Parachute
Curated by SignalDecentralized platform enhancing community engagement in the crypto space.
Overview
Parachute operates as a decentralized autonomous organization (DAO) that aims to enhance community engagement within the cryptocurrency sector. The platform offers various products, including freelancing opportunities, mining, bounties, and community events on the blockchain. It targets individuals engaged in these activities and seeks to facilitate connections and interactions among users, particularly addressing the issue of limited community participation. By transitioning to a full DAO, Parachute enables its community to participate in governance and decision-making processes, allowing holders of the Parachute governance token to influence the platform's direction. This model is intended to support growth and innovation within the cryptocurrency ecosystem.
Key facts
- Founded
- 2018
- Headquarters
- United States
- Stage
- Sign up to view
- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 4 products and services
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