Tekin Salimi

Tekin Salimi is a Canadian venture capitalist and lawyer who is the founder of dao5, an experimental cryptocurrency investment fund.[1] He is also a former general partner at Polychain Capital.[2]

Tekin Salimi
Born
Tekin Salimi

(1988-05-25)25 May 1988
Bursa, Turkey
NationalityCanadian
EducationOsgoode Hall Law School
Occupations
  • Venture capitalist
  • lawyer
Known forFounder of dao5

Early life and education

Salimi was born in Turkey, but when he was a young child, his family relocated to Toronto, Canada. He holds a Juris Doctor (JD) from Osgoode Hall Law School, Toronto.[3]

Business career

He started his career as a corporate lawyer at Torys LLP.[4] He began working with Polychain Capital in 2018 and remained there till 2022.[1]

In 2022, he founded dao5, a $125 million Web3 venture fund with the intention of turning it into a decentralized autonomous organization (DAO) by 2025.[5][6] Upon conversion, dao5 tokens will be minted and issued to the fund's advisory board, investment team, and founders of portfolio companies.[7][8] Salimi suggests that DAOs can revolutionize the way we work, collaborate, and govern in the future.

Dao5's advisory board include Emin Gün Sirer, Ben Fisch, professor of computer science at Yale University, and Ivan Soto-Wright, founder of Moonpay.[9][10]

Salimi supports Polkadot as a blockchain platform that connects private and consortium chains, public and permissionless networks, and other combinations that have not yet been created in a single, interoperable system.[11]

He is also acting as an advisor and board observer for the Blockchain Association, a prominent lobbying organization that advocates for policy interests on behalf of the blockchain industry in the United States.[12]

References
  1. Joyner, April. "Crypto's core technology has a legitimacy problem. The founder of VC firm Dao5 is seeking to shore up its cred by working with university researchers". Business Insider. Retrieved 2023-03-06.
  2. The State of Crypto VC and DAOs, retrieved 2023-03-06
  3. "Tekin Salimi". Creative Destruction Lab. Retrieved 2023-03-06.
  4. "Home Capital announces the successful completion of the equity investment by Berkshire Hathaway and the provision of a new C$2 billion credit facility | Work | Torys LLP". www.torys.com. Retrieved 2023-03-07.
  5. Bambysheva, Nina. "New Crypto Venture Fund Raises $125 Million With Plan To Become A DAO In 2025". Forbes. Retrieved 2023-03-06.
  6. "Tekin Salimi on Managing $125M Through A DAO". The Defiant. 2023-01-27. Retrieved 2023-03-06.
  7. "Tekin Salimi lève 125 millions pour son fond- DAO5". Cointribune (in French). 2022-03-24. Retrieved 2023-03-06.
  8. "Экс-партнер Polychain Capital запустил криптофонд на $125 млн". ForkLog. 2022-03-24. Retrieved 2023-03-06.
  9. Jia, K. J. (2023-02-27). "Top VCs to meet at ETHDenver 2023". ReadWrite. Retrieved 2023-03-06.
  10. "150億円規模Web3ファンド「DAO5」、元ポリチェーンキャピタルのGPが立ち上げ". あたらしい経済 (in Japanese). 2022-03-24. Retrieved 2023-03-06.
  11. Jones, Patrick (14 May 2021). "Crypto Professional Tekin Salimi Focuses On The DAO Archetype". Tech Times. Retrieved 22 March 2023.
  12. "Asia Blockchain Summit". abasummit.io. Retrieved 2023-03-22.
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