Superdao raises $10.5M for building an All-in-one DAO platform


On January 27, DAO
Founder Yury Lifshits has announced that Superdao raised $10.5 million to
assist people to form decentralized autonomous organizations (DAOs) less
difficultly, in a funding round driven by VC firm SignalFire.
The all-in-one DAO
platform, established in October 2021, has hit a valuation of $160 million
after the seed round, Lifshits said. It has raised $11.5 million to date to power
software that makes and helps run DAOs.
“We want to help
form DAOs and operate DAOs in a simpler way,” Lifshits said. “We want to help
launch millions of DAOs and become ‘the Shopify for DAOs.’ It’s hard to launch
an online store, and Shopify made an all-in-one place with an easy-to-use guide
and template. We want to provide a [similar] template so a non-technical person
can run a DAO, too.”
Investors incorporate
Alliance, DIGITAL, One Block Capital, Fika Ventures, Pear Ventures, just as
pre-seed financial backers Shima Capital and Fifty Years. Originators from
1inch, Protocol Labs, Mercury, Golden, and Request Network, just as item
pioneers from Coinbase, OpenSea, Rainbow, Kraken, and Telegram likewise joined
the funding round.
The platform
aims to assist users or organizations with making DAOs with just "one
click." It's presently in private beta, with plans to send off an open
beta in a little while.
There's no timeline
for the third stage - opening to the general public - yet. The organization
intends to tap the subsidizing to develop its client base and work out extra
items.
There are around
10,000 to 20,000 operating DAOs around the world. However, Superdao expects
dependent upon 1,000,000 new DAOs being made before the end of 2022 - on the
off chance that makers have the right instruments.
“A lot of people
want to start a DAO but what prevents them is the bad infrastructure,” Lifshits
said. “We’re trying to fix that.”
“DAOs are
communities with shared bank accounts,” he added. Lifshits said Superdao, as a
single tick stage for DAO creation, will include a member directory, tools for
NFT and token airdrops, a depository dashboard, a taskboard, and contributor
compensation. He added that the stage will likewise incorporate an amassed news
source for DAO part refreshes and a commercial center for DAO disclosure. It
means to consolidate components of Collab Land, Gnosis Safe, DeepDAO, and
Snapshot, which DAOs at present use to perform their everyday functions.

Joyashree Dey
CBW - External Analyst
INDIA