DAOLaunch Scores $300k Seed Funding Round

Picture of Funds Raised by DAOLaunch

DAOLaunch Scores $300k Seed Funding Round

DAOLaunch, a startup that develops an autonomous decentralized (DeFi) P2P launch platform, successfully closed its seed round of funding on the 2nd of February 2021. The funding round was $300 000.00. 

From the 8th of March 2021, DAOLaunch plans to continue implementing the seed funding for development into its 2nd round.

Picture of Funds Raised by DAOLaunch

The Purpose of Procurement and The Future Development

DAOLaunch aims to allocate its funds to product development and marketing. In the blockchain world, DeFi is very fast. Because it’s a product released in one of the busiest categories, it needs to go through a short launch period.

By expanding its number of engineers, DAOLaunch will develop products that will enable “excellent startups to raise funds more efficiently” and “investors will also create a new market for buying and selling NFT portfolios”, thereby providing a platform for investment activities with a wide range of options.

About DAOLaunch

DAOLaunch was founded to realize a world where entrepreneurs and investors can benefit by connecting investors and entrepreneurs directly on the blockchain and eliminating intermediate organizations. In start-up investment, venture capital is interposed between investors and entrepreneurs, and the environment in which these intermediaries benefit is becoming a norm. They benefit immensely from entrepreneurs that create new ideas and investors that throw capital at them. 

The world created by DAOLaunch connects investors and entrepreneurs directly on the blockchain, enabling venture funding at a very low fee. Additionally, we will be the first in the world to implement a decentralized venture capital Initiative, in which each investor’s investment performance is recorded on a unique NFT token and everyone on the platform can brand themselves as a venture capital firm

DAOLaunch is a pioneering project that opens up new markets that are in high demand. Users can create their own start-up investment portfolios on an NFT and buy and sell it directly on an auction market. Venture Capital buyouts have opened up the fiat market to the cryptocurrency world.

On DAOLaunch, It’s possible to get rates that have accumulated interest by lending your NFT investment portfolio. Investments in this light have broken the conventional wisdom that startups did not generate money until they were listed. 

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