NEW: The venture capital arm of FTX_Official and LCVentures co-led a $20 million funding round for Web 3 hackathon organizer DoraHacks. BrandyBetz reports
Hackathon organizer DoraHacks has raised $20 million in a funding round led by FTX Ventures, the investment arm of crypto exchange FTX, and Liberty City Ventures.Crypto.comDoraHacks has curated hackathons for over 200 Web 3 startups and developer teams, including the Solana, Polygon and Avalanche ecosystems. The funding round’s backers said in a press release that having access to the frontlines of blockchain development was an attractive opportunity.
The capital will be used to drive the launches of the Dora Grant DAO, a decentralized grant community, and Dora Infinite Fund, a venture fund focused on non-fungible tokens .The Festival for the Decentralized World
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