July 17, 2023 — Tekin Salimi, the innovative mind behind Dao5, is pushing boundaries in the crypto space by building start-ups sourced from university professors’ research. Salimi, previously with Polychain Capital, founded Dao5 in 2022 as an experimental cryptocurrency investment fund. The organization aims to evolve into a decentralized autonomous organization (DAO) – a new form of internet-native organization that is governed collectively.

Reflecting on the tumultuous developments in the DAO world over the past year, Tekin Salimi remains enthusiastic and bullish about their potential. He views DAOs as the future of organizational structure, offering opportunities for transparent governance and collective decision-making. 

While at Polychain, Salimi’s investment thesis was broad, but since establishing Dao5, his focus has shifted primarily to the Ethereum ecosystem. This switch reflects the rapid development and versatility of Ethereum’s platform, which has become a foundation for numerous DeFi applications, NFTs, and other emerging crypto sectors.

Salimi sees immense potential in Web 3 infrastructure and non-fungible tokens (NFTs), viewing them as pivotal in redefining the internet and digital ownership. He also acknowledges the importance of regulation in creating a safe and sustainable crypto environment. 

In addition, Salimi shares his thoughts on FTX, one of the world’s leading cryptocurrency exchanges. He admires its relentless innovation and ability to push the industry forward.

In the coming days, Tekin Salimi will share more about his current focus at Dao5, giving us an insight into his strategies and vision for the future of cryptocurrency and decentralized organizations.

With a unique approach to sourcing deals and an unwavering belief in the transformative power of decentralized systems, Tekin Salimi and Dao5 are carving out a significant niche in the crypto world.

About Dao5

Dao5 is a Web 3 investment fund with a vision to become a decentralized autonomous organization (DAO). Founded in 2022 by Tekin Salimi, a former Polychain Capital executive, Dao5 focuses primarily on the Ethereum ecosystem and is driving innovation in the cryptocurrency sector.