![paulnelsoncoindesk olympus web3 alliance dao 50m](https://limepret.com/wp-content/uploads/2023/01/f02318a1-4ecb-4300-9c02-d0b0b04b4947-740x414.png)
DeFi Alliance, the incubator of Olympus DAO and other Web3 projects, rebrands as Alliance DAO and says it raised $50M from Jake Paul and others — What the new moniker means for the newly minted decentralized autonomous organization is somewhat TBD. — A top crypto accelerator is DAOifying itself to the tune of $50 million.