Israel-based venture capital firm Pitango has launched an investment DAO.Pitango, one of Israel's leading venture capital firms, has launched a decentralized autonomous organization to invest in web3 projects.
"We are breaking the traditional VC model and will issue a token," Aviv Barzilay, head of First Labs at Pitango, told The Block in an interview. Barzilay declined to share a timeline for the token launch, details on tokenomics and the investment amount the DAO is launching with.The main reason for Pintago to launch the DAO is to onboard Israel's web2 startups, especially in the infrastructure and cybersecurity space, to web3, said Barzilay.
Founding members of the DAO include Barzilay himself, other unnamed core members of the Pitango First team, Celsius project manager Tomer Weiss, play-to-earn blockchain gaming startup Kryptomon's chief strategy officer Amit Peled, digital identity solutions company SuperCom's external director Oren De-lange and crypto PR firm MarketAcross's partners Nadav Dekner, Elad Mor and Itai Elizur.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Labs Makes Strategic Investment in PancakeSwap | Binance Blog.BinanceLabs has invested in PancakeSwap's utility and governance token, $CAKE. This investment will provide technology development, marketing and community support as well as Web3 enterprise solutions. BinanceLabs PancakeSwap When you will make investment in GoldenDoge11 ? BinanceLabs PancakeSwap Qel BinanceLabs PancakeSwap Heyy!!. Check out this potential x100. Project. Keep fit stay healthy and rest well and get paid while at it. Join the community and watch it skyrocket🚀🚀🚀
Source: binance - 🏆 561. / 51 Read more »
House Oversight Committee investigating Saudi investment in Kushner firmFormer top Trump adviser jaredkushner is facing an investigation from the House Oversight Committee into how he landed a $2 billion investment deal from Saudi Arabia following his White House departure. jaredkushner That's BILLION, with a 'B'. And, it isn't because he is such a great businessman.... jaredkushner Hunter Biden? jaredkushner Same way Obama bought Martha Stewart's home for 9 million dollars. He didn't make that on his salary. How about the millions Pelosi and her husband mad along with other Democrat senators just after Biden took office. Dont hear that being investigated.
Source: dcexaminer - 🏆 6. / 94 Read more »