Venom Blockchain partners with DAO Maker to incubate web3 startups

• Venom Blockchain and DAO Maker wants to incubate web3 startups with a focus on real-world use cases.

• DAO Maker CEO Christoph Zaknun has been appointed as an advisor to the Venom Foundation.

• DAO Maker will actively assist in the development of the Venom ecosystem.

Venom Foundation and DAO Maker announce a strategic partnership

Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), announced on Friday that it has partnered with DAO Maker, a leading provider of blockchain growth solutions known for its Launchpad.

The partnership will see the two entities incubate promising Web3 startups with a focus on delivering real-world use cases. Thanks to this latest cryptocurrency newsDAO Maker will actively assist in the development of the Venom ecosystem and contribute to the success of projects within the Web3 area.

The Venom Foundation said it is confident it will empower web3 developers to make valuable contributions to the ecosystem and accelerate the growth of the community. The two entities are set to actively incubate new projects through the Venom Launchpad.

According to the press release shared with Coinjournal, the Venom Foundation said the launch pad will provide promising Web3 projects and development teams with a unique opportunity to receive resources, guidance and exposure from some of the most prominent players in the industry.

Venom Launchpad to leverage the expertise of DAO Maker and the Venom Foundation

Furthermore, the launchpad will benefit from the combined expertise of DAO Maker and the Venom Foundation to support startups in various areas, including strategic planning, marketing and branding.

Commenting on this latest development, Peter Knez, Chair of the Foundation Council at the Venom Foundation said;

“At Venom, we are dedicated to pioneering innovation in the blockchain industry. Our partnership with DAO Maker is a testament to this as we incubate promising Web3 startups and bring real use cases to life. We are proud to be part of this exciting collaboration and see Looking forward to its impact on the industry.”

Christoph Zaknun, CEO of DAO Maker, also said;

“DAO Maker is excited to partner with the Venom Foundation to incubate promising Web3 startups. Our expertise in growth technologies and funding frameworks will support the development of the Venom ecosystem. I am honored to take on an advisory role on the Venom Foundation team and look forward to building the future of blockchain together.”

The Venom Foundation added that the partnership extends to the integration of the Venom blockchain and Venom Wallet into the DAO Makers Launchpad.

Thanks to this latest partnership, DAO Maker CEO Christoph Zaknun has been appointed as an advisor to the Venom Foundation

DAO Maker is an organization that provides growth technologies and authentic funding frameworks for startups, with the goal of reducing investors’ risk. DAO, the original token of DAO Maker, has been underperforming in recent hours. At press time will price of DAO Maker stands at $1.1275, down 5% in the last 24 hours.