DAOs are now on Bitcoin — seriously?! 🪙
Bitcoin was once all about storing value — no smart contracts, no DAOs, “just Satoshi’s vision.” But things are changing 👀
In September 2024, the first Bitcoin-based DAO launched on the @rootstock_io Layer‑2 network — RootstockCollective. Participants can stake tokens and vote on decisions much like in Ethereum DAOs 👀
This is a major milestone for Bitcoin: L2s like Rootstock bring EVM compatibility to $BTC, making possible everything Ethereum DAOs offer — token governance, on‑chain voting, and treasury management — all while leveraging Bitcoin’s security
Importantly, this marks the third Ethereum-inspired innovation making its way to Bitcoin:
✅ NFTs
✅ Tokens
✅ Now — DAOs