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DAO
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
Investors in the round included Tiger Global, Tusk Venture Partners, Circle Ventures and Shima Capital.

Near Protocol Forms Working Group to Promote DeFi Governance
The Near Digital Collective is a self-governance initiative aimed at further decentralizing the Near ecosystem’s decision-making by moving it to a blockchain.

Why Traditional Investors May Not Love DAOs
A governance vote this summer canceling a SAFT investor agreement in a DAO sent shockwaves through investor ranks, says Tanvi Ratna.

The Sex Club, Tokenized
Daniel Saynt’s Manhattan sex club has plans for NFT membership and its own NSFW token. This piece is part of CoinDesk's Sin Week.

Slow Ventures Raises Stakes on Crypto Governance with ‘Timber sDAO’
The venture capital firm's first "legally compliant DAO" bought land, and the second so-called sDAO is buying more. But this time, land with trees.

Web3 Workplace Platform Coordinape Launches Decentralized Compensation Tool for DAOs
Coordinape’s product, CoVaults, uses smart contracts to automate compensation for contributors to the decentralized workspace.

The Graph Adds Gnosis Chain to Its Decentralized Blockchain Indexing Protocol
Gnosis Chain is the first chain after Ethereum to gain support on The Graph’s decentralized network, which will soon replace The Graph’s centralized “hosted” service.

Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development
“There's no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on,” said Devin Walsh, the community member who authored the initial proposal.

Blockchain Company Mural, Founded by Palantir Alums, Raises $5.6M
The startup helps global brands manage the treasuries of their Web3 communities.

US Tribal Nation Economic Zone Publishes Draft Rules for DAOs
The Catawba Digital Economic Zone proposes allowing DAOs to be organized as unincorporated non-profits or limited liability companies.
