Daos.fun
Summary
Daos.fun is a Solana-based platform that allows vetted creators to launch on-chain investment DAOs (marketed as 'meme hedge funds'), raising SOL from the public and trading it across SPL tokens with full unilateral discretion. Launched in September 2024 by pseudonymous developer Baoskee (identified by Alliance DAO as Bao Mai), the platform gained rapid notoriety through the ai16z / ElizaOS DAO and attracted significant speculative capital. Structural risks include fund-manager custody with no investor veto, extreme market-cap-to-NAV premiums documented at 29x–58x, the absence of a public smart-contract audit, and unresolved securities-law exposure in multiple jurisdictions.
Connected Entities
1 entities · 10 linked investigationsTimeline(8 events)
2024-09-26
Daos.fun platform launched on Solana by Baoskee (Bao Mai), backed by Alliance DAO accelerator
IQ.wiki / Solana Floor2024-10-01
ai16z DAO created by Shaw Walters (@pmairca) on daos.fun, initially raising 420.69 SOL; marketed as an AI-driven investment vehicle
Solana Floor2024-11-01
ai16z DAO token market cap approaches $100 million amid speculative demand, with documented market-cap-to-NAV ratio of 58:1
ChainCatcher2024-12-01
Top daos.fun meme funds experience market-cap declines of up to 80% in a seven-day period; ai16z drops 80% from peak
The Block2025-01-11
Aiccelerate DAO's AICC token launches on daos.fun; market cap briefly exceeds $300 million before collapsing amid KOL selloffs; Bankless acknowledges selling and describes it as 'an impulsive mistake'
ChainCatcher2025-01-01
ai16z / ElizaOS rebrands following request by venture firm Andreessen Horowitz citing brand confusion; AI16Z ticker retained pending community vote
The Block / Decrypt2025-03-01
Daos.fun launches V3 upgrade introducing 'Pool Parties' staking feature with 0.5% fee auto-compounding
The Defiant2025-06-01
Daos.fun introduces Founder DAOs product: Kickstarter-style token fundraising with bonding curve and locked team vesting on Solana
ChainCatcherDecision Log
- hash: oLKLzvyJDV2rB4VTSYHqY27mnYyN6dSyZ8s7Kk736h3
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/1/2026, 3:12:31 AM
last updated: 6/1/2026, 3:12:36 AM
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