OmniBOLT and Redline DAO Strategic Partnership Announcement

1 min readOct 10, 2022

It hasn’t been long since we announced our previous strategic partnership, and we’re happy to announce a new one!

Redline DAO and OmniBOLT are pleased to announce the beginning of a strategic partnership in web3. We will carry out in-depth cooperation in marketing, growth, investment, financing, quantitative trading, etc., to explore new models for the blockchain industry.

About Redline DAO

Redline DAO is an international fund focusing on an early investment in blockchain projects. It has its own capital of 500 million US dollars and 6 areas of investment funds, including GameFi, Solana Eco, AVAX Eco, DeFi, NFT, and Trading. It has invested in over 200 projects, including FTX, DODO, Polkadot, chainlink, etc.

About OmniBOLT

OmniBOLT(Basis of Lightning Technology) is the world’s first stablecoin (on Omnilayer) circulation specification for Lightning Network, and the second important protocol presented by Omni foundation. It is a big extension of BOLT, the major parts of this spec are p-2-p instant payment and mortgage loans for crypto-assets.

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OmniBOLT (Omni Basis of Lightning Technology) is the world’s first stable coin circulation specification on Omnilayer for Lightning Network.