Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on January 14, 2022, 05:59:59 AM
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DeFi Alliance has raised $50 million from contributors of its newly formed Alliance DAO to help founders grow in the space, Imran Khan, pilot at DeFi Alliance and venture partner at Volt Capital told Blockworks in an interview.
DeFi Alliance is a Web3 startup accelerator that has helped more than 90 startups. Some of the top DeFi projects by market capitalization like 0x, Alpha Finance, dYdX, Kyber, Olympus DAO, Paraswap, Ribbon Finance, Sushiswap, Synthetix, and Zerion participated in past programs.
“The next logical step will be turning [DeFi Alliance] into a DAO and giving up ownership of the accelerator program to the community,” Khan said. “DeFi Alliance’s name will be deprecated over time and replaced with Alliance or Alliance DAO,” he noted.
More Information (https://cryptonews.net/en/news/defi/3016005/)