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Umia
@umia_finance
The onchain venture creation layer
Joined May 2024
6 Following    23.7K Followers
Once a project is funded in Umia, its tokens don't get placed in a team treasury, but instead in a noncustodial treasury. Thanks to an automatic monthly disbursement, teams are still able to operate and develop within the agreed upon budget. Any larger requests are done through decision markets, and the outcome with the highest-price conditional token price is the one that gets executed. Through this mechanism, Umia allows founders to continue developing while giving markets a direct say.
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