2023-10-03 15:26:12
DWF Labs Invested $7.5 Million in AirDAO for Explosive Growth
DWF Labs has invested $7.5 million into AirDAO to increase adoption of the AirDAO’s ecosystem. This is an expansion of projects’ partnerships, following DWF Labs’ recent $2 million investment in September 2022. The current investment comes with a one-year cliff and a 36-month vesting schedule. As a part of the deal, AirDAO provided a 1.5 billion AMB loan over 36 months to enhance liquidity across diverse avenues.
What's in it for AirDAO and the community?
Rapid Governance Development: AirDAO expects swift progress on the governance roadmap, reinforcing decentralized decision-making.
Global Expansion: AirDAO will explore Southeast Asia and Africa, broadening its impact.
Talent Powerhouse: A specialist team will innovate and attract talent to fuel the project's growth.
Stronger Brand: AirDAO is improving its global social media presence, ensuring better community engagement.
Long-term Alliance: DWF Labs' investment signals unwavering support for AirDAO's ambitious goals.
DWF Labs will amplify AirDAO's presence in regions like Turkey and co-host an event during Binance Blockchain Week in Nov 2023.
Moreover, the sides are establishing a
$1 million ecosystem investment fund to inspire projects to launch on AirDAO, driving innovation.
This partnership accelerates AirDAO's vision for DeFi.
DWF Labs, a global digital asset market maker, and web3 investment firm, boasts a high-frequency trading presence on 60+ top exchanges. This robust backing propels AirDAO to new heights.
AirDAO is a community-governed layer-1 blockchain and Web3 ecosystem powered by AMB — the blockchain's native token. AirDAO brings the benefits of Web3 to a global audience with a suite of powerful products in an intuitive, all-in-one interface that makes DeFi more accessible for all
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