Tally shuts down after canceling its planned ICO, concluding that DAO governance tooling is not a viable venture-backed business in today’s crypto market despite facilitating over $1B in payments and securing $80B in on-chain value.

I can't wrap my head around this. A well to do upcoming project just shutting down like that. Really sad

Top comment by @Danicjade

More coverage

• Tally Shuts Down After Five Years, Cancels Planned ICO - Phemex (phemex.com)
• Tally's dignified farewell after five years | 律动BlockBeats on Binance ... (binance.com)
• Tally Shuts Down, Cancels ICO as DAO Model Struggles (ourcryptotalk.com)
• Crypto governance platform Tally winds down after scrapping ICO ... (cryptopolitan.com)
• Tally shuts down operations amid reduced demand for DAO tools (cryptonews.net)

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