Reputation DAO, a verifiable, decentralized and programmable reputation service for DeFi, has today announced it has raised US$4.75 million (EUR€4.365 million) in seed funding investment from DACM, AirTree Ventures, Koji Capital and Framework Ventures. Sergey Nazarov, co-founder of Chainlink, has also joined Reputation DAO as an advisor.

Reputation DAO provides the conduit for this data to flow into smart contracts, providing greater security, rates and guarantees. Reputation DAO is the latest project launched out of Mycelium, an Australian-rooted global network building next-generation transaction technology, including Tracer DAO. With the maturing of the ecosystem and the rise of DAOs that will need independent, and reliable information, we think Reputation DAO is fundamental infrastructure for the sectors next growth phase.

Reputation Dao Raises Us$4.75M To Build Reputation Scores And Increase Access To Defi

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