Rally Raises $57M For Community Treasury to Fund Community Driven Growth
Rally, today announced $57 million in funding for its community treasury through community approved sales of $RLY. The nature of this fundraise was unique — it was approved and led by the decentralized Rally community to fund the treasury that the community fully controls, and ushers in a new era in active and effective community governance.
The project is continuing its growth through new community activity rewards and a forthcoming NFT platform. In addition, Rally has expanded its community appointed leadership team to include former Patreon executive Bremner Morris as CMO/CRO to assist the Rally community with go-to-market strategy and drive creator adoption and success. Former Facebook and Patreon exec Michelle Vautier has joined the Rally project as VP Payments & Platform Partnerships, and former Twitter and BratTV executive Nick Millman has joined as VP Creator Partnerships.