Venture studio decent_dao has launched a DAO to build and finance new protocols with $10 million in funding at a $56 million valuation. BrandyBetz reports
, a developer framework to help companies scale their operations as a decentralized autonomous organization . It turns out Fractal was the first project from Decent DAO, a new project formally announced on Wednesday with a $10 million on-chain investment at a $56 million valuation from top names in crypto investing.
A venture studio builds companies rather than offering up a passive investment, a tactic that McCurley thinks has lost its competitive edge. Decent DAO is a shared decentralized studio for venture funds, builders and others to come together and build protocols.Decent Labs has five years of experience developing decentralized finance solutions on Ethereum. Decent DAO has only the broad mission of supporting open-source decentralized systems that involve tokenization as an economic driver.
Decent DAO will staff each new project with core contributors in the areas of development, design, product and marketing to get it started.The definition of a DAO, like Web 3, differs depending on who is using the term. At heart, a DAO is simply a collection of people working toward a shared goal with some type of token ownership involved.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Liquid Staking: A DAO Perspective | HackerNoonHow can DAOs diversify and earn yield on their treasuries? Through white label liquid staking solutions, like those offered by Geode Finance.
Les mer »
Public School Designers Dao-Yi Chow and Maxwell Osborne Turn Mentors for an Emerging Designer ShowcaseIn an arrangement sponsored by MADE x PayPal, the Public School duo will mentor K.ngsly, When Smoke Clears, and Bed on Water ahead of two-day June festival.
Les mer »
Scotty Kilmer Made A Decent Video About EV HistoryMaking a video that's mostly fair and even informative for EV buyers is a big step for most traditionalist automotive people.
Les mer »
Indian Crypto Exchange CoinDCX Raises $135 Million, Valuation Reaches $2.15 Billion Indian Crypto Exchange CoinDCX Raises $135 Million, Valuation Reaches $2.15 BillionThe company plans to spend the money on new product offerings, hiring, and compliance issues. The company plans to spend the money on expanding product offerings, hiring new talents, and focusing on compliance issues
Les mer »
Beer Giant Anheuser-Busch Joins Metaverse BandwagonBeer Giant Anheuser-Busch wants to launch its own 'Budverse'
Les mer »
Thailand's Leading Power Company Gulf Energy Invests in Binance US and BNBAfter partnering with the world's largest crypto exchange in January, Gulf Energy has now invested in Binance US and BNB.
Les mer »