Follow up: The DAOventures Polkastarter TGE

Highlights of DeFi’s most anticipated sale of 2021

The last few weeks have been a trailblazing combination of funding from some of blockchain’s most recognised funds, partnerships with other innovative DeFi and blockchain protocols and platforms, and of course extensive product development behind the scenes. But this was all leading up what became the main event for the DAOventures team and community — the Polkastarter IDO on Thursday 18th February 2021!

The run up to the big day

The build up to the Polkastarter sale received huge attention from the crypto and DeFi community at large and was like nothing we as a team have ever experienced before. We ramped up marketing and awareness efforts across social media and publication outlets to make everyone see just how special the DAOventures platform is and how it is going to be an influential platform that opens the gates to mainstream DeFi adoption.

The launch

Then came the day that the community had been so patiently waiting for — the DAOventures community Telegram channel was muted, the countdown began and then at 1pm UTC both pools opened. Just as quickly as it opened, the DVG IDO on Polkastarter was sold out within 2 minutes! DVG traded on Uniswap at a high of 38x with over $35,000,000 in trading volume over a 24 hour timeframe and now has over 2300 holders, which is mindblowing for a project that has been listed for just two days. You can find out the current trading stats over on CoinGecko.

The future

Rest assured we will not be turning down the heat one bit now that our public sale is over and, with a myriad of strategic and development partnerships being announced in coming weeks we will continue to form strong bonds with fellow trailblazing projects in the DeFi and blockchain space.

About DAOVentures

DAOventures is a DeFi robo-advisor and automated money manager platform. Imagine “Robinhood for DeFi”. It is our mission to make DeFi simpler, accessible & inclusive. We believe in creating a simpler, more accessible, and more open world that is permissionless, inclusive and guided by our DNA of continuous learning, integrity and transparency.

Multi-chain DeFi investing platform for fund managers and crypto investors.