London-based Web3 music startup has successfully raised a $2.9 million decentralized funding round on the Internet Computer (ICP) blockchain. According to the press release, following the completion of the raise, TRAX will operate as a decentralized autonomous organization (DAO). Holders of TRAX’s new governance token, TRAX, will democratically control it. The funds will stay in TRAX DAO’s treasury, allowing TRAX holders to decide how best to utilize them. TRAX completed its raise on 23 December 2023, amassing a treasury of over 314,000 ICP, or approximately $2.9m at the time of the raise.
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BCH
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USD1
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USDE
$0.999762
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GRAM
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BNB
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XRP
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LEO
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