TechFlow news — DWF Labs has invested $7.5 million in AirDAO to drive broader adoption of the AirDAO ecosystem. This investment includes a one-year lock-up period and a 36-month vesting schedule, marking a continuation and expansion of the partnership between AirDAO and DWF Labs.
The funding will accelerate the development of AirDAO's governance roadmap, enabling the team to deliver on its existing product strategy and expand operations in regions such as Southeast Asia and Africa. Additionally, AirDAO will hire a dedicated team to advance ecosystem growth.
DWF Labs will leverage its extensive network to increase AirDAO’s visibility and provide support through joint networking events, such as those held during Binance Blockchain Week. Furthermore, AirDAO will gain access to the DWF ecosystem to continue exploring collaboration and development opportunities.
Finally, AirDAO and DWF Labs have jointly committed $1 million to an ecosystem investment fund to incentivize projects to launch on AirDAO.
Previously, DWF Labs invested $2 million in AirDAO in September 2022.
