Maker DAO | VCINVEST DATA

Website

https://makerdao.com/en

Corporate information

Also known as

MKR

Registration country

Affiliated entities

Dai

Maker

Investment activity status

Active investor

Company type

Decentralized credit facility which lends the synthetic dollar-like asset DAI.

Overview

The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.

Funding

Funding rounds

N/A

Investor		Profile	Country	Notes
	Paradigm Crypto Fund	Cryptocurrency investment fund.	United States	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Starchain Capital	Investment fund focused on crypto-assets and decentralized protocols building the decentralized software stack known as Web3.		Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Hex Capital	Venture capital firm nvesting in early-stage crypto assets and blockchain companies solving challenging technological, social and financial problems.	Canada	Initial investment. Round participant.

Cap Table

Current and past shareholders

	Contacts	Round
Hex Capital Venture capital firm nvesting in early-stage crypto assets and blockchain companies solving challenging technological, social and financial problems.		N/A
Paradigm Crypto Fund Cryptocurrency investment fund.		N/A
Starchain Capital Investment fund focused on crypto-assets and decentralized protocols building the decentralized software stack known as Web3.	+1 (213) 212-9630	N/A