• Mon. Jun 5th, 2023


Crypto & Blockchain information

What is Dao Maker

DAO Maker (DAO) is a platform that enables retail startups to invest in startups and projects at an early stage. In other words, DAO Maker is a launchpad that acts as an intermediary between retail investors and protocols in the fundraising process of cryptocurrency projects.

DAO Maker solves the risks posed by participating in token sales today. Investing in projects that are still in development and whose developer team is little or no known can be risky. At this point, DAO Maker uses its prestige and aims to ensure that investors/initiatives can safely participate in Initial DEX Offering (IDO) events, while promising protocols can raise funds to further develop their products.

To achieve this, DAO Maker offers its users 4 options based on their risk level:

1-Venture Bond: Low risk, low reward.
2-Dynamic Coin Offerings (DYCO): Medium risk, medium reward.
3-Refundable Strong Hold Offerings (SHO): Medium risk, medium reward.
4-Standard Offerings: High risk, high reward.

Among the projects released with DAO Maker, the most notable ones are: My Neighbor Alice (ALICE), Orion Protocol (ORN), Seascape Network (CWS), Infinity Pad (IPAD).

DAO coin project
At the heart of the DAO Maker ecosystem is the ERC-20 based DAO token. The DAO token has 4 uses in the DAO Maker ecosystem:

Governance: DAO token holders can stake their tokens to have a say in the future of the platform.
Reward Pool: DAO token holders receive a portion of the trading fees on the platform as a reward.
Premium Access: DAO token stakers have priority in distribution and redemption.
Burn: DAO tokens are burned at certain times.
The maximum DAO token supply is 312,000,000. As of February 18, 2022, 69,932,884 DAOs are in circulation.

Leave a Reply

Your email address will not be published. Required fields are marked *