Clarity and Token Allies Partnership

Published on: 25.07.2023
Clarity and Token Allies Partnership

Clarity is thrilled to announce its strategic partnership with Token Allies to create a decentralized VC firm for Cardano Projects.

In a major development for the Cardano ecosystem, Clarity, a leading decentralized governance infrastructure provider, and Token Allies, the pioneering Decentralized Venture Capital firm, have come together for a strategic collaboration. This collaboration aims to leverage the strengths of both organizations to foster innovation and support the growth projects on the Cardano blockchain.

The Synergy

By combining Clarity’s governance infrastructure with Token Allies’ expertise in decentralized venture capital and unique organizational structure, the companies aim to create a decentralized organization that serves as a new funding mechanism and resource hub for projects building on Cardano. The goal is an ecosystem that can be leveraged by developers to obtain funding, accelerate development, and get access to necessary resources.

A key objective is to streamline the governance process. To do this, Clarity’s infrastructure will be integrated with Token Allies’ DAO governance and investment ecosystem. This will create a seamless experience for DAO members and project teams to manage and evolve their protocols in a decentralized manner.

The ultimate goal is nothing less than a decentralized innovation fund for the Cardano ecosystem. The governance of the fund will be transparent and open to all by leveraging governance tools built by the Clarity team.

About Clarity

Clarity has emerged as a key player in the Cardano ecosystem, offering cutting-edge decentralized governance infrastructure. Their comprehensive suite of tools and services enables project teams to create, manage. And evolve decentralized protocols on Cardano with ease. By providing a transparent and inclusive governance framework. Clarity empowers stakeholders to actively participate in decision-making processes, ensuring the long-term sustainability and success of projects built on the blockchain.

Website | Twitter

About Token Allies

Token Allies, as the very first Decentralized VC on Cardano, will be instrumental in driving innovation. And funding early-stage projects within the Cardano ecosystem and abroad. With a focus on supporting promising startups and entrepreneurs. Token Allies brings their innovative model in venture capital, ecosystem development, and strategic collaborations. By aligning their investments with the values of decentralization. Token Allies will play a vital role in accelerating the growth of a decentralized economy.

Website | Twitter

SOURCE: MEDIUM

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 53.94%(+0.20%/24h)
ETH Dominance: 17.5%(0.00%/24h)
Defi Market Cap: $85.09B(-8.24%/24h)
Total Market Cap: $2367.87B(-1.13%/24h)
Total Trading Volume 24h: $73.45B(-18.20%/24h)
ETH Market Cap: $414.16B
Defi to ETH Ratio: 20.55%
Defi Dominance: 3.42%
Altcoin Market Cap: $1090.57B
Altcoin Volume 24h: $44.34B
Total Cryptocurrencies: 30676
Active Cryptocurrencies: 10016
Active Market Pairs: 82073
Active Exchanges: 792
Total Exchanges: 8971
BTC: 64744.76$(-0.25%/1H)
ETH: 3446.09$(-0.28%/1H)
AVAX: 27.59$(-0.29%/1H)
BNB: 573.86$(0.07%/1H)
MATIC: 0.53$(-1.4%/1H)
FTM: 0.5$(0.12%/1H)
ADA: 0.44$(-0.57%/1H)
DOT: 6.19$(-0.67%/1H)
UNI: 7.92$(-0.64%/1H)
CAKE: 2.01$(0.14%/1H)
SUSHI: 0.74$(-0.33%/1H)
ONE: 0.02$(-0.36%/1H)