Blockchain and Investment Heavyweight, David Drake, Joins Pally's Advisory Board

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The world’s first travel experience ecosystem powered by smart-contract technology.

London: Pally, the world’s first decentralised social travel ecosystem, is pleased to announce the addition of David Drake, Chairman of LDJ Capital, to its Board of Advisors. As Pally gains increased recognition both within and beyond the Blockchain community, David brings his extensive experience within the Investment, Travel and Blockchain industries to support Pally’s Business Development.

Pally has recently begun its Initial Coin Offering (ICO) after a well-received announcement of Blockchain integration that led to a successful token pre-sale. The ICO will support product development, and enable Pally’s community across five continents to obtain PallyCoin (PAL) which they can use to purchase travel experiences on the platform. As a crowdfunding expert, David has recently acted as a Board Advisor to various leading multi-million-dollar Blockchain start-ups including Ambrosus and LA Token.  

Commenting on the new agreement, Oliver Andersen, Pally’s CEO and Co-Founder remarked:

David is a seasoned professional whose expertise in the investment, crowdfunding and blockchain sectors will be hugely valuable to our continued growth internationally. He is joining a team of driven professionals, and we also look forward to taking him on his own London Pally Adventure soon!

David Drake, whose previous investments include unicorns like Lyft and Alibaba, is looking forward to the taking on new challenges with Pally:

Pally is the ultimate social travel app which simply gives you access to see things that the locals know so well. Wouldn't you want to have that exclusive experience and be rewarded by the community in the ecosystem? This is the super localized and personalized travel app we can all use and absolutely need. The Pally App rewards everybody in the ecosystem through consensus and formalizes the system using blockchain technology. This is the must-have app for travellers.

David Drake

David Drake is the Chairman of LDJ Capital, a family office based in NYC; Victoria Partners, LDJ Real Estate Group; Drake Hospitality Group; and, The Soho Loft Media Group. LDJ Capital's extended network of funds of funds and hedge funds manages 1.5 trillion USD in assets. David previously represented the US Commerce Department at the EU and he spoke at the UK Parliament. Mr. Drake’s access to 100,000 investors is maintained through his media holding investment The Soho Loft Media Group which has produced and sponsored over 1500+ global finance conferences since 2002. David Drake is actively involved in the crypto community as an advisor and speaker and has helped blockchain firms he advised raise $101M in funding through their ICO.

About Pally

Pally is a decentralised community that enables its 25,000 + members to have authentic travel experiences. The Pally ecosystem is comprised of Pally Social, an iOS application available in beta on the Apple App Store which connects travellers with like-minded locals in new cities, and Pally Adventures, a community marketplace where visitors can immerse themselves in new cities through unique experiences curated by local hosts.

Pally’s beta app is available for download on the iOS app store. To participate in Pally’s ICO, please visit: https://www.pally.co. You can keep up to date with other updates directly through their medium page - https://medium.com/@Pally

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Tom Clancy
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