Ethereum Co-Founder Vitalik Buterin Calls for DAO Reform and New Governance Models

Ethereum (ETH) co-founder Vitalik Buterin has stated that Decentralized Autonomous Organizations (DAOs) require a fundamental rethink. Buterin argues that current DAO governance models, which often rely heavily on token-based voting, are flawed and susceptible to short-termism and centralization by large holders. He emphasizes the need for more innovative and resilient structures that can better represent the long-term interests of their communities. This critique from a leading blockchain figure highlights ongoing debates about decentralized governance and the evolution of Web3 organizations. The call for reform suggests a maturation phase for DAOs, potentially leading to more robust and effective frameworks in the crypto ecosystem.