UpLift DAO Sets Out to Grow Polygon Built Projects Through Community-Based Funding

UpLift DAO is accelerating early-stage projects now incubates startups building on Polygon.

UpLift DAO integrated with Polygon is looking to accelerate emerging projects on the Polygon network, which offers higher throughput and lower transaction costs while still leveraging Ethereum’s ecosystem. The UpLift community will gain first-hand access to Polygon-built projects scaling in disruptive industry sectors.

Powered by numerous partnerships within the industry, including NEAR Foundation, and having amassed 2 000 unique token holders and 6 000 unique stakers in a matter of several months, UpLift DAO has expanded its reach to the next generation of projects building on Polygon. 

Incentivized through a two-tiered referral program, rewards from IDOs, farming, and bounty programs, the growing UpLift DAO sees the Polygon network as the next promising investment frontier. Channeling fresh capital into the ecosystem, UpLift looks to accelerate promising startups implementing Polygon’s full-stack scaling solution to facilitate unprecedented levels of security, lower transaction costs for its users, and increased levels of interoperability. 

Integrating into the Polygon ecosystem, UpLift supplements venture capital funding, extensive community support, auditing, and market-making services to provide projects scaling on Polygon with a variety of viable go-to-market solutions and solid financial backing from top-tier VCs.

About UpLift

Having raised 550 000 BUSD in its first two IDOs, UpLift is a project accelerator facilitating entry into the most profitable stages of project growth. UpLift DAO’s open governance empowers community decision-making processes. Generated profits are returned to the community in the form of staking rewards, airdrops, and through a buyback mechanism. Backed by top-tier VCs, the UpLift platform launches cross-chain IDOs, facilitating pre-launch buildup of projects via exposure to early-stage venture capital funds and an extensive influencer network.  

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About Polygon 

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.

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Source : cryptodaily

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