Solana (SOL) based meme coin decided to contribute to the ecosystem with hundreds of thousands of dollars of funding.
Bonk DAO, which represents the community behind Bonk, recently made a notable vote. The community voted to allocate a certain amount of budget from the Bonk treasury to invest in new projects in the Solana network, and the proposal was accepted.
In line with the results of the voting, Bonk DAO determined that its treasury $500,000 Built on Solana an initiative fund to support projects It was decided to separate. The fund’s first investment is “Ycombinator for Solana” was directed at a Solana-based startup called. This offer linked to the ColosseumVote eight in favor and zero against. passed.
The fund in question was recently opened by the Solana ecosystem manager. Matty Taylor It was managed by, but this authority is planned to organize hackathons that reveal new projects for its ecosystem and has been recently launched. to the Colosseum transferred.
In his previous statement, Taylor made the following statements about Bonk DAO and the fund:
To be honest, we were quite surprised, because we had never heard of a DAO making this kind of investment in a venture fund before.