Partnership spotlight: Biconomy
Simplifying transactions for DAOventures users with an exciting product integration through Biconomy
February has already been a huge month for DAOventures! We closed off our private sale 20x oversubscribed, we received over 50,000 whitelist applications for our public IDO on Polkastarter (which sold out in 2 minutes) and we listed on Uniswap successfully with over $33 million in trading volume!
DAOventures is pleased to announce a partnership with Biconomy, a leading blockchain technology company building transaction infrastructure for next-generation web 3 applications. As new users flock into the exciting world of DeFi, transaction prices continue to remain an issue for the space and the ETH network remains congested — Biconomy introduces gas-efficient meta-transactions that are applicable for a wide range of use-cases.
We will be integrating Biconomy Forward, an innovative API designed to give traders the opportunity to pay transaction fees in their favorite stable coins or any ERC20 tokens on the DAOventures platform as soon as the product is live. By integrating Biconomy’s game-changing API into the DAOventures platform, user will not only save their ETH, but they can also say goodbye to failed transactions and can also keep track of their gas fees.
“Through this partnership and with the implementation of Biconomy Forward, the DAOventures community will be able to HODL their ETH instead of using it to pay for transactions that often fail. We are looking forward to providing our users with a superior DeFi experience thanks to this exciting collaboration.” Victor Lee, DAOventures CEO & Founder
“As the Defi ecosystem matures, we are going to see an increased demand for robo portfolio management tools. Biconomy is thrilled to support DAOventures to further enhance traders experience.” — Aniket Jindel Cofounder of Biconomy
Biconomy is a technology company building transaction infrastructure for next-generation web 3 applications. Through Biconomy’s powerful and easy to use APIs, developers can enable a simple and customized transaction journey so that their end users don’t get frustrated by blockchain complexities. By solving key pain points at the crypto transactional layer, Biconomy is on a mission to simplify Web 3 experiences that will drive mass adoption. Biconomy just closed their seed round with Binance, Fenbushi, Outlier Ventures among the notable investors participating.
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.