The Ethereum Merge is here and the BrainDAO treasury now has over $2 million in wrapped ethereum and over $5 million in total assets. The IQ token is backed by the BrainDAO treasury and the treasury is fully governed by IQ token stakers. BrainDAO holds a diversified portfolio of IQ tokens, ethereum, stablecoins, blue chip NFTs, and other assets.

Back in May, BrainDAO decided to acquire a Bored Ape as its first NFT acquisition since the Bored Ape Yacht Club is Yuga Labs premier NFT collection and is poised to grow in value with apes forming a core part of Yuga’s Otherside metaverse. The Otherside metaverse is aligned with BrainDAO’s vision of bridging the real world and the metaverse.

BrainDAO acquired BAYC #9665 precisely because of its Pink fur trait which represents the brain, the center of all knowledge. The growth of BrainDAO comes at the perfect time as the launch of a new fully Web3 site for the Everipedia Encyclopedia nears. The new site will run on Ethereum L2 and have several cutting-edge integrations. The waitlist for our public beta is just around the corner. Stay tuned!