{"id":459646,"date":"2022-06-08T21:30:00","date_gmt":"2022-06-08T18:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/data-dao-delphia-raises-60m-series-a-led-by-multicoin-capital\/"},"modified":"2022-06-08T21:30:00","modified_gmt":"2022-06-08T18:30:00","slug":"data-dao-delphia-raises-60m-series-a-led-by-multicoin-capital","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/data-dao-delphia-raises-60m-series-a-led-by-multicoin-capital\/","title":{"rendered":"# \u2018Data DAO\u2019 Delphia raises $60M Series A led by Multicoin Capital"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a33d9316ba48\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a33d9316ba48\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/data-dao-delphia-raises-60m-series-a-led-by-multicoin-capital\/#%E2%80%9D_%E2%80%98Data_DAO_Delphia_raises_60M_Series_A_led_by_Multicoin_Capital_%E2%80%9C\" >&#8221; \u2018Data DAO\u2019 Delphia raises $60M Series A led by Multicoin Capital  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_%E2%80%98Data_DAO_Delphia_raises_60M_Series_A_led_by_Multicoin_Capital_%E2%80%9C\"><\/span>&#8221; \u2018Data DAO\u2019 Delphia raises $60M Series A led by Multicoin Capital  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvMmUzN2ZlNTMtMjI2ZC00ODQwLTkyMTEtOWIyNTAxNGU4OGNiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Algo-adviser startup Delphia has closed a $60 million investment round backed by some of crypto\u2019s biggest venture funds as it embarks on the creation of a new data-focused decentralized autonomous organization (DAO).\u00a0<\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> A was led by crypto-focused venture firm Multicoin Capital, with additional participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures and Cumberland. Delphia will use the funds to launch a new rewards token as well as expand the ways users can contribute data to algorithmic models, which will be used to enhance investor returns. <\/p>\n<p>According to Multicoin Capital co-founder Tushar Jain, data DAOs utilize user-owned data to benefit all contributors within the organization. As an Algo-adviser, Delphia will use data contributed by users to further enhance thetrading algorithms that directly manage their money.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">0\/ I&#8217;m excited to announce that Multicoin has led a $60M round in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/delphia?ref_src=twsrc%5Etfw\">@delphia<\/a> with participation from FTX Ventures, Ribbit Capital, Cumberland, Road Capital, and others.<\/p>\n<p>Delphia is the first instantiation of a new type of organization uniquely enabled by Web3: a DataDAO.<\/p>\n<p>\u2014 Tushar Jain  (@TusharJain_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TusharJain_\/status\/1534539340818284546?ref_src=twsrc%5Etfw\">June 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n\u201cData contributors are rarely rewarded for their contributions [&#8230;] Because they don\u2019t have a right to the value created by the aggregate data, nor are they entitled to govern how their data is used, which leads to a massive leap of faith in the aggregator\u2014which, unfortunately, has been violated many times over,\u201d Jain <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/multicoin.capital\/es\/2022\/06\/08\/our-investment-in-delphia\/?mc_cid=787b6fe008&amp;mc_eid=cfadfa4c02\">explained<\/a>. Data DAOs \u201csolve this misalignment by giving data contributors direct economic upside in the aggregate data and the ability to govern it.\u201d<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization<\/em><\/strong><\/p>\n<p>Delphia\u2019s investment platform offers long-only actively managed strategies. Users can invest a minimum of $10 to gain exposure to a diverse portfolio of individual stocks. <\/p>\n<p><iframe loading=\"lazy\" title=\"What is a DAO? All you need to know about decentralized autonomous organizations | Cryptopedia\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ISSGwL7P9cc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>DAOs have sprung up in various ways to give users access to communities free of hierarchical management. DAO structures have even received the attention of national governments looking to encourage project formation and development within their own borders. Proponents believe that DAOs incentivize the long-term sustainability of crypto projects by giving users a direct share in their growth. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/data-dao-delphia-raises-60m-series-a-led-by-multicoin-capital\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; \u2018Data DAO\u2019 Delphia raises $60M Series A led by Multicoin Capital &#8220; Algo-adviser startup Delphia has closed a $60 million investment round backed by some of crypto\u2019s biggest venture funds as it embarks on the creation of a new data-focused decentralized autonomous organization (DAO).\u00a0 The Series A was led by crypto-focused venture firm Multicoin&#8230;<\/p>\n","protected":false},"author":1,"featured_media":459647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvMmUzN2ZlNTMtMjI2ZC00ODQwLTkyMTEtOWIyNTAxNGU4OGNiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75186,75719,117,71745],"class_list":["post-459646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-dao","tag-funding","tag-business","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/459646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=459646"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/459646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/459647"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=459646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=459646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=459646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}