This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

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The Takeaway:

  • Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans.
  • This DAI strategy is increasingly common among ethereum-centric startups.
  • MakerDAO and Monolith are now collaborating to connect DeFi loans…

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