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Geneva, Switzerland, December 20, 2022, Chainwire
Trondao Ventures (TDV) exists to discover elite startups, invest heavily, optimize strategically, and exit at an empowering moment.
of TRON DAO Ecosystem Fund We intend to define decentralization, Trondao recently announced the launch of TDV as part of that effort. TRON DAO is actively seeking new development teams and startups interested in creating decentralized applications on the TRON blockchain. Existing projects built on other layer 1 blockchains with active communities and established MVPs are also desirable. TDV was launched to support both elite teams #BUIDLING in the TRON ecosystem and proven projects with the ability and willingness to synergistically bridge the TRON ecosystem. TRON DAO leaders believe in a decentralized multi-chain future with seamless interoperability. For projects built on other layer 1 blockchains, the opportunity to strategically align for cross-chain capabilities is ideal, driving industry innovation towards mass adoption and recognition.
TDV’s purpose is to invest in promising blockchain-based startups, guide them, collaborate with them, optimize their efforts, and exit when the project team is empowered for the next stage of growth. is. TRON demonstrated its commitment to decentralization when it transitioned to one of the largest community-managed DAOs in December 2021. Now they want to empower entrepreneurial endeavors with a like-minded dedication. Their aim is to develop blockchain-based utilities through DeFi, GameFi, NFT, DAO, and Web3 experiences. Investing in a broad range of categories that exist to
All applicants submitting to TDV will be reviewed on a case-by-case basis. Funding deployments currently average between $100,000 and $250,000 per project, but the TDV team is open to negotiating more significant funding if deemed appropriate. Applicants are expected to have a long-term vision for TRON-based development and a strategic outlook that will benefit other of his TRON projects and his TRON users. Incorporation of TRON-based tokens, incorporation of other TRON ecosystem dApps and tools, USDDor involved BitTorrent chain A big plus.
An example of a “perfect fit” for TDV is a late-stage project.
45 projects have already applied for TDV funding and are under review.If you are interested, please click here Link.
If you have a project that is in the pre-launch stage, or is still in the early stages of a large grant, and is looking to apply for funding, Alternative funding opportunities Through other programs of the broader Ecosystem Fund.
Listen to a recent episode for more details and explanations of TDV. around the block podcastIn , TRON DAO leaders reviewed the purpose of TRON DAO Ventures and explained the application and approval process.
TRON DAO is a community-controlled DAO dedicated to accelerating the decentralization of the internet through blockchain technology and dApps.
Founded by HE Justin Sun in September 2017, the TRON network has continued to achieve impressive results since the MainNet was launched in May 2018. July 2018 also saw the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years.As of November 2022, there are over 130 million total user accounts on the blockchain, with over 4.4 billion total transactions, Total Locked Value (TVL) exceeds $9.7 billion as reported by TRONSCAN. Additionally, TRON has overtaken his USDT on Ethereum since April 2021 to host the largest circulating supply of USD Tether (USDT) stablecoin worldwide. The TRON network he completed full decentralization in December 2021 and is now his DAO of community management. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the blockchain industry’s first cryptocurrency reserve, the TRON DAO Reserve, TRON officially became a decentralized stablecoin. indicates that you have entered Most recently, in October 2022, TRON was designated as the national blockchain of the Dominican Republic. This is the first major public blockchain to partner with a sovereign nation to develop a national blockchain infrastructure. Seven existing Tron-based tokens TRX, BTT, NFT, in addition to government approval for the issuance of Dominica Coin (DMC), a blockchain-based fan token to foster global fanfare for Dominica , JST, USDD, USDT, TUSD, has been granted statutory status as a domestically approved digital currency and medium of exchange.
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Media Contact, Hayward Wong, [emailprotected]
