Stable coin based on Ethereum blockchain. Offers a collateral-backed stable coin named Dai and a governance token named MKR. MKR is used by stakeholders to maintain the system and manage Dai. The company offers Oasis which is a platform to trade & borrow Dai and earn savings on Dai by locking it into Oasis Save. Also provides a decentralized community of MKR token holders that govern the Maker Protocol & the smart contracts that power Dai. MakerDAO operates in the Decentralized Autonomous Organizations, Cryptocurrencies sectors. The company focuses on Stable Coins. The company has raised $63M in Series A funding. Notable investors include Andreessen Horowitz, SNZ, 0xFu, Transform Capital, Placeholder, A.Capital Ventures, among others. MakerDAO was founded in 2014 and is headquartered in San Francisco, United States.
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MakerDAO
Series AStable coin based on Ethereum blockchain. Offers a collateral-backed stable coin named Dai and a governance token named MKR. MKR is used by stakeholders to maintain the system and manage Dai. The company offers Oasis which is a platform to trade & borrow Dai and earn savings on Dai by locking it into Oasis Save. Also provides a decentralized community of MKR token holders that govern the Maker Protocol & the smart…
About
Business model
Cryptocurrencies > Coins > Stable Coins
Founders & team highlights
Serial Founder
Team background
Top Rated Teams > Serial Entrepreneur
Institutional investors
Andreessen HorowitzSNZ0xFuTransform CapitalPlaceholderA.Capital VenturesBlockchain CoinvestorsUncorrelated VenturesCodex Venture PartnersInfinite CapitalHex CapitalHack VCHashedCollab+CurrencyStable Node
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