A Quick Update on the Tezos Ecosystem DAO

The Tezos Ecosystem DAO was initially funded from the generous donations of <a href="https://objkt.com/profile/felipevargas/created" rel="noopener ugc nofollow" target="_blank">Felipe Vargas</a>, the commissioned artist behind the Tezos upgrade memorabilia, via sales of the memorabilia NFTs on Objkt. The DAO also received some funding from generous ecosystem members such as Baking Benjamins, Money Every 3 Days, and more who donate a portion of their baking rewards to the DAO. This was a great and humble start, and now we’re excited to introduce the newest source of funding. <img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*cjfmlnD7eVBwqEvbpLW8JQ.jpeg" style="height:394px; width:700px" /> Tezos Commons has secured a generous grant of approximately 72,000 tez from the Tezos Foundation to jumpstart the Tezos Ecosystem DAO. The Tezos Foundation is dedicated to supporting this experiment, and we are all excited to see how the project evolves. As this grant is not for Tezos Commons and is intended solely to support the Tezos Ecosystem DAO, the entire amount is being immediately deposited to the DAO Treasury to be made available for ecosystem grants. <a href="https://medium.com/tezoscommons/a-quick-update-on-the-tezos-ecosystem-dao-d3450fd725fc?source=tag_recommended_feed---------36-84----------blockchain----------76041201_6426_4322_84ae_0b1faf743f2a-------">Read More</a>