Venom Blockchain partners with DAO Maker, welcomes CEO Christoph Zaknun as advisor

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The Venom Foundation will work with a new partner to incubate Web3 products focused on addressing real-world use cases. The Venom Foundation is strengthening its dominance in the local blockchain market.

Venom blockchain achieves partnership with DAO Maker

According to the official statement shared by Venom, a new blockchain ecosystem and VC firm, it entered into a long-term strategic and infrastructure partnership with DAO Maker, a “blockchain growth solutions provider” known for its IDO launch pad for cryptocurrency investments.

The two teams will coordinate the process of incubating promising early-stage products in Web3. The Novel Venom Launchpad will support incubates with resources, advice and exposure from some of the industry’s heavyweights.

Both the Venom blockchain itself and its retail solution Venom Wallet will be integrated into the DAO Maker launch pad to advance the experience of users and streamline the fundraising process.

Peter Knez, Chairman of the Foundation Council at the Venom Foundation, highlights the importance of this collaboration for the VC ecosystem of the Web3 segment:

At Venom, we are dedicated to pioneering innovation in the blockchain industry. Our partnership with DAO Maker is proof of 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 eagerly anticipate its impact on the industry.

The combined expertise of the two teams will also support early stage teams in various non-tech fields, including strategic planning, marketing and branding.

DAO Maker CEO Christoph Zaknun becomes a new advisor to the Venom Foundation

As part of the new partnership, Christoph Zaknun, CEO of DAO Maker and the leader of the team since its launch in 2018, is joining the Venom Foundation as a new advisor.

Mr. Zaknun appreciates both the vision and the mission of the Venom Foundation and is sure that the starting collaboration will help the partners to utilize each other’s resources:

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.

As covered by U.Today, a month ago, the Venom Foundation announced the establishment of its $1 billion crypto fund in Abu Dhabi. It also partnered with Everscale and launched a $5 million joint VC initiative.