Theta Adds 9th Enterprise Validator Node - DHVC
Who are they? Theta added DHVC as their 9th Enterprise validator. DHVC is a Venture Capital Firm based out of Palo Alto, California and has an office in Shanghai, China. DHVC participated in Series A funding for Theta back in 2017 so they are strong believers in the Theta goals!
Learn more about them here - https://www.dh.vc/
How large an Enterprise validator will DHVC run? DHVC invested 2M Tokens for their Validator Node.
How Large is DHVC? They currently have $500M AUM (Assets Under Management).
Area's of Focus for DHVC? AI (Artificial Intelligence), BioTech, Consumer tech, and Crypto investments.
Which Crypto projects has DHVC also funded? Brave, Compound, Cosmos, Dfinity, Figure, FTX, Hedera and Protocol Labs to name a few of their funded projects.
Why is this important? Theta is moving rapidly to the full decentralization of the Theta Protocol. By having Enterprise Validators also act as Investors it is a Win-Win for the protocol and long-term strategy! Recall all Enterprise Validator Nodes get to vote on who much TFUEL is created moving forward, wonder how they will vote (Inflationary or deflationary)?
Summary - Theta is marching quickly to Mainnet 3.0 and it continues to add new features and functions. Additionally, by adding their 9th Enterprise Validator it further reinforces the decentralization of the protocol. Exciting times, enjoy the Journey
