Paradigm Leads $2.2 Million Financing for MetaDAO, a Solana-Based Governance Experiment
Publication Time:2024-08-01 21:21:06
Venture capital giant Paradigm announced leading the $2.2 million financing for MetaDAO, a project based on Solana that focuses on exploring market-driven governance models independent of voting. The aim is to achieve this innovation through months of practical application. In addition to providing financial support, Paradigm will hold 3,035 META tokens, becoming the largest single holder of tokens, accounting for 14.6% of the total supply. Furthermore, around 30 angel investors also participated, purchasing a total of 965 META tokens, resulting in a total funding amount of $2,229,950.
Solana
Paradigm
MetaDAO
financing
governance experiment
market forces