Jokerace, a blockchain governance improvement project, secures $3 million investment

IconCryptoNewsTerminal Staff31 Jul, 2024

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Jokerace, a blockchain governance improvement project, secures $3 million investment

Jokerace, a project that aims to improve blockchain governance, has reportedly raised $3 million in investment. The funding round was reportedly participated by 30 angel investors. Jokerace plans to use the funds for hackathons, business development, and marketing. Blockchain governance is a critical aspect of ensuring the security and integrity of blockchain networks. Jokerace is developing tools and services to help improve the governance of blockchain networks. The investment in Jokerace is a sign of the growing interest in blockchain governance. As blockchain technology becomes more widely adopted, there is a need for robust governance mechanisms to ensure that blockchain networks are operated in a fair and transparent manner. Jokerace is one of several projects that are working to improve blockchain governance. Other projects include the Decentralized Governance Foundation and the Blockchain Governance Initiative. The investment in Jokerace is a positive step towards improving the governance of blockchain networks. As blockchain technology continues to mature, it will be important to have robust governance mechanisms in place to ensure that blockchain networks are operated in a fair and transparent manner.