ICYMI: Superdao raises $10.5 million seed round, valued at $160 million
The company raised a $10.5 million seed round.Superdao, which is developing a services suite for decentralized autonomous organizations , just raised a $10.5 million seed round at a $160 million valuation led by SignalFire.
The 25-person team is building a member directory with tools for NFT and token airdrops, treasury dashboard, open ecosystem for third-party DAO apps, one-click DAO creation, and more. This is in contrast to how DAOs are started and operated currently, which require heavy engineering infrastructure. More DAOs will likely pop up this year as ways to build web3 startups, investment groups, NFT and metaverse projects, and social clubs, said Lifshits.
Superdao itself is currently operating as a traditional company but has ambitions to become a DAO itself. “It will take time to do it properly,” said Lifshits. It’s a similar path for many web3 startups, who start off with C-crop type private equity to win time to fully prepare for a token-based system, he said.
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