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
