Opolis, Inc., Trustee of the Employment Commons, completes
Denver, CO, May 12, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) Opolis, Inc, the Trustee of Opolis Employment Commons, has announced the completion of a round of Series Seed II equity and grant funding. Opolis has raised $ 5 million from several strategic communities, DAOs, DeFi projects, investment syndicates and investors in the blockchain industry and high net worth human resources.
With 20 investors and backers from six continents, the funding syndicate was one of the most diverse and community-based in the blockchain industry. BadgerDAO, Metacartel Ventures, ConsenSys, MakerDAO Foundation, MetaPurse, AngelDAO, CSP DAO, Pickle Finance, Fission Capital, GIGA Foundation, Senary Ventures, ID Theory, NodeSeeds, Redbeard Ventures, Rockies Venture Club, Mitchell Martin, MetisDAO, Magic Labs, Lionschain Capital and ColoraDAO are among the many who participated in the financing through a combination of equity and grants.
John Paller, Opolis Managing Director, said: “We set out to demonstrate that ‘Communities Funding Communities’ is the new standard for seed funding of key infrastructure projects in Web3. Bringing together investors and funders whose long-term goals match those of other ecosystem stakeholders was a top priority for us. We could not be more grateful for the support of these wonderful communities and their members.
As of May 3, the Opolis Employment Commons Self-Employed Coalition has over 2,500 members worldwide in 63 countries since its launch on April 22.
In addition to the Funding Cycle Syndicate, notable organizational members of the coalition include APY.Vision, Array.Finance, Bankless, Blockchain Accelerator Foundation, BrightID, ChaysrDAO, Commons Stack, Crux, DAOHaus, ETHDenver, FIO Protocol, Gitcoin, Giveth , MakerDAO, Meta Gamma Delta, Merkle Mountain, NEAR, Quantstamp, Peeps PoolParty, POAP, MetaCartel, Metafactory, MetaGame, RaidGuild, Reflexer, Serotonin, ShapeShift, Sobol, Superfluid, SushiSwap, The Graph, UMA, Unique.One, Wyre, XERO, and over 50 more from Blockchain and HR-Tech communities.
Bill Warren, Opolis Employment Commons Steward Council Member and Peeps PoolParty Co-Founder, said: “We are very happy to see so many great people and organizations joining the Self-Employed Coalition. The future of work is bright and we are eager to reshape the way people relate to their jobs in fundamental ways. “
Instead of a traditional airdrop, Employment Commons offers a sign-up bonus to new members who join before May 26, 2021. In addition, new members can earn additional $ WORK by inviting their peers, colleagues and members. of the community to join. The more referrals a coalition member provides, the more game points a member receives – 1,000 points for a coalition member sponsorship and 2,500 points for an employee member joined.
At the end of the game on May 26, 2021 at 5 p.m. PT, the Employment Commons will distribute up to $ 3 million in labor rewards to all referring members. The more players who play, the more $ WORK will be added to the prize pool. The top 1000 point winners will earn a share of the additional $ WORK.
The Member Dashboard went live at 12:00 p.m. PST (18:00 UTC) on Monday, May 3, 2021, where those who have won $ WORK rewards can choose to wager their tokens starting immediately to win $ WORK extra.
The Opolis Employment Commons is a digital employment cooperative offering wages, benefits and shared services to the self-employed.