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Harmony to fund 100 DAOs with $300m ecosystem fund

Share on X icon · Published 4 years ago on January 25, 2022 · Hassan Maishera

The Harmony Protocol said it intends to fund 100 DAOs with the $300 million ecosystem fund.

Harmony to fund 100 DAOs with $300m ecosystem fund

The Harmony Protocol said it intends to fund 100 DAOs with the $300 million ecosystem fund. The team will also ensure radical transparency for the newly funded DAOs. 

Harmony is a fast and secure blockchain for decentralized applications. Harmony's main focus is on achieving scalability by dividing not only the network nodes but also the blockchain states into shards. ONE, the native token of Harmony, is up by 2% and is currently trading at $0.18 at press time.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.