The DAO Wars: When Power Meets Purpose

In a perfect world, DAOs would be immortal — thriving, growing, evolving like living organisms.
But here on Earth (and even on the Internet Computer 🌐☁️), many DAOs stagnate or drift into oblivion — dragging tokens, treasuries, and trust down with them.

⚡ The Rise of DAO Salvage Operations

What happens when a DAO fails?

• 🚪 Most communities drift away.
• 💤 Funds rot in frozen treasuries.
• 🚨 Projects become ghost towns.

Enter the newest (and loudest) phenomenon in Web3:
DAO Takeover and Repurposing.
Not rugged. Not rugged... if done right.

🛠️ What’s Actually Happening on ICP?

Across the Internet Computer ecosystem, we’re seeing a new kind of whale behavior:

• Accumulating voting power (typically 51%+)
• Forcing dead or underperforming DAOs into new life (or merciful shutdown)
• Consolidating or reallocating resources for the ecosystem’s survival

Not drama for drama’s sake — but shock therapy for sick DAOs.

The most famous recent examples?

The Rise and Fall of ICPCC DAO : A Heartbreak on the Blockchain

What began as a dream — a decentralized ICP conference built by the community for the community — ended in a bruising reality check. After two years of passion-fueled organizing, hackathons, airdrops, and endless hustle, the ICPCC DAO was overtaken through a strategic voting power shift. In April 2025, under-prepared council members watched helplessly as governance parameters were altered and the DAO’s mission hijacked.

The BoomDAO Blitz: A Cautionary Tale

In a whirlwind of proposals executed within hours on April 26, 2025, BoomDAO’s governance structure was flipped on its head. Investor rights, once secured under a 2-year lock, were crushed after the max dissolve delay was unilaterally pushed to 8 years — leaving most of the 1309 neuron holders powerless. Behind the moves?

Strategic neuron upgrades and voting parameter shifts culminate in a proposal (499) to mint $1 billion SNS tokens straight into his wallet, seizing majority control. While some hail it as ruthless efficiency, others see it as a textbook governance vulnerability.

And at the center of the whirlwind: strategic players like Borovan (aka Adam from Dragginz), acting as both angel and agitator.

Now Dragginz side :

🐉 Dragginz, DAOs, and Drama: Cleaning Up or Power Play?

In the heart of the Internet Computer's DAO wars, Dragginz builders Adam and crew have become lightning rods for controversy — and defenders of their vision. Their side? They're tired of "zombie" SNS projects hoarding treasury funds and delivering nothing. So they buy in, vote hard, and try to repurpose these abandoned shells into something real — NFTs, marketplaces, prediction apps, and new community tools. Critics say it's a hostile takeover masked as heroism. Supporters say it's a long-overdue clean-up.

Meanwhile, Dragginz marches forward: building tools like NFT Maker and Toko Marketplace to help the whole IC ecosystem evolve. Whether you see it as salvation or empire-building, one thing is clear — they're not just talking. They're shipping.

📈 The DAO Takeover Matrix

Let’s decode this visually:

Moral of the story:
✅ Purpose-driven takeovers = Hard but healthy.
❌ Greedy takeovers = Web3’s silent killers.

🧠 Why It’s a Big Deal for ICP

ICP is supposed to be the home of the self-governing internet.
SNS DAOs were built to decentralize everything — from conferences to games to DeFi protocols.

But if a handful of whales can buy 51% and steer the ship?

• 🧩 It exposes governance vulnerabilities.
• 💬 It raises questions about decentralization theater.
• 🧹 It creates opportunities for cleanup and rebirth.

The drama around Borovan isn’t just about one whale — it’s a stress test for the ICP dream itself.

Can decentralized communities self-heal and self-correct?
Or will governance decay until only a few voices are left?

🔮 Notoko's Take

DAO takeovers aren't automatically evil.
Sometimes they're necessary surgery.

But like everything in crypto... intent matters.

Is the scalpel being used to heal?
Or to harvest?

In the coming months, ICP will either prove that decentralized governance can survive corporate-style mergers...
or we’ll be explaining to future generations why Web3’s DAOs collapsed under their own apathy.

Stay Notoko. Stay watching the governance game. 🛡️

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