Common: Raises $20M In Funding

Common Raises $20M In Funding

  • Common, a NYC-based community management platform for DAOs, raised a $20M funding round
  • Backers included Spark Capital, Polychain, and a group of strategic investors
  • The company intends to use the funds to expand end-to-end functionality and decentralize the platform
  • The company is an all-in-one platform for on-chain communities to discuss, vote, and fund projects together
  • Users can create a DAO and deploy governance contracts without coding
  • From there they can utilize crypto-native forums and chat to discuss new ideas
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...

UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns

Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI...