DAO Management Platform Common Raised $20M with Participation from Polychain and Others

May 24,2022,21:24

DAO management platform Common has raised $20m in funding with participation from Polychain, Spark Capital, Jump, BitDAO and others. The fund raised will be used to further develop and decentralize its platform Commonwealth. Common aims to provide DAOs a management platform. It allows DAOs to easily deploy governance contracts, crowdfund for new initiatives, and offer a chat feature for DAO members to interact. In the future, Common plans to launch its token $CMN.

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