Ripe DAO Governance Token

Ripe DAO Governance Token is for a narrow corner of crypto: the governance token side of a DAO, where holders are meant to vote on how a project is run. By our assessment, that makes it a token with a clear job but a very limited one, because governance tokens are only as meaningful as the rules and activity around them. In practice these assets usually feel more like voting chips than money, and that is also their weakness: if the DAO is quiet, the token can become a symbol without much day-to-day use. Compared with major coins, it sits much closer to project control than to payments, and the name already tells you what it is trying to be. It suits people who care about on-chain governance more than spending, and it is not for anyone looking for a simple medium of exchange.