New Order signs a partnership with Base Camp, an Outlier Ventures incubator to launch a generation of new DeFi
Within the new partnership, New Order, a novel decentralized autonomous organization, is going to introduce 30-40 decentralized finance protocols (DeFis) in the coming two years.
New Order DAO partners with Outlier Ventures
According to the press release shared by representatives of New Order DAO, it has entered into a long-term strategic partnership with Outlier Ventures.
Together with Base Camp, a leading Outlier Ventures’ accelerator for Web3.0 products, New Order is going to release between 30 and 40 DeFis in 2022-2023.
New Order DAO focuses on creating a new generation of DeFi: multi-channel, supporting AI-powered modules and capable of seamlessly integrating NFT-centric instruments.
It brings together developers, investors and smart contracts creators to introduce a new type of decentralized application, so-called “ecosystem-as-a-service.”
Eden Dhaliwal, founder of New Order, underlines the importance of this partnership for the entire cryptocurrency protocol sphere:
With Outlier’s industry leading Web3 accelerator and New Order’s DeFi ecosystem, our DeFi Base Camp will launch exciting projects that will bring new DeFi products and user experiences to Web3 communities, CeFi, metaverses and more.
Introducing a new segment: what is MetaFi?
In Q4 2021, Outlier Ventures raised over $ 250 million for Web3.0 start-ups of all types. As such, his expertise in nurturing early-stage crypto-focused teams is unprecedented.
Outlier Ventures and New Order DAO are going to pioneer an entirely new global decentralization ecosystem, “MetaFi.” Initially coined by Outlier Ventures, the term is a combination of “DeFi” and “Metaverse.”
Jamie Burke, CEO of Outlier Ventures, is fascinated by the highly scalable and revolutionary architecture of the new collaboration:
We have been investing in DeFi for several years but it requires a very nuanced service provision and ecosystem activation which requires its own dedicated Basecamp program. New Order’s venture DAO was able to bring that together in a scalable way, and together we can really define a whole new category of DeFi, MetaFi.
MetaFi should be seen as “DeFi applied to the metaverse”: it introduces DeFi practices in the realm of non-fungible tokens and game mechanics to win.
