Investment & research DAO, GCR, welcomes new contributors including IDEO CoLab Ventures, 1kx, and founders of Axie Infinity and PolygonKey contributors of the treasury diversification effort also include Web3 funds such as Valhalla Capital, HanDAO and prominent industry leaders including Jeff Zirlin of Axie Infinity, and Gabby Dizon, Beryl Li of YGG, and Jaynti Kanani of Polygon.
METAVERSE, January 18th, 2021 -- GCR (Global Coin Research) DAO, a research and investment DAO focused on Web3, announced today that it has closed a $1.2 million treasury diversification effort from the community, with strategic partners such as IDEO Co-Lab Ventures 1kx, Valhalla Capital, HanDAO and notable angels and DAOs to continue to further its mission of providing education and access to the crypto community.
“The mission of GCR DAO is to be the premier decentralized community of web3 learners and investors. Partnering with a world-class team of supporters and leaders is essential to helping us stay true to the values of web3, which is to stay community first,” said Joyce Yang, part of the GCR team.
The treasury diversification includes participation from IDEO CoLab Ventures, 1kx, Valhalla Capital, HanDAO, and GBIC. Prominent Web3 leaders include Jeff Zirlin, cofounder of Axie Infinity; Gabby Dizon and Beryl Li, co-founders of YGG; Jaynti Kanani, CEO of Polygon; Adam Kornfield of Flamingo DAO; Jenil Thakker, CEO of Coinvise; Bobby Ong, COO and co-founder of CoinGecko; Miss Bitcoin Mai; Alex Mesmaj, CEO of Showtime, and Syndicate Protocol, among others including members of the GCR community.
“GCR is an incredibly valuable resource for understanding the crypto space, and their early success is a testament to the quality of the community they have built. We are thrilled to join the DAO” said Reuben Bramanathan, general partner at IDEO CoLab Ventures, “over a very short period of time since launching their token, the community engagement and quality has been outstanding.”
“I'm thrilled to be supporting Joyce and the team in continuing to advance the blockchain and gaming ecosystem”, says Jeff Zirlin, cofounder and the head of growth for Axie Infinity.
The contribution will help GCR DAO expand its team of core contributors, deepen existing partnerships while engaging in new ones, and expand its DAO infrastructure to support ongoing research and investment opportunities.
GCR DAO was initially founded as GCR in 2017 as a content platform with over 31,000 subscribers to its newsletter, which is full of crypto insights, workshops, and investment ideas. Over the years, the team has expanded while simultaneously initiating its process of progressive decentralization into a diverse, community-driven project.
Earlier in 2021, GCR DAO participated in the Seed Club Accelerator program, where it emerged as one of the leading tokenized communities focused on crypto research and investing.
With newly infused capital in the treasury, the GCR core team plans to expand into sub-DAOs with other investment partners. These sub-DAOs will focus on researching and investing in specific verticals, such as DeFi or NFTs, while also expanding beyond Ethereum and Solana. They also plan to formalize a grants program to further its local community presence across the globe.
About GCR DAO
GCR DAO is building the world’s largest research and investment DAO focused on Web3. To learn more, please visit: https://globalcoinresearch.com/