The BONK meme coin emerged as a whimsical attempt to inject vitality into the Solana ecosystem following the turmoil caused by FTXs struggles in late 2022. Fast forward one year and both entities have experienced significant growth, transforming BONK into an unexpected player: an investor in a venture fund. Bonk DAOs Venture Fund Investment Plan Bonk DAO, consisting of a 12-member council of influential figures within the Solana community who oversee a staggering $124 million worth of BONK tokens, recently voted to allocate $500,000 from its treasury to an early-stage startup fund. This...
source: https://tokenpost.com/Crypto-Bonks-Biggest-Whale-Invests-500K-to-Solana-Startup-Fund-11182
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