PANews reported on June 5 that according to The Defiant, Miles Jennings, head of Crypto policy at a16z, pointed out in a blog post on June 2 that the foundation model of projects such as Ethereum and Solana has hindered the development of the industry. He believes that the current foundation has four major flaws: 1) lack of market accountability mechanism; 2) legal restrictions on commercial activities; 3) inefficient operations; 4) evolution into a centralized manager. Martin de Rijke, head of growth at Maple Finance, added that corporate operations are more adaptable to rapidly changing market needs.

a16z suggested adopting a general development company to replace the foundation model, believing that the company can allocate resources more efficiently and respond to market demand. The Uniswap Foundation is considered a rare success story. Jennings proposed two alternatives: 1) The decentralized non-profit association (DUNA) gives DAO legal status; 2) "Cyborg organization" governance is achieved through on-chain tools. Analysts pointed out that as the US regulatory environment improves, the offshore foundation model that conceals control rights needs to change.