DEXs Gain Momentum as Market Shifts Away from Centralized Trading

**XDAO is introducing automated on-chain crowdfunding** on the TON blockchain, moving away from traditional manual processes. **Key improvements:** - Eliminates bank card transfers and Excel tracking - No more screenshot receipts needed - **Fully automated and transparent** money flow - Clean on-chain fundraising process The new crowdfunding feature will be available in the XDAO app **coming soon**. This builds on XDAO's recent expansion plans, which include: - Multiple DAO accounts for different purposes - Telegram bot for legal agreements - **Parallel fundraising campaigns** with LP tokens XDAO continues developing comprehensive tools for collective governance and financing within Telegram.

**Scroll DAO's governance experiment reveals harsh reality** Scroll DAO started with textbook decentralization - tokenholders voting, delegate debates, and open treasury distribution. The reality was different: - **Low participation**: Hardly anyone voted - **Delegate failures**: Self-interested decisions and inaction - **Slow processes**: Months-long delays bottlenecked the network **September restructuring introduced:** - Execution Council for operational decisions - Scroll Foundation with veto power - Fixed treasury cycles every 6-12 months - New DAO constitution vote by January 2026 **Community reaction is mixed** - some see centralization, others see necessary pragmatism. **Key takeaway**: There's no universal DAO formula. Success requires finding structures that actually work, not following theoretical ideals.

In December 2021, crypto Twitter rallied around an ambitious plan: **buy Blockbuster and transform it into the first decentralized streaming service**. The community aimed to raise $5M through the $BLKBSTER token to acquire Blockbuster's trademark from Dish Network. Their vision went beyond brand revival - they wanted to create a **decentralized Netflix** where: - A DAO would decide which films to fund - Revenue splitting would be community-driven - Content curation would be democratized **The Social Network** author Ben Mezrich endorsed the project, calling it "the perfect Web3 story." This celebrity backing sparked massive interest, with **over 40,000 people joining the Discord** within weeks. However, Dish Network refused to even discuss selling the Blockbuster brand, effectively killing the project before it could begin. While BlockbusterDAO never materialized, it became a notable example of how **DAOs can mobilize communities around ambitious ideas** - joining other failed attempts like buying the U.S. Constitution. The project highlighted both the potential and limitations of decentralized organizing in traditional industries.

A festive transformation is underway with holiday-themed changes already visible. The platform has begun implementing seasonal updates, with more features expected to roll out throughout the week. This follows November's teaser about upcoming Christmas-themed changes. The gradual rollout suggests a carefully planned holiday celebration. - Current changes include holiday emojis and themed elements - Additional updates scheduled throughout the week - Part of a larger festive season plan Users can expect more holiday surprises as we approach Christmas.