Introducing BitDAO. BitDAO is a new DAO supported by Peter… | by M | BitDAO

BitDAO is banking on the success of crypto and will allocate massive resources to support its growth.

BitDAO will look to partner with projects through token swaps and co-development efforts. The mission is to provide support in the form of: research and development, liquidity boot strapping, and funding.

Swap — we aim to token swap and accumulate a collection of the top existing and emerging DeFi and crypto projects. Swaps will align our interests. BitDAO will be incentivized to support these partner projects to become category leaders. One priority is Spot and Derivatives DEXes.

Build — we aim to build core products which enable BitDAO or other DAOs to function more effectively, these include:

• Governance suite — a set of on-chain and off-chain products and best practices.
• Treasury Management — ability for DAOs to deploy and monitor assets to earn yield or bootstrap products.

Grant — we aim to provide grants to teams that produce research or products that are public goods for the crypto industry. One possibility is to match Gitcoin grants.

Why?

We benefit from the success of our partners and the industry as a whole, growing assets in the BitDAO treasury, and creating a compounding and accumulation dynamic.