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6th Man Ventures: has purchased META worth $1.5 million in the open market, with an average price of $6.35.
BlockBeats news, on October 20, the liquidity head of the venture capital firm 6th Man Ventures @CompoCapital announced that 6th Man Ventures acquired MetaDAO (META) worth $1.5 million at a price of $6.35. Influenced by this news, META is currently quoted at $8.34, with a 24-hour rise of 32.51%. The announcement stated that MetaDAO's rock-solid ICO platform gained strong traction in its early stages - attracting over $200 million in funding for founders, while granting rights to liquidity investors and essentially coordinating incentives for both parties - representing an important step in the evolution of on-chain capital formation. Previously, the MetaDAO community proposed to “sell up to 2 million META at market price or at a premium.”