“There are fundamental decisions here: Should there be restitution, step one. Step two, should it be immediate or over time? If immediate, what percentage? And if it’s over time, via what mechanic? Governance tokens, maybe a vault-type product that pays back over time versus interest generated … there’s a lot of options,” said Spadafora. Source link … [Read more...] about After $130M Hack, Badger’s Restitution Plan Tests Limits of DAO Governance
130M
Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion
Venture accelerator Brinc closed a $130 million funding round, led by NFT and metaverse investor Animoca Brands.Brinc closed a $30 million Series B and a further $100 million for startup investments, the company said.The funds will be used to aid Brinc’s expansion into new locations and Web 3, which includes blockchain-focused programs in decentralized finance (DeFi), gaming … [Read more...] about Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion