Binance Labs Invests $8M in Hackathon Organizer DoraHacks

Posted on by American Coins & Gold

Binance Labs Invests M in Hackathon Organizer DoraHacks
DoraHacks, a global hackathon organizer and Web 3 developer community, has received $8 million in strategic funding from Binance Labs, the venture capital and incubator arm of the world’s largest crypto exchange by volume.DoraHacks provides on-chain toolkits to help developers raise funds for their startups. DoraHacks community members have received over $12 million in grants and donations so far this year, according to the company.“Since 2018, DoraHacks has partnered with Binance on 15 global hackathons and grant rounds. Through DoraHacks’ developer events and grant toolkits, Binance has distributed over $2 million in funding to more than 100 teams,” said DoraHacks…