To further foster community-aligned investments and support the future of the AEZ, AADAO has awarded a $124,000 grant to bootstrap SunDAO with initial funding to become a Cosmos Investment DAO with a special focus on Atom Economic Zone (AEZ).
The new DAO will involve a team of experienced operators building alongside early-stage founders over the course of six months, to accelerate their growth. SunDAO will also seek additional funders to contribute to their investment pool, thereby building a robust foundation for community-aligned investments. By focusing on the AEZ, this initiative will attract new teams to the ecosystem and create a strategic base for future investments.
The grant also includes strategic and operational support from AADAO, along with knowledge transfer to ensure the successful establishment of SunDAO. This approach ensures that the new DAO will have the necessary resources and expertise to thrive.
By funding SunDAO, we aim to create a dynamic environment that supports early-stage ventures, aligns investments with the community’s interests, and enhances developer onboarding, ultimately fostering growth and innovation within the Cosmos ecosystem.