Public Nouns DAO supports public goods by auctioning one NFT every 12 hours, generating a continuous stream of ETH for its treasury. This funding mechanism ensures a steady flow of resources, which are allocated to various projects through a transparent governance process. Community members discuss proposals on Discord, refine them on the forum, and vote on viable ideas on-chain, with each NFT representing one vote. Initial funding was bootstraped through these auctions, leveraging community decision-making to align projects with the DAO's mission of promoting public goods.
Bitget is a secure and efficient crypto exchange offering innovative features like copy trading and support for numerous cryptocurrencies, catering to traders of all levels. Its native token, $BGB, provides utility through trading fee discounts, staking opportunities, enhanced rewards, and exclusive promotions, driving user engagement within the platform. Operating under a private governance structure, Bitget has raised $20 million across three funding rounds, including a $10 million Series B led by Dragonfly Capital Partners in April 2023.
Untangled Finance tokenizes assets like invoices and SME loans, the platform converts them into onchain structured credit pools, allowing both DeFi and traditional investors to participate in these opportunities.
Polynomial Trade is an on-chain derivatives platform with a focus on perpetual futures, enhanced by the security of the Synthetix protocol and the Optimism Network. Its distinctive approach using polynomial functions for price prediction allows traders to make more dynamic market decisions. Although currently without a governance structure or a live token, the potential introduction of a token could benefit the platform by incentivizing user engagement and capturing value. Polynomial has raised two successful funding rounds, raising $1.10 million in a Pre-Seed round and securing further investment in a Seed round, with backing from several notable investors and capital firms.
