BottoDAO Raises $1.67 Million in Funding to Enhance Decentralized Artistic Community
Summary
According to Foresight News, BottoDAO, a decentralized autonomous organization focused on digital art NFTs, has announced the completion of a $1.67 million funding round. The financing was led by 1kx, with participation from Collab+Currency and Variant Fund, and was conducted through Treasury OTC transactions.BottoDAO has currently built a decentralized, autonomous artist community managed by the community itself. The new funds will be used to increase research and development efforts to enhance Bottos agency, autonomy, and decentralized governance. Additionally, the funds will be used to expand Bottos influence and develop cross-media creation and learning capabilities to build artistic intent.
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