Investment DAOs are on the rise. Will they replace crypto venture capital? 0x_bae reports.
for projects that become liquid or marked to market.
“Crypto has allowed micro VCs to really thrive, because the return on investment on blockchain projects can be in the thousands of percent,” said Michael Steinberg, founder of venture capital firm . Steinberg dubbed investment DAOs as “fundamental recasts” of angel networks or syndicates – loosely organized networks of investors whom early-stage startups have traditionally turned to for funding., which allows accredited investors to participate in deals alongside top venture capital firms such as Tiger Global or Y Combinator.
“The problem with the syndicates is, as a passive investor, you have no access to the founder” of the startup, Steinberg said. “With DAOs, there’s no gating intermediary to block your access.”Founders also can benefit from their interaction with the DAO, which includes receiving product feedback and advice from a crypto-native community. For fledgling crypto startups, user adoption and product market fit are all too familiar challenges they – and their non-crypto counterparts – still face.
Raising funds from investment DAOs “helped us in bootstrapping our own community by on-boarding new members through co-hosting events with GCR,” said
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading – Regulation Bitcoin NewsEstonia is preparing legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations.
Baca lebih lajut »
15% Capital Gains Tax to Be Paid by Crypto Traders in Thailand: DetailsAll crypto market participants in Thailand who profit from crypto trading are now subject to a 15% tax
Baca lebih lajut »
Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: ReportThe report quotes a person in the Finance Ministry who also said cryptocurrency traders should prepare for increased surveillance.
Baca lebih lajut »
Launch House is raising a venture capital fundLaunch House, a company that hosts month-long programs for entrepreneurs at its communal houses, is raising $10 million for a fund to invest in startups, per a new SEC filing.
Baca lebih lajut »
Cryptocurrency Draft Law Presented in Peru – Regulation Bitcoin NewsA new draft law called 'Cryptoasset Marketing Framework' has been introduced in the Peruvian Congress under the number N° 1042/2021-CR, in the first attempt of the country to regulate crypto.
Baca lebih lajut »