SubDAO Successfully Raises Investment from Hypersphere

SubDAO Protocol
2 min readApr 23, 2021

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We are very honored to announce that SubDAO has received an investment from Hypersphere Ventures which has become a strategic partner of SubDAO. In addition, Jack Platts, former Head of Collaborations of the Web3 Foundation, and Co-founder of Hypersphere Ventures, officially serves as the Strategic Contributor of SubDAO, providing comprehensive guidance for the development of SubDAO.

Hypersphere Ventures is a Polkadot Ecosystem Fund led by Polkadot Co-Founder Robert Habermeier and Former Web3 Foundation advisor Jack Platts. The founding team of SubDAO is composed of the former Technical Team Leader of IBM and the well-known early developers of Polkadot. The past experience of SubDAO team members includes Internet companies such as IBM, Tencent, and Alibaba. Through this investment, SubDAO and Hypersphere Ventures will conduct comprehensive strategic cooperation to jointly promote the construction of the DAO infrastructure of the Polkadot ecosystem and help accelerate the decentralization in the Web3.0 era.

About Hypersphere Ventures

Hypersphere Ventures was founded by Polkadot Co-founder Robert Habermeier and Jack Platts. Jack Platts has been deeply involved in the Polkadot projects at the Web3 Foundation for more than 2 years and will continue to support the Polkadot ecosystem through the Hypersphere Ventures​ fund.

About SubDAO

SubDAO is a DAO infrastructure based on Polkadot, where any decentralized organization is allowed to conveniently create and manage a DAO. SubDAO does not only connect DAO with DApps to realize DAO’s cross-chain management but also bridges Web 2.0 and Web 3.0.

Through SubDAO’s Web2.0 middleware, users can implement DAO governance directly on traditional social platforms. Developers can quickly integrate DAO governance in their blockchain, web pages, iOS/Android mobile devices, and PC applications through the SubDAOO Airfone SDK. In addition, SubDAO’s series of templates and ecosystem tools allow DAO to implement various decentralized application scenarios such as crypto assets management, credit lending, and instant messaging.

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SubDAO Protocol

SubDAO is a DAO infrastructure that helps manage digital assets through middleware, multi-sig, and other decentralized features.