Safe has launched its own DAO, as well as a Safe token

Previously known as Gnosis Safe, it made the long-awaited launch of its own decentralized platform and the launch of the project's native token. And also, an airdrop of 50 million project tokens was conducted.

Although the cryptocurrency bear market continues to batter the industry, decentralized autonomous organizations, better known as DAOs, remain a popular way for people to organize online, build communities and raise funds.

Safe's mission is to make Web3 ownership more accessible, collaborative, and secure. "Safe's DAO-fication provides two benefits," Safe co-founder Christophe Simmchen told Decrypt.

"Every Web3 asset, identity, and data project can use the Safe protocol," he explained, calling Safe "a one-size-fits-all solution."

With the launch of SafeDAO, Safe tokens can now be claimed by more than 43,000 Safe users, who will act as stakeholders who can delegate their votes to specific DAO members or, as DAO calls them, "Guardians."

As you can see, the plans are as grand as possible, but our Moni app is even more glorious. Track your crypto wisely!