DAO Maker is a blockchain-based platform built to support growth technologies and funding setups for early-stage teams, while reducing risk exposure for investors. The ecosystem runs on the ERC20 token. DAO has multiple roles across the network, including utility and governance. This page displays the live market price of DAO Maker [DAO].

How Does DAO Maker [DAO] Work?

DAO Maker gives early ventures the ability to seek investment from backers during the beginning of their development. In that sense, DAO Maker functions like a launch intermediary between investors and startups participating in a fundraising event.

The platform helps lower the danger associated with questionable token sale campaigns. Many people struggle with a major decision: whether or not a project is worth supporting. When a product is still in progress and the development team has not yet established credibility, backing the startup can be a particularly high-risk move.

The goal of the DAO Maker platform is to let investors/ventures take part in fundraising events more securely, while promising young startups gain access to capital for continued product development.

As a launchpad, DAO maker delivers growth support for new crypto projects, helping them cope with the pressure of aggressive competition. A launchpad is a place where early crypto projects can raise funds from investors. In return for supporting a project at launch, investors receive early access to its new product offerings.

DAO Maker provides technologies that support SaaS-style services for promising crypto startups, with a featured product called the DAO pad. The DAO pad is a multi-dynamic investment system that lets DAO token holders join token pre-sales for upcoming crypto projects.

To join a project’s fundraising initiative, DAO Maker requires users to hold a specific amount of DAO tokens. At present, the fixed requirement is 2000 DAO tokens, deposited into the Venture Yield Staking Contract. Each DAO token held by the user corresponds to 1 unit of DAO Power. DAO Power is required to participate in ICOs, strong holder offerings (SHOs), seed funding, and Dynamic Coin Offerings (DYCOs). 

Storing DAO tokens in Staking Contracts also produces Venture Yield Rewards. Reward size is tied to how long you stake: longer staking generally leads to larger rewards. If you withdraw before the end of the staking period, users must pay 50% of the earned rewards.

You can increase your DAO power multiple times by bidding on DAO-USDC Uniswap LP tokens. Bidding on DAO tokens can also provide rewards in the form of the token from a project you choose, such as Evolution (EVN), Yield Protocol (YIELD), Open Ocean (OOE), and more.

Participants dedicate the necessary DAO Power to the project they want to support, and then enter a lottery to win that allocation. Allocating more DAO Power to a particular SHO improves your odds of winning, since higher DAO Power allows entry into a higher lottery tranche.

Today, the tranche system is set up like this:

The DAO Power a participant assigns to a project remains locked until the token sale winners are announced. If 2000 DAO Power is allocated and the user becomes a winner, that same amount of DAO Power is deducted and then restored after 15 days.

If the participant does not win the SHO allocation, their DAO Power is returned once the token sale ends, and the user can apply their DAO Power to join the next SHO.

To take part in fundraising on the DAO Maker platform, you need to complete these steps:

Depending on how much DAO a user holds, they fall into 5 tiers. The tier levels are as follows:

The more DAO Power you allocate to a given token sale, the higher the odds of securing the guaranteed allocation and winning the lottery. Winning odds by tranche are:

Higher tranches receive increased priority. The top 10 participants by priority are included in the project’s token sale whitelist. 

What is DAO Maker [DAO] Token?

The platform’s native cryptocurrency is an ERC-20-standard token named DAO. DAO tokens are essential for supporting the platform’s ecosystem and are used in multiple ways throughout the network.

Governance and Reward Pool. Token holders can stake their DAO to gain governance power over proposals that get launched. By participating in governance, stakers can earn rewards produced from platform fees. Staked DAO tokens are locked for a period of time to ensure that only participants with long-term commitment join the process.

Premium Access. DAO stakers may receive advantages related to allocation priority and additional incentives. When the DAO Launchpad features high-demand startups, stakers get priority access to these opportunities. If a sale attracts more participation requests on the DAO platform than it can accommodate, DAO stakers are prioritized due to their on-chain credibility-shown by providing liquidity on Automated Market Makers and by off-chain validation through social mining participation. Users can take part in sales early through DAO Premium accounts funded with DAO tokens.

Incentivized Long-Term Staking. Once startups are selected, they receive support and services from the DAO platform and its community. Because of this, users stake tokens so they stay motivated to review and evaluate projects. If users repeatedly back questionable or scam projects, their stake will be penalized.

Where to Buy DAO Maker [DAO] Coin?

You can purchase DAO tokens using a bank card or via bank transfer. Payment services and crypto exchanges that list DAO Coin include Transak, Uniswap, Gate.io, Kucoin, ChangeNow, and OKEX. Before investing in cryptocurrencies, note that the DAO Token market price is volatile and can shift significantly within short periods. 

Where to Store DAO Maker [DAO] Tokens?

DAO Maker [DAO] runs on the Ethereum network, so it can be stored in any wallet compatible with ETH. The DAO website recommends MetaMask, WalletConnect, and Coinbase Wallet.