Meta Pool DAO has made a groundbreaking announcement by launching the first-ever Latin American fund designed to assist crypto projects operating in frontier markets. This move establishes Meta Pool as the pioneer DAO that is championing the advancement of crypto projects across the Latin American region.
The primary objective of the fund is to provide aspiring entrepreneurs in Latin America with the necessary resources to develop and execute their crypto proposals. To accomplish this, Meta Pool has established a grants fund named mpDAO Grants, which has recently completed its sixth financing round.
Co-founder of Meta Pool, Claudio Cossio, emphasized the organization’s commitment to supporting crypto entrepreneurs and fostering entrepreneurship in frontier markets such as Latin America. He believes that these regions will experience rapid mass adoption of cryptocurrencies, making it crucial to encourage and promote the development of relevant projects.
Meta Pool stands out as a liquid staking solution that enables users to participate in cryptocurrency staking while maintaining the liquidity of their assets. The platform’s design allows it to function as an ecosystem that incorporates various protocols, including NEAR, Ethereum, Solana, Aurora, and Q Network.
Decentralization and community participation are fundamental values for Meta Pool. As a DAO, the platform gives users the opportunity to engage in decision-making and the governance of the protocol. This ensures that any modifications to the protocol or rewards distribution are determined by the community, safeguarding users’ interests.
In its quest for global expansion, Meta Pool is actively seeking to extend its presence in frontier markets. The organization has initiated an exciting new endeavor that will enable millions of individuals in Latin America and around the world to join the project and collaborate in its expansion.
Starting from May 1st, Meta Pool launched the mpDAO tokens, allowing new users to participate in various initiatives that support the development of crypto projects in frontier markets. Through the utilization of the Uniswap network, individuals can join the initiative and become holders of Meta Pool tokens on the Ethereum network, thereby facilitating the connection between NEAR and Ethereum communities.
The ultimate aim of the project is to sustainably foster the growth of the crypto ecosystem in frontier markets, which includes regions like Latin America where cryptocurrency adoption has been rapidly gaining traction. Meta Pool is leading the way by providing crucial support to entrepreneurs and driving the development of the crypto industry in these emerging markets.