENS_DAO and ENS labs as per the screenshots. Slowly but surely this is what's gonna happen. And perhaps that's the right way to go! Proper company structure with incentives, responsibilities and accountability is 100x better than the chaos, disorganization, politics and "experiments" of token holder voting and various governance systems we seen through the years. But then just stop calling them DAOs. Don't worry Gensler is gone. You can stop pretending now.