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Anita and Lucas discuss the NFT NYC conference and dive into recent DAO and dogecoin drama

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As DAOs continue to blossom, here’s how to keep yours from wilting

This past year has been one big growth spurt for DAOs (decentralized autonomous organizations) but not everyone in the space is convinced that they’re being formed properly or in a way that ensures success. Before we get into it, it’s important to know that DAOs are community-led entities with no c…

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Syndicate raises “informal” round from over 50 partners to bring DAOs to the masses

Investors such as a16z, Circle, OpenSea, Uniswap and Carta participated in Syndicate's latest funding round.

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New Zealand gets its first crypto, web3-focused VC fund

New Zealand-based VC Global from Day 1 (GD1) launches $5 million web3/crypto fund, the country's first dedicated fund in the crypto, blockchain and web3 space.

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Despite tooling limitations, DAO optimists see new use cases for a democratic, token-based future

The adoption of DAOs has skyrocketed in the past year, and participants believe this is just the beginning, claiming more use cases will form in the subsector.

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Gearing up for demo day

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex and Kell scour the news and record notes on what’s going on to kick off the week. This week had a theme. Which was startups. Lots and…

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How Lido raises the stakes for crypto and DeFi investors

The world’s most-used blockchain, Ethereum, is switching to a new validation system this summer called proof-of-stake (PoS). PoS, favored over its predecessor for its relative energy efficiency, lets users validate transactions on the network by temporarily depositing, or staking, a certain a…

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Multis wants to build the financial backbone of crypto-native organizations

French startup Multis has raised a $7 million funding round led by Sequoia Capital. Originally designed as a neobank for companies working with cryptocurrencies, the company has slightly altered its product vision. It now intends to offer the software layer that helps web3 organizations manage thei…

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Hundreds of Y Combinator alumni join crypto collective to back web3 startups

A crypto collective backing web3 startups is seeking new members. The only condition for joining? Applicants must be alumni of the Y Combinator accelerator. The group, called Orange DAO, is an effort to build out a venture structure which can scout out and back young crypto startups. It was formed …

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TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns

Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…

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Meta is pulling the plug on its crypto payments wallet, Novi

Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi, the digital wallet payments pilot it launched last October, will be ending on on September 1. In…

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