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[New Fundraising] Open source economic infrastructure Merit Systems completes $10 million seed round, led by a16z crypto and others
Merit Systems is an open source economic infrastructure that allows capital sources to route funds to the code base and directly incentivize builders. As corporate hierarchies direct resources with nested layers of middle management, Merit distributes capital to builders in a distributed ecosystem programatically. Over time clear merit-based incentives will attract the best builders to projects where they can maximize their agency and impact.
More about Merit Systems: https://www.rootdata.com/Projects/detail/Merit%20Systems?k=MTU5MDM%3D
Source: https://www.merit.systems/fundraise
BY RootData

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