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Venom Blockchain and DAO Maker want to incubate web3 startups focused on real-world use cases.
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DAO Maker CEO Christoph Zaknun has been named an advisor to Venom Foundation.
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DAO Maker will actively assist in the development of the Venom ecosystem.
Venom Foundation and DAO Maker announce a strategic partnership
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), announced on Friday that it has partnered with DAO Maker, a leading blockchain growth solutions provider known for its Launchpad.
The partnership will see the two entities incubate promising Web3 startups focused on delivering real-world use cases. Thanks to this latest cryptocurrency news, DAO Maker will actively assist in the development of the Venom ecosystem and contribute to the success of projects within the Web3 space.
The Venom Foundation said it is confident that it would empower web3 developers to make valuable contributions to the ecosystem and accelerate the growth of its community. The two entities are set to actively incubate new projects through the Venom Launchpad.
According to the press release shared with Coinjournal, the Venom Foundation said its launchpad will give promising Web3 projects and developer teams a unique opportunity to receive resources, guidance, and exposure from some of the most prominent players in the industry.
Venom Launchpad to leverage the expertise of DAO Maker and Venom Foundation
Furthermore, the launchpad will take advantage of the combined expertise of DAO Maker and Venom Foundation to support startups in various areas, including strategic planning, marketing and brand building.
While commenting on this latest development, Peter Knez, Chair of the foundation council at Venom Foundation, said;
“At Venom, we are dedicated to pioneering innovation in the blockchain industry. Our partnership with DAO Maker is a testament to this as we incubate promising Web3 startups and bring real-world use cases to life. We are proud to be a part of this exciting collaboration and eagerly anticipate its impact on the industry.”
Christoph Zaknun, CEO of DAO Maker, also said;
“DAO Maker is excited to partner with Venom Foundation to incubate promising Web3 startups. Our expertise in growth technologies and funding frameworks will support the development of the Venom ecosystem. I am honored to take on an advisory role within the Venom Foundation team and look forward to building the future of blockchain together.”
The Venom Foundation added that the partnership extends to the integration of the Venom blockchain and Venom Wallet in DAO Maker’s Launchpad.
Thanks to this latest partnership, DAO Maker CEO Christoph Zaknun has been named advisor to Venom Foundation
DAO Maker is an organization that provides growth technologies and authentic funding frameworks for startups, with the aim of reducing investors’ risks. DAO, the native token of DAO Maker, has been underperforming over the past few hours. At press time, the price of DAO Maker stands at $1.1275, down by 5% in the last 24 hours.
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Today, the open-end dApp fund Venom Blockchain, Inc announced its partnership with growth engine and DAO Maker, which specializes in incubating web3 startups.
The collaboration of Venom Blockchain and DAO Maker provides its users with access to numerous resources and tools dedicated to funding and investing in web3 startups, including autocuration and the new DAO Maker fund.
DAO Maker is the creator of the Syndicate platform, which provides high-quality teams with access to early-stage venture capital, while Venom enables its users with free investments in high-potential projects and long-term, diversified access to the global cryptocurrency market.
The partnership between DAO Maker and Venom is set to bring users from both platforms various benefits, such as a new autocuration fund, DCP, and access to a global network of web3 professionals, investors, and leading blockchain networks, providing users with streamlined investment opportunities for web3 projects. Additionally, users of both platforms will benefit from the joint venture’s focus on curating high-potential and innovation-driven web3 projects.
The collaboration of Venom and DAO Maker will create a synergic strategy to unlock both early-stage and long-term investments for users of both platforms. With this massive global presence of users and investors, the joint venture between the two parties is bound to create a conducive environment for web3 startups to gain the necessary traction and support in launching successful ventures.
Overall, the joint venture between Venom and DAO Maker is set to bring numerous benefits to its users, as well as the blockchain ecosystem. This far-reaching agreement is also expected to bring about immense growth for the web3 industry in terms of new projects, investment opportunities, and overall innovation.
