DWF Labs is proud to announce its investment in BitDAO, a decentralized autonomous organization (DAO) that is changing the way the decentralized economy operates. BitDAO is a collective of builders, products, and mutually beneficial ecosystems, all governed by $BIT token holders.

BitDAO is designed to support builders of the decentralized economy, providing an open platform for proposals that are voted upon by BIT token holders. It is agnostic to chains and projects, allowing anyone to propose partnerships and protocol upgrades. With the permissionless system of the BitDAO Governance Module (Snapshot), anyone can submit and vote on proposals.

As a DAO, BitDAO does not have a management team or employees. It is a collection of builders and stakeholders who hold BIT tokens and are motivated to make the project a success. Holding BIT tokens grants the right to submit and vote on proposals, but it does not allow anyone to impose their will upon other contributors.

With its focus on supporting builders and the decentralized economy, as well as its open platform for proposals and governance, BitDAO is poised for great success. DWF Labs is excited to be a part of this journey and looks forward to seeing the growth of BitDAO in the future.