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MIAMI, Dec. 28, 2021 /PRNewswire-PRWeb/ -- Sarcophagus, a "dead man's switch" dApp incubated by Decent Labs, a Web3-focused venture studio, closed a $3.67M raise completely on-chain in a demonstration of
On-chain financing is core to what we are doing as a venture studio. We believe transparency is vitally important to any legitimate Web3 project, so by utilizing on-chain, publicly verifiable fundraising methods we're ensuring there is no favoritism. This model doesn't allow for back-room deals and everyone can see that all investors are equal and get the same terms.