Smart contracts to power day-to-day Web3 company operations

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DAOs have gained a lot of traction with World Economic Forum being the latest to voice its support for DAOs through a toolkit.

The firm highlighted that in the future anyone will be able to create their own decentralized autonomous companies in the Koris platform.

to operate and manage communities through an end-to-end operational infrastructure.Collect this article as an NFT Blockchain development platform QuickNode has closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications.Jobs Disclaimer: Any financial and market information given on U.for our latest deep dive newsletters, Pro Crypto Ecosystems and Pro Deals.

In an announcement sent to Cointelegraph, the company said that Koris aims to turn decentralized autonomous organizations (DAOs) into DACs or “decentralized autonomous companies” by providing an operating system consisting of various governance and management tools.The team believes that while DAO platforms have collective decision-making and operational functions, they can be taken further by providing tools to help grow Web3 businesses.24.Chelsea Kubo, the co-founder and COO of Koris, said that there is a growing demand for DAOs with increased management transparency.U.She added: “These infrastructures and management models are reflected within a DAC, and KORIS works as a platform to help businesses excel in a web3 space.The Series B was the company’s most significant funding round since October 2021, when it raised $35 million as a seven-month-old startup.Having said that, it is only time until large enterprises and web2 companies begin to make this move.

” The project is currently in its closed beta phase.The company currently provides infrastructure services for over 16 blockchains, including Ethereum, Matic, Optimism, Arbitrum and Solana.C Level 41, Emirates Tower, Sheikh Zayed Road, Dubai, UAE Protected by copyright laws of the international treaties.However, the company said that in the future, anyone will be able to create their own DAC on Koris.This includes established Web3 firms and people who want to start their own community.As reported by Cointelegraph, Hong Kong investment fund HashKey Capital recently closed a $500 million funding round to back up-and-coming projects in the Web3 arena.Related:.C © 2017-2022 Golden Axis Advertising L.

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