Description
Escape Velocity (EV3) is a decentralized autonomous organization (DAO) based in Boston, focused on democratizing investments within the blockchain and web3 ecosystem. Through its blockchain platform, EV3 empowers its community members to propose, vote on, and directly fund innovative startups, utilizing tokens for governance. This approach distributes decision-making power widely among its members, moving away from traditional, centralized venture capital entities. Beginning its fundraising efforts in June of the previous year, amidst challenges faced by crypto VCs due to the Terra ecosystem collapse, EV3 Ventures aims to facilitate transparent, secure, and efficient investment processes to support the growth of emerging blockchain technologies and platforms.
Escape Velocity (EV3) is a decentralized autonomous organization (DAO) based in Boston, focused on democratizing investments within the blockchain and web3 ecosystem. Through its blockchain platform, EV3 empowers its community members to propose, vote on, and directly fund innovative startups, utilizing tokens for governance. This approach distributes decision-making power widely among its members, moving away from traditional, centralized venture capital entities. Beginning its fundraising efforts in June of the previous year, amidst challenges faced by crypto VCs due to the Terra ecosystem collapse, EV3 Ventures aims to facilitate transparent, secure, and efficient investment processes to support the growth of emerging blockchain technologies and platforms.
