BitDAO’s vision is open finance and a decentralized tokenized economy.
DeFi technology allows for unstoppable and permissionless financial transactions on the blockchain, including trading, lending, and creation of synthetic assets. With no signup process, no middlemen approvals, no middleman execution, DeFi will fundamentally disrupt traditional finance and is likely to become a trillion dollar sector. Tokenization has broadened the scope of property rights, and enabled new economic models for DAOs, collectible NFTs, and gaming.
MissionBitDAO is banking on the success of DeFi and will allocate massive financial and talent resources to support DeFi growth.
1\ Research and Development
BitDAO partners will establish R&D centers to develop BitDAO core protocols (governance and treasury management), develop BitDAO DeFi products, support DeFi partners, and provide incubation services to emerging DeFi projects. We imagine that BitDAO affiliated R&D centers will employ hundreds of people in the coming years.
Windranger Labs - a privately funded R&D center is being set up and looking to recruit top talent in product, design, blockchain development, front end development, and community management. Visit the website here:TBA
BitDAO Foundation - will be set up in the future and request funds from BitDAO.
Other R&D Centers - we encourage our partners and other ambitious teams to create R&D centers and request funds from BitDAO.
2\ Liquidity
BitDAO will control one of the largest pools of assets, which can be used to provide liquidity to partner protocols. BitDAO can bootstrap new protocols such as DEX, lending, synthetics.
3\ Funding
BitDAO will support blockchain technologies through grants (e.g. via Gitcoin), and support DeFi projects through token swaps.
