In a tweet, Golden, CEO, Jude Gomila announced they have raised $40 Million led by a16z crypto.
This brings their total funding to $60M having raised $14.5 Million in 2020 in series A round. With the money, Golden will be able to build a decentralized, incentive-based system for getting data into a new protocol by using Web3’s mechanics.
When Golden launched in 2019, founder and CEO Jude Gomila had a goal was to create a knowledge base focused on areas where Wikipedia’s coverage is often spotty, particularly emerging technology and startups.
People who are well-known in the crypto world, operators, founders, and long-time supporters will be there: Protocol Labs, Raj Gokal (founder of Solana), Dan Romero, OpenSea Ventures, Juan Benet (founder of Protocol Labs), Arash Ferdowsi (cofounder and former CTO of Dropbox), Dylan Field (CEO of Figma), Bastian Lehmann (founder of Postmates and a new crypto company), Maryanna Saenko (of Future Ventures), Michael Seibel (former CEO of Y Combinator and cofounder of Twitch), Avlok.
“Knowledge is fragmented; to find reliable information, one needs to search across centralized repositories, personal webpages, news sites, blogs, and private databases. The world lacks a standardized interface for discovering, contributing and verifying knowledge. Creating this interface in a scalable way requires not just data; it requires the development of incentives for data entry, verification, and governance. Web3 technologies and mechanics are well suited to solve the core problems of incentivizing efficient task execution and organizing resources for protocol operations.”
Jude Gomila, CEO said in a statement.