- Agora, a platform for cross-chain governance, has raised $5 million in seed money.
- The financing was led by Haun Ventures, with participation from Seed Club, Coinbase Ventures, Balaji Srinivasan, Sina Habibian, and other investors.
The investment was led by Haun Ventures and included additional contributions from Seed Club, Coinbase Ventures, Credibly Neutral, Sina Habibian, Balaji Srinivasan, Packy McCormick, Tim Beiko, Dan Romero, Eva Beylin, Will Price, Liam Horne, and Hasu.
With features like gas voting and proposing, security councils, proposal sponsorship, API, snapshot integration, transaction simulation, and discourse implementation, Agora offers decentralized communities an end-to-end governance protocol. On the company website, it is stated that Uniswap, ENS, Optimism, and Nouns utilize the platform.
In a statement provided, Agora stated, “Basically, we’re reversing the story on the effectiveness of collectively-governed protocols by building a new standard of governance tooling,” which includes voting applications and governor contracts among other things.
Yitong Zhang, Charlie Feng, and Kent Fenwick, who had previously assisted in designing the Coinbase app, created Agora in 2022.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
