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Today: December 27, 2024
May 2, 2024
1 min read

Haun Ventures spearheads $5M investment in Agora’s cross-chain governance




Article Summary

TLDR:

  • Haun Ventures led a $5 million seed round in cross-chain governance platform Agora.
  • Agora offers an end-to-end governance protocol for decentralized communities.

Article Summary:

Haun Ventures, a venture capital firm, has taken the lead in a $5 million seed funding round for Agora, a cross-chain governance platform. Other participants in the funding round include Seed Club, Coinbase Ventures, and notable individuals like Sina Habibian and Balaji Srinivasan. Agora’s governance protocol offers various tools such as gas voting, proposal sponsorship, and transaction simulation, and is already being used by projects like Optimism, Nouns, ENS, and Uniswap. The platform aims to set a new standard in governance tooling for decentralized communities. Founded in 2022 by Yitong Zhang, Charlie Feng, and Kent Fenwick, Agora focuses on enhancing collectively-governed protocols through innovation and technology. The platform is designed to make governance processes more efficient and effective by providing a comprehensive suite of governance solutions.


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