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LATEST MONI

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 5. DAO Maker: Beginners Guide


DAO MAKER: BEGINNERS GUIDE

by Author: Jay Jackson

--------------------------------------------------------------------------------

17, September, 2022

--------------------------------------------------------------------------------

in Crypto Business News, Guides/Reviews



DAO Maker is a blockchain project Launchpad that provides growth solutions to
crypto startups. Since its launch in 2017, it has launched over 100 crypto
projects and raised over $30 million. Some of its most successful projects
include My Neighbor Alice, Orion Protocol, and LaunchX.

Besides investment opportunities, the platform also provides other services,
including incubation, operations, and advisory services, which help grow nascent
blockchain-based projects.


THE PLATFORM

There are many reasons the DAO Maker is considered the best Initial DEX Offering
(IDO) and Initial DEX Offering (IGO) Launchpad for crypto projects.

It also has excellent features and products that enable worthwhile service
delivery. Its most notable features and products include the DAO; Pad: a
multi-investment platform that connects the Launchpad's community with upcoming
crypto projects.

Vaults: they are used to participate in DAO's offering and refundable token sale
methods that include Strong Holders Offering (SHO), SEED sales, and Dynamic Coin
offering (DYCO). Token holders can also stake their tokens in the vaults and
earn yields.

Instant Swap: It allows crypto holders to swap their non-custodial wallet
cryptocurrencies into the platform's utility tokens on decentralized exchanges.

Hub: it enables participants to earn social activity scores by promoting links
and tweets generated by the project via the Hub Feed.

Social mining is another product that allows crypto startups to create
communities and online exposure for their growth. It helps with building their
ecosystems.


HOW THE PLATFORM WORKS

DAO Maker requires users to lock up a certain amount of native tokens to
participate in a project launch. For every token you stake, you'll receive 1 DAO
Power. You can allocate your DAO Power to the sale you want to participate in.

Your position will be put into 1 of 5 available tranches, depending on the
number of DAO Power you've spent. The trenches are;

· Tranche 1: 500–999 DAO Power

· Tranche 2: 1,000–1,999

· Tranche 3: 2,000–3,999

· Tranche 4: 4,000–9,999

· Tranche 5: 10,000+ DAO Power

The more DAO Power you hold, the higher your chances of winning a participation
slot. If your allocation wins, your DAO Power will be locked for ten days. If it
doesn't win, your DAO power will be returned immediately.


THE TEAM

Christoph Zaknun and Giorgio Marciano are the co-founders of DAO Maker. Zaknun
is the CEO, and Marciano the CTO. Zaknun holds a Bachelor's degree in robotics.
He is credited with launching the Dog ICO. Before getting into the crypto space,
he was a medical student. Marciano is a heavily experienced entrepreneur and IT
engineer with over 13 years of experience in software development.

Other team members include Malte Christensen the COO, and Hassan Sheikh the CMO,
a former lecturer in Mathematics and experienced business strategist. The
Launchpad has more than 20 team members working to better its service delivery.


THE NATIVE TOKEN

The DAO token is the native utility token of the platform. The token can be used
to participate in token sales on the DAO Pad platform. It can be staked to earn
yields via the vaults. It can also be used to vote on various decisions
concerning the platform's future.

The tokens have a max supply cap of 312,000,000 coins. There are currently
83,503,449 coins in public circulation. As of the time of writing, according to
Coinmarketcap, each coin is worth $1.92. They are ranked 154th largest
cryptocurrencies by market cap.

The digital coins can be bought on several crypto exchanges, including KuCoin,
Gate.io, Instant Swap, Bithumb, and Uniswap.




SUCCESSFUL PROJECTS LAUNCHED ON THE PLATFORM

· Orion Protocol: A Defi platform aggregates liquidity from centralized
exchanges, decentralized exchanges, and swap pools.

· My Neighbor Alice: A multiplayer blockchain-based game where players can buy
and own land and gather and collect unique items.

· LaunchX: a decentralized multi-chain IDO Launchpad platform that allows
startups to raise funds across multiple blockchains.

· DeRace: The world's first decentralized, blockchain-based racehorse platform.


PARTNERSHIPS

Since its launch, DAO Maker has entered and continues to enter into strategic
partnerships that help with its growth. So far, the Launchpad has partnered with
the TRON network, Alliance Block, Alchemy Pay, PAID Network, Rainforest
Foundation, Fantom Foundation, 4IRE LABS, Israeli Block Association (IBA), and
the Warena Project, among others.

In August 2022, the platform announced a partnership with Binance for Custody
service. It will use Binance's custody solutions to safeguard its assets and
ensure they comply with all necessary regulations.


INTO THE NFT SPACE

As of 2022, DAO Maker is venturing into the NFT space and Metaverse. It is soon
adding an NFT Launchpad to its product listing, and its first project will be
the Maradona D10S NFT collection.

The NFT collection will feature 5,000 profile pictures of the late Diego
Maradona, a world-renowned football player. The collection supports all
Maradona's heirs and is the first-ever official Maradona-licensed NFT project.


COMPETITORS

DAO Maker faces some competition from other blockchain-based Launchpads.
Polkastarter is a significant competitor that has launched over 100 projects and
raised close to $50 million in funding.

The protocol, built on the Polkadot Network, is similar to DAO Maker. For
example, it requires users to stake tokens to participate in early-stage
investments. Their Launchpad also supports Ethereum and Binance Smart Chain
(BSC) projects.


BOTTOM LINE

DAO Maker has many features and products that enable it to stay true to its
statement as the best IDO and IGO Launchpad for crypto projects worldwide.

The platform offers a lot to crypto startups. Such projects have a reputable
place to get the funding they need. They also have access to other services,
including incubation, operations, and advisory services, that can help them
grow.

Although its token is not performing that well as of writing, several crypto
prediction platforms predict a promising future. However, it is the crypto
space. You can never be too sure.

Disclaimer



AUTHOR: JAY JACKSON

Jay Jackson is a crypto trader, researcher and freelance writer. He works
closely with people and businesses in the crypto sphere, writing blog posts,
guides, press releases, reviews and ebooks.

#DAO#HOW TO CRYPTO#LEARNING

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