Xdao

Xdao


Launch date
Employees
Market cap
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Enterprise valuation
AUD77m (Public information from Nov 2022)
Singapore (HQ)
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DateInvestorsAmountRound
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N/A

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$2.3m

Valuation: $50.0m

Seed
Total FundingAUD3.6m

Recent News about Xdao

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XDAO is a pioneering startup in the decentralized finance (DeFi) market, offering a unique and customizable platform for creating and managing Decentralized Autonomous Organizations (DAOs). The company addresses a significant gap in the market by providing tools that allow companies and projects to invest in decentralized protocols as a unified entity. This is particularly useful for managing treasuries, conducting joint investments, and participating in crowdfunding and public or private sales.

XDAO serves a diverse range of clients, from small startups to large corporations, who are looking to manage their crypto assets efficiently. The platform allows users to create DAOs of any size, deposit crypto assets, manage them through voting, sell DAO shares, and directly interact with DeFi protocols. This makes it an ideal solution for organizations looking to streamline their financial operations in the blockchain space.

The business operates in the rapidly growing DeFi market, which is characterized by the use of blockchain technology to recreate traditional financial systems in a decentralized manner. XDAO's business model revolves around providing a suite of tools that facilitate the creation and management of DAOs. These tools include treasury management, multisig wallets (which require multiple approvals for transactions), and investment platforms.

XDAO generates revenue through various channels, including subscription fees for using its platform, transaction fees, and potentially through partnerships and integrations with other DeFi protocols. By offering a comprehensive solution for DAO creation and management, XDAO positions itself as a critical infrastructure provider in the DeFi ecosystem.

In summary, XDAO is a versatile and innovative platform that empowers organizations to manage their crypto assets and participate in the DeFi market efficiently. Its customizable tools and user-friendly interface make it a valuable resource for any entity looking to leverage the benefits of decentralized finance.

Keywords: Decentralized Finance, DAO, Treasury Management, Multisig Wallet, Investment Platform, Crypto Assets, Blockchain, Crowdfunding, DeFi Protocols, Joint Investments.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.