DeFi Alliance Becomes ‘Alliance DAO’ After $50M Raise From 300 Web 3 Leaders

Posted on by American Coins & Gold

DeFi Alliance Becomes ‘Alliance DAO’ After M Raise From 300 Web 3 Leaders
A top crypto accelerator is DAOifying itself to the tune of $50 million.DeFi Alliance, the incubator of platforms from Sushi to Olympus DAO, rebranded itself as “Alliance DAO” Thursday. A who’s-who of crypto investors, executives, NFT bulls – and also Jake Paul – backed the self-styled “digital startup nation.”Some 300 contributors provided the funding, according to project founder Imran Khan, ranging from Libra co-creator Morgan Beller to OpenSea’s Devin Finzer.What the new moniker means for the newly-minted decentralized autonomous organization (DAO) is somewhat TBD. Alliance said it will “start to take shape” in the months ahead with governance documents and…