AladdinDAO

What they do

Launched in 2021 by a consortium of heavy-hitting crypto VCs, AladdinDAO aims to shift crypto investing from centralized venture capitalists to the "wisdom of crowds." It operates primarily as a DeFi yield aggregator and incubator, utilizing an elected council of experts known as the "Boule" to vet and curate liquidity mining programs. By doing so, it reduces information asymmetry and protects retail investors from rug pulls and unsustainable farms. In addition to curating external farms, AladdinDAO has successfully incubated major internal DeFi protocols like Concentrator, CLever, and f(x) Protocol.

What they look for

AladdinDAO’s core thesis is to battle information asymmetry in decentralized finance by crowdsourcing due diligence to top-tier DeFi researchers. They aim to identify the most rewarding and trustworthy DeFi protocols for liquidity mining, shifting the power of value discovery from traditional VCs to a decentralized community.

Stage

Seed

Sectors

Fintech

Based

New York, US