Moonrock Capital Announces Strategic Investment in MahaDAO (MAHA)
We are proud to announce MahaDAO ($MAHA) as an addition to our portfolio.
MahaDAO has created the infrastructure to support the ARTH token, which is a valuecoin that is backed by a basket of non-correlated assets. ARTH is the world’s first non-depreciating cryptocurrency. MAHA is a governance and utility token that regulates ARTH. While a fiat-linked stablecoin is subject to the price changes of the underlying fiat currency, ARTH’s value can’t be influenced by a single asset — which makes it a far better volatility hedge in the medium and long-term.
“Many DeFi projects offer only incremental changes, so when we came across the mission and ambition of MahaDAO, we were immediately blown away. With solid tokenomics, driven founders and an engaged community, it was an easy decision for us to invest in MahaDAO. We are positive that this project will be an overwhelming success and are delighted to offer them all of our support moving forward.”
— Jonathan Habicht, Managing Partner MRC
We are excited that MahaDAO is now officially backed by Moonrock Capital. Moonrock are known for their extensive experience in the space, and we are happy to have them onboard as long term partners. MahaDAO will be achieving a lot through their expertise, network and advice.
— Pranay Sanghavi Business Co-Founder MahaDAO
