Decentralized autonomous organizations, otherwise known as DAOs, are a type of blockchain-based organization without leadership or management that allows for decision-making purely by shareholder voting—think of it like a digital co-operative. But just how does a company that decentralizes a majority of their operations handle payroll, accounting and other basic back office tasks?
23-year-old former SFU Beedie student and SFU Charles Chang Institute for Entrepreneurship alumnus Kaito Cunningham has co-founded a cryptocurrency start-up, Utopia Labs, to build the financial back-office software tools needed to handle basic operations for DAOs, crypto-native organizations and startups. Utopia Labs recently raised $23 million USD in Series A funding, with total funds raised so far exceeding $25 million USD.
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SFU track and field alumni Alexandre Paré and Brett Montrose just launched Streamline Athletes, an online platform connecting high-school student-athletes to an extensive database of U.S. and Canadian post-secondary athletic and academic programs and scholarships. Supported through Coast Capital Savings Venture Connection. The founders are life-long track athletes who met on Simon Fraser University’s National Collegiate […]
Opportunity Fest 2020: 10 Years of Unlocking Opportunities Following guidance on COVID-19 from regional and provincial health officers, SFU will not be holding large, in-person events at this time. Opportunity Fest 2020 will be the first year that the festival goes online. Please check back soon. On April 2nd, 2020, The Chang Institute for Entrepreneurship […]