Takadao was founded in 2022 and is based in Riyadh and Singapore. Takadao builds technology that powers mutual protection DAOs as alternatives to real world insurance. Takadao’s investors include Draper Associates, Adaverse, Istari Ventures and Wahed Ventures.
The first Takadao powered tDAO, The Life DAO, is a life insurance alternative that is launching to testnet in August 2024. Visit https://takadao.io to learn more and qualify for community airdrops.
We envision a world where communities work together to uplift each other, where financial services are no longer exclusively owned by banks and insurance companies, and where billions are no longer excluded.
We’ve been using Chainlink technology for a while now and when we were given the opportunity, we were excited to be able to tap into Chainlink’s technological knowhow, industry position and community through the BUILD program
We use Chainlink to power several aspects of our underwriting and risk management algorithm, along with our decentralized claims management process. We use Chainlink to provide off-chain data to our smart contracts, use the price Oracles as well as the randomness function for claims.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
