AirDAO receives a $500,000 grant from DWF Labs for ecosystem growth
The AirDAO Council recently visited Davos, Switzerland, to participate in CRYPTO2030. As part of that trip, we spent considerable time with DWF Labs — our long-term investors, market-makers, and partners.
We’re pleased to announce a further step of commitment from DWF Labs to support our rapidly developing ecosystem. DWF Labs will provide a grant of $500,000 to the AirDAO Ecosystem Treasury to support ecosystem development and our growth as a layer one blockchain.
The AirDAO Council will use these funds to launch dApps to increase the utility of our ecosystem and create mobile-first DeFi protocols that will improve our users’ access to decentralized finance tools and enhance their investment opportunities.
DWF labs previously agreed to a joint $1 million ecosystem development fund. However, this was on a prior-submit basis. DWF Labs’ new grant is a signal of increasing its commitment to our ecosystem by trusting the AirDAO Council to make investment decisions.
As our partnership with DWF Labs strengthens, it’s clear that they’re delivering on their commitment to us in many aspects beyond investment and market-making and continue to show why they’re the leading investment firm in the crypto industry.
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AirDAO is a community-governed layer one blockchain and web3 ecosystem powered by AMB. Our products enable financial equality and social inclusion, and we’re committed to making web3 more democratized and accessible to all. Your vision, our future. We build together.
