The DAO
The DAO, also known as the Decentralized VC Fund, was able to raise nearly 15 billion yen. However, it suffered a hacking incident that resulted in the loss of 6 billion yen. Despite this setback, Yearn Finance has emerged as a more refined version of The DAO. More information about Yearn Finance can be found here(https://bokujyuumai-salon.ethereum-japan.net/wiki/4920). For further details and resources, please refer to the following links:
It seems that there is a discussion about the voting rights of investment institutions, which is related to the concept of a Governance token.