DAO funds raised from the global crypto community are in addition to support for the Taki app from top crypto leaders such as Coinbase Ventures, Alameda Research, Solana Ventures, Gemini Frontier Fund, Huobi Ventures, Kraken Ventures, OKX Blockdream Ventures, CoinDCX and others
NEW DELHI, INDIA / ACCESSWIRE /May 17, 2022 / Following up on the success of Taki’s $3.45 million seed fundraise last month from a roster of marquee global investors, TAKI DAO has raised $360K in its Initial Exchange Offering (IEO) in collaboration with OKX for its $TAKI Token. The IEO funds came from individuals globally, with the offering selling out immediately. One indicator of community excitement about Taki is that trading opened at $0.40, which was 10x the IEO-price of $0.04. Trading volume peaked at $58M before settling down, with three exchanges adding support for the token by day’s end.
The funds will be used to augment the community treasury and help $TAKI reach a broader global audience while increasing community engagement on Taki.
Taki is a token-powered social network that is pioneering the web3 engage-to-earn model, which directly rewards quality content and user engagement. On Taki, both creators and users can earn a daily income by contributing to the community (i.e. engaging one another in conversation). Taki now has over 45,000 active users, over 647,100 on the waitlist, and over 30,000 unique user coins created on the platform. Taki is built on Solana and leverages the $RLY protocol to provide liquidity and rewards.
Users can earn Taki’s native crypto token $TAKI by buying user coins, creating or commenting on posts, and giving or receiving Gold Taki gifts. Greater rewards go to those who create posts that earn high community engagement. People can even create their own crypto coin on the Taki platform to foster more engagement and potentially increase their earnings as their followings grow.
Taki has a goal to enable…
