Suku is a Binance-backed crypto project that claims to be the world’s first decentralized supermajority voting platform.
The project is designed to help token holders of all types of digital assets to have their say in how those assets are managed.
Suku says that its platform will allow for “transparent and accountable decision making” around the management of digital assets.
The project is being developed by a team of experienced blockchain and software professionals, led by co-founder and CEO, Alexey Koloskov.
Koloskov is a serial entrepreneur who has co-founded a number of successful startUPS, including an online travel agency and a social media platform.
The team also includes CTO Igor Barinov, who has experience working on projects for the Russian government, and Chief Scientist Dmitry Lepikhin, who has a PhD in Mathematics from Moscow State University.
Suku has raised $3 million in funding from a number of high-profile investors, including Binance Labs, the venture arm of cryptocurrency exchange Binance.
The project is still in its early stages and is yet to launch its platform. However, if it proves successful, it could provide a much-needed solution for the governance of digital assets.