SubDAO closes new round of funding with Kernel Ventures and many other prominent institutions

SubDAO is Poca’s DAO infrastructure that allows any decentralized organization to create and manage DAOs quickly.

SubDAO closes new round of funding with Kernel Ventures and many other prominent institutions

SubDAO has officially closed a new round of funding from Hypersphere, Huobi Ventures, Kernel Ventures, OKEx Blockdream Ventures, CMS Holdings, Signum Capital, NGC Ventures, SevenX Ventures, Digital Finance Group (DFG), Spark Digital Capital, LD Capital, Digital Renaissance Foundation (Digital Renaissance Fund), Dealean SevenX Ventures, Digital Finance Group (DFG), Spark Digital Capital, LD Capital, Digital Renaissance Foundation, Dealean Capital, Divergence Ventures, Bixin Ventures, Kenetic Capital, AU21 Capital, Illusionist Group, and dozens of others, as well as members of DCG Group’s early team and former Chief Growth Officer and Massari founder Ryan Selkis and Mask Network founder Suji, among other individuals. It is believed that this financing will bring in more strategic resources for SubDAO’s growth.

SubDAO is a Poca DAO infrastructure, and the founding team consists of former Technical Team Leader of IBM Group and a number of well-known early developers of Poca, with past experiences of team members including IBM, Tencent, Alibaba and other Internet companies. In addition, Jack Platts, former Director of External Partnerships at the Web3 Foundation and Partner at Hypersphere Ventures, serves as a strategic contributor to SubDAO.

The SubDAO team has received two grants from the Web3 Foundation, the first one has been completed and submitted, and is currently working on its second grant. the SubDAO team will actively participate in the parallel chain bidding, and the specific bidding plan will be announced soon.

About SubDAO
SubDAO is Boca’s DAW infrastructure that allows any decentralized organization to quickly create and manage DAWs. subDAO will not only link DAWs and DApps for cross-chain management of DAWs, but will also provide a portal for Web 2.0 to connect to the Web 3.0 world.

Through SubDAO’s Web2.0 middleware, users can realize DAPO governance directly on traditional social platforms. Developers can quickly integrate DAO governance capabilities in their own blockchain, web, iOS/Android mobile devices and PC-based applications through the SubDAO Airfone SDK. In addition, SubDAO’s range of templates and eco-tools allow DAOs to implement various decentralized application scenarios such as crypto asset management, credit lending, instant messaging, and more.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/subdao-closes-new-round-of-funding-with-kernel-ventures-and-many-other-prominent-institutions/
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