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CDS Crypto News Tron DAO Ventures Strengthens Projects

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Tron DAO Ventures Strengthens Projects

Burak DANACI28/12/20221 Mins read407

Tron DAO Ventures Strengthens Robust Blockchain Projects

Tron DAO Ventures (TDV) is focused on supporting blockchain-based startups that have started with strong ideas.

Table of Contents

Tron DAO Ventures Launch

Tron DAO was actively looking for teams and startups interested in creating decentralized applications in the TRON ecosystem. Recently, they introduced Tron Ventures, which will be a part of these activities. Tron Ventures was launched to support both the teams building within the Tron ecosystem and the good projects that are able and willing to bridge with the Tron ecosystem synergistically. Tron DAO leaders believe in a decentralized, multi-chain future that is seamless and interoperable.

Purpose

The purpose of Tron Ventures is to invest in blockchain-based projects that are candidates to guide the future, provide consultancy and cooperate with them. Tron has shown its faith and commitment to the decentralized future when it became one of the largest DAOs in December 2021. Now, it considers supporting startup projects with like-minded dedication.

All projects applying to Tron Ventures will be examined. The funding support currently averages between $100,000 and $250,000 per project. The TDV team is open to negotiation in order to make higher level funding agreements when it deems appropriate.

Example

An example of a ‘perfect fit’ for Tron DAO Ventures can be as mentioned below:

Built on any layer-1 (including but not limited to Tron)
With an MVP, testnet or beta ready
Past pre-seed funding already with $500,000 raises
Already with committed investors
Believing they would have strategic synergy with the Tron ecosystem.

So far, 45 projects have applied to Tron DAO Ventures for funding. If you are interested in this, you can use this link.

If projects are at the pre-launch stage or wish to apply to Tron Ventures at a very early stage for larger funding, alternative funding opportunities through other programs in the Tron Ecosystem Fund can be found here.

About Tron DAO

TRON DAO is a community-managed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

SOURCE

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Written by

Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.