In its aim to bridge the gap between DAOs and potential contributors, Dework has announced a $5 million seed round led by Paradigm and Pace Capital.
Former chief technology officer at Coinbase, Balaji Srinivasan, and Polygon founder Sandeep Nailwala also participated in the round.
Dework is positioning itself almost like a Linkedin for DAO contributors by connecting them with projects that match their skillsets.
Dework said some of the funds will be put toward creating more bounties and attracting more contributors to help build its platform.
A decentralization autonomous organization, or DAO, is an online community focused on a common goal that uses a shared treasury, smart contracts (programs that execute once criteria are met), and tokens for voting on proposals.
Co-founder Lonis Hamaili, an experienced DAO contributor, said Dework is focused on making the whole process clearer and easier for participants.
However decentralized a DAO seeks to be, an individual—or several individuals—still must organize it, decide on compensation models, and find and manage talent.
Potential DAO contributors can use Dework, which launched in December, to choose from a list of DAOs and open bounties. They also can see recommended DAOs by connecting their personal Discord to the Dework platform and answering a few questions.
At that point, those individuals can build a Dework profile, effectively a resume, and include wallet info to receive payment.
