Darwinia and SubDAO will jointly explore Web3.0 DAO
Darwinia is pleased to announce our partnership with SubDAO in the Web 3.0 DAO exploration, SubDAO will bring DAO infrastructure tools to the Darwinia and Crab Network ecosystem, and integrate Darwinia Substrate to Substrate bridge to expand the compatibility of their DAO tools across the greater Substrate community at large.
SubDAO, a multi-chain DAO protocol, has succeeded in bridging Web 2.0 with Web 3.0 including SubDAO DApp, DAO Wallet, and Polkasign. SubDAO is building advanced Templates enabling users to create not only community-based DAO organizations like Game Guilds but also investment-based Ventures DAO. SubDAO Ventures DAO is applied to venture capital firms and groups based on DAO for Web 3.0, allowing multiple users to establish decentralized Venture Capital, and all investment decisions, fundraising, asset management, and equity settlement will be completed on the chain. SubDAO Ventures DAO also supports both primary and secondary market investment.
About SubDAO
SubDAO is a multi-chain DAO protocol. It allows any decentralized organization to swiftly create and manage DAOs. We are committed to serving as a Web3.0 entry by providing blockchain-based digital agreement signing, DAO social networking, asset management, and other tools and services.
The founding team of SubDAO is composed of the former Technical Team leader of the IBM Group and many early well-known developers from Polkadot. SubDAO has completed multi-million dollars financing from dozens of institutions including Hypersphere, Huobi Ventures, OKEx Blockdream Fund, as well as investment by Messari founder Ryan Selkis.
About Darwinia
Darwinia is a trustless multi-chain bridge hub, designed to become the foundational layer for the next generation of Web3.0 Metaverse Infrastructure. Using a combination of ZK proofs and optimistic challenge technology to provide a Truth or consensus-layer general bridging solution between heterogeneous chains such as Polkadot, Ethereum, Polygon, and BSC, Darwinia does so without the need for smart contract-based vaults or wrapping tokens, and is also compatible with zero-liquidity assets such as NFTs.
The products and tools developed by Darwinia have been awarded three Web3 Foundation grants and a level-2 Substrate Builders award, Darwinia is also mentioned in the Polkadot lightpaper, and was the first project in the ecosystem to deploy a Substrate-Substrate bridge.
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About Crab Network
Crab is a canary network with real economic value for Darwinia, and its positioning is similar to Polkadot’s Kusama Network. Crab Network has won the 22nd Kusama parachain slot! You can check Crab status through Polkadot{.js}, Subscan, or Subview.
Crab provides smart contract solutions based on DVM (Darwinia Virtual Machine), which is compatible with the EVM (Ethereum Virtual Machine) paradigm at a low level. Therefore, it is easy for projects in the Ethereum ecosystem to migrate to the Crab Smart Chain. (Tips: DVM is built on Frontier with a fully EVM-compatible instruction set and an Ethereum RPC-like external interface.)
