The Abu Dhabi-based blockchain technology firm Venom Foundation has collaborated with DAO Maker to pursue Web3 projects. A report dated February 11 revealed that the new partners would focus on Web3 projects to develop innovative solutions to real-world problems. According to the partnership agreement, DAO Maker is tasked to offer technical support to Venom platforms to boost blockchain development.
DAO Maker Partners with Venom Foundation
A statement issued by the founder of DAO Maker, Christoph Zaknun, on February 11 revealed that the partnership necessitated Venom Foundation to change its leadership. Zaknun is set to assume the role of Venom’s strategic advisor.
Zaknun has a vast experience in the execution of Web3 funding projects. In his new role, Zaknun would leverage his position to add more value to Venom.
Zaknun remains optimistic that the collaboration with Venom will improve the blockchain ecosystem.
As per the partnership deal, DAO Maker is entitled to integrate the Venom digital system into the DAO ecosystem. Also, DAO Maker would assist Venom in developing Web3 projects.
Also read:The team has agreed to set the priority list of Web3 projects, which would later be developed on the Venom launchpad.
The partners aim to complement each other to build their main businesses, including marketing and strategic planning.
Venom Integrates New Technologies
The Chairman of Venom, Peter Knez, revealed on February 11 that the partnership would modify the company platform. Knez restated that the new launchpad would introduce user guides, networking platforms, and resources to improve user experiences.
He reaffirmed that the partnership would incubate viable Web3 projects. The proposed Web3 startups would attract more developers to launch their projects on Venom launchpad.
Such an incredible project would increase the number of Venom communities. Beyond this, the developers would benefit from a scalable platform that can execute more than 100000 transactions per second (TPS).
The Venom network has improved Web3 activities in the Middle East and North Africa (MENA) zone. The MENA countries include Dubai, Bahrain, Algeria, Morocco, and Mauritania.
Nonetheless, DAO Maker and Venom long for an active community of users. The partners’ desires would be attained by seeking suitable solutions to resolve problems in the real world.
At Tokenhell, we help over 5,000 crypto companies amplify their content reach—and you can join them! For inquiries, reach out to us at info@tokenhell.com. Please remember, cryptocurrencies are highly volatile assets. Always conduct thorough research before making any investment decisions. Some content on this website, including posts under Crypto Cable, Sponsored Articles, and Press Releases, is provided by guest contributors or paid sponsors. The views expressed in these posts do not necessarily represent the opinions of Tokenhell. We are not responsible for the accuracy, quality, or reliability of any third-party content, advertisements, products, or banners featured on this site. For more details, please review our full terms and conditions / disclaimer.