Tekin Salimi, the former general partner of the leading Crypto venture capital firm Polychain Capital, has launched a $125 million venture fund dubbed dao5. The raised fund will invest in early-stage Crypto-related startups and projects focused on various industry sectors, including DeFi, DAOs, gaming, NFTs, and layer 1 blockchains. Salimi’s ultimate motto is to convert the fund into a decentralized autonomous organization (DAO) in the next three years.