Boston, Massachusetts–(Newsfile Corp. – November 24, 2021) – Popcorn, a new platform for decentralized finance where yield-generating products simultaneously contribute to social impact, just announced its Token Launch Auction (TLA), which will take place on Monday, November, 29th, 2021 at 8:00:00 AM UTC. The token launch will be the first opportunity for the general public to join the PopcornDAO, a decentralized autonomous organization, by acquiring the POP governance token. This is a 2.5 day, multi-chain event for the Popcorn community where all proceeds raised will go to the Popcorn Treasury, a smart contract entirely controlled by the Popcorn token holders.
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- Popcorn, a philanthropy-focused DeFi ecosystem, Launches Token Auction Event on November 29th.
- Popcorn raised $6 million from notable investors like Jump Capital, New Form Capital, and Kenetic Capital.
- The Popcorn Token is the governance token of the PopcornDAO, which uses smart contracts to allocate a portion of platform fees to social-benefit projects.
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With philanthropy at its core, Popcorn takes ESG investing to the next level. Popcorn bakes social and environmental impact into the very foundation of the protocol through its extractive and composable DeFi primitives and products where basis points are used to fund social impact and non-profit organizations. Popcorn specializes in decentralized finance (DeFi) investment strategies, which are ways to put crypto-assets to work on the blockchain. Using the open-source and universal nature of blockchain technology, DeFi has opened up a new world of investment opportunity providing financial access for global citizens, especially the unbanked or those with limited access to the financial system.
About Sarson Funds:
Sarson Funds is an independent provider of blockchain technology and cryptocurrency marketing and educational services. The firm serves the Financial Professional community and their clients by providing cryptocurrency and blockchain technology educational services and investment solutions. Sarson Funds maintains a Fiduciary Standard at all times, bringing Wall Street standards for research, risk management and transparency to digital asset investing. Along with our Investment Manager and Financial Advisor partners, we believe that disruptive innovation requires a disciplined approach to risk management and education.
For more information, please visit Sarson Funds online at www.sarsonfunds.com.
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Source: Sarson Funds
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