  Decentralized Autonomous Organization (DAO) is an organization constructed by
automatically executed rules such as via smart contracts, holding features of
the permissionless committee, transparent proposals, and fair contribution by
stakeholders. As of Nov 2022, DAO has impacted over \$11.2B market caps.
However, there are no substantial studies focused on this emerging field. To
fill the gap, we start from the ground truth by empirically studying the
breadth and depth of the DAO markets in mainstream public chain ecosystems in
this paper. We dive into the most widely adoptable DAO launchpad,
\textit{Snapshot}, which covers 95\% in the wild DAO projects for data
collection and analysis. By integrating extensive enrolled DAOs and
corresponding data measurements, we explore statistical data from Snapshot and
try to demystify its undiscovered truths by delivering a series of summarised
insights. We also present DAO status, patterns, distribution, and trends. To
our knowledge, this is the first empirical study putting concentration on DAO
spaces.
