Stratos Investment in PrimeDAO

Published on: 25.09.2021
Stratos Investment in PrimeDAO

Stratos announced investment into PrimeDAO’s $2 million dollar seed round.

The PrimeDAO builders are at the forefront of DAO (Decentralized Autonomous Organization) innovation and it is exciting to be along for the ride.

PrimeDAO will soon launch four of its major tools:

Deals — An interface which allows for the creation of agreements between DAOs. (Joint ventures, token swaps, etc.)

Pools — Liquidity pools governed by the DAOs. Can bridge liquidity between allied ecosystems.

Launch — Decentralized token launches built on top of Balancer V2 LBPs.

Rating — Permissionless rating system gauging risk and quality of digital assets.

The purpose of each of these is to expand and improve the toolkit for DAOs and decentralized applications. The Deals interface is particularly interesting as it will enable D2D collaboration. This has previously not been possible.

About PrimeDAO

PrimeDAO is made up of some of the most important DAO contributors in the space. With supporters from API3, Curve Labs, Balancer, and many others; PrimeDAO is poised to become a powerhouse in the DAO community.

About Stratos

Founded in 2016 Stratos Technologies is a multi-faceted venture capital firm with expertise in financing, operating, and advising technology businesses. Since inception the firm has executed over $300M in credit and equity transactions in some of the most promising high-growth, technology businesses around the globe. Active from seed stage and beyond, they empower founders to achieve their vision through rigorous engagement, strategic guidance, and capital.

📰 INFO

https://medium.com/stratos-technologies/the-dao-evolution-our-investment-in-primedao-b1858d04d140

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