All important announcements for the AirDAO community.
AirDAO X DWFlabs partnership:
AirDAO, a Decentralised Autonomous Organization focused on building a sustainable and inclusive ecosystem, has secured a significant investment of $7.5 million from DWF Labs.
This latest investment comes on the heels of DWF Labs’ previous investment of $2 million in September 2022, demonstrating a strong and growing partnership between the two entities.
DWF Labs Research, a renowned global digital asset market maker and multi-stage web3 investment firm, is one of the largest high-frequency cryptocurrency trading entities in the world. With its expertise in spot and derivatives markets on over 60 top exchanges, DWF Labs has positioned itself as a key player in the crypto industry.
The investment from DWF Labs will not only provide financial support to AirDAO but also leverage the resources and networks of DWF Labs, DWF Ventures, and DWF Ecosystems. This comprehensive support will enable AirDAO to accelerate its growth and bring on board the next generation of users. Andrei Grachev, Managing Partner of DWF Labs, expressed his excitement about the partnership, stating that AirDAO’s battle-tested technology, strong decentralized governance, and experienced team were key factors in their decision to invest. Grachev also highlighted the clear communication and alignment of goals between the two entities, emphasizing DWF Labs’ commitment to supporting strong companies like AirDAO. In addition to the financial investment, DWF Labs will facilitate AirDAO’s expansion into local markets, particularly in regions such as Turkey. Both entities plan to jointly host a networking event at the fringes of Binance Blockchain Week in November 2023, leveraging DWF Labs’ vast network to enhance AirDAO’s presence. Furthermore, AirDAO will receive support from DWF Ecosystem to explore collaboration and development opportunities with DWF Labs’ portfolio companies. This collaboration aims to foster innovation within the AirDAO ecosystem and drive the adoption of decentralized applications (dApps) built on the AirDAO chain. To further incentivize projects to launch on AirDAO, the two entities have committed to a $1 million ecosystem investment fund. This fund will provide support and incentives for developers and entrepreneurs to build on the AirDAO platform, fostering the growth of the ecosystem. Overall, the investment from DWF Labs marks a significant milestone for AirDAO and highlights the growing interest and confidence in the project’s potential. With the support of DWF Labs and its extensive resources, AirDAO is well-positioned to further expand its brand presence globally and solidify its position as a leading force in the world of decentralized finance.