DAO Voting Platform Snapshot Labs Closed $4 Million Funding Round Led by 1kx

TokenInsight news, Snapshot Labs, a DAO voting platform, has closed a $4 million funding round led by 1kx with participation from Coinbase Ventures, MetaCartel Ventures, Gnosis and others. The funds raised will be used to expand the scope of its DAO governance tools. Launched in August 2020 by Snapshot Labs for the Balancer community, Snapshot is a free-to-use platform that has become a popular place for over 2,000 decentralized communities to gauge member sentiment on a particular course of action.