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XDao - Seed
Overview
About XDao - Seed
XDao has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round include Panony, DWF Labs, Telos Foundation and Grizzly Capital, CEO Vlad Shavlidze said in an emailed statement. The funds were raised through a token sale, which closed on Nov. 21. The investment terms include a 12-month cliff and a 36-month linear vesting period, with the tokenomics tailored to the crypto bear market, Shavlidze said.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Hong Kong | 2018 | 26 | info@panony.com | ||
| Lab | Singapore | 2018 | 58 | -- | ||
| Foundation | Unknown | 2018 | 2 | -- | ||
| Fund | -- | -- | 7 | -- |
Founders & Team
Vladislav Shavlidze
Zurab Shavlidze
Egor Gavrilov
Company Profile / Project Introduction
XDAO is a Multichain decentralized autonomous organization (DAO) Ecosystem. Specifically, it is an ecosystem where projects and people from across all DeFi can come together to collaborate and effectively manage their crypto assets. A clear voting system allows you to make collective decisions and be confident in their exact execution. Whilst decentralized governance ensures that those incentives remain fair to all participants and that all actions pursued are determined by the community.