Hassan Maishera
The Sushiswap team announced via Twitter on Wednesday that it has launched Sushi Studios. Sushi Studios is a decentralized brand licensing and incubator framework to empower external product teams to leverage the Sushi brand and develop protocols without requiring Sushi DAO Treasury funding.
Sushiswap said the Sushi Studios would help create an inclusive product ecosystem that brings value to all Sushi stakeholders. It will also authorize independent token economies, allowing for the bootstrapping of liquidity, fundraising, and distribution of new product launches. Furthermore, through licensing the Sushi brand IP, Sushi Studios will give builders access to Sushi to provide complimentary products that bring value to the Sushi brand, ecosystem and stakeholders.
SushiSwap is a Decentralized Finance (DeFi) liquidity provision platform that aims to be an evolution of Uniswap. SUSHI is trading at $1.426, up by more than 10% in the last 24 hours.
