Great things come from humble beginnings, so it is no wonder that big companies like Twitch, Airbnb, and Dropbox were once startups that needed support from a business accelerator. Often, it is easy to come up with an idea for a successful project, but without access to funding, that idea may never come to fruition.

In traditional finance, venture capitalists are private equity investors that provide capital to companies in exchange for equity (shares in the company). While crypto venture capitalists like Binance and Coinbase Ventures exist, that route of acquiring capital is not always preferred.

The basis of the DeFi movement is eliminating the centralization of crypto operations and giving users more power in making financial choices. A decentralized project that promotes the tokens of an upcoming crypto project to raise capital for the startup is thus a preferred project. DAO Maker (not to be confused with Maker DAO) is a retail venture capital and accelerator platform that provides nascent crypto startups with funding and growth technologies necessary for success.

What is DAO Maker?

With over 200,000 users, DAO Maker is a retail venture capital and startup accelerator firm specifically tailored to providing growth solutions to nascent crypto startups. DAO Maker’s token sale platform, DAO Pad, which utilizes the DAO (Decentralized Autonomous Organization) model, allows for decentralized fundraising and offers a range of features such as whitelisting, token distribution, and community management tools. DAO Maker also provides consulting services for blockchain projects, helping them with fundraising, token economics, and community building.

One of the unique aspects of DAO Maker’s approach is its focus on community building and engagement. They believe that for blockchain projects to succeed, they need to have strong, vibrant communities that are actively involved in the project’s development and growth. To this end, DAO Maker offers a range of community management tools, such as social mining, loyalty programs, and gamification. The products are all tailored to promoting the growth of crypto startups and incentivizing community members to participate and contribute to the project. Overall, DAO Maker’s platform and services aim to provide a more decentralized, community-driven approach to fundraising and project development in blockchain.

History of DAO Maker

The DAO maker project is owed to the efforts of Christoph Zaknun and Hassan (Hatu) Sheikh. While both team members have been involved in the crypto space for over four years, Zaknun has raised funds for projects since 2017. The current CEO of the DAO maker platform, Zaknun, worked on the layer 1 blockchain, Avalanche, and assisted with the private sale for the Elrond project.

Sheikh, who now serves as Chief Strategy Officer, is equipped with management experience from co-managing a 3.4 million budget for Long Island County in New York. He worked as a professor of mathematics at the American University of Dubai before launching into the blockchain sector in 2018. By the end of 2018, he had launched a marketing agency for wallets, exchanges, and late projects.

The DAO Maker business model is supported by other bright minds in the cryptocurrency industry, including Nicholas Pelecanos and Giorgio Marciano, an IT engineer with over a decade of experience in software development and entrepreneurship.

How does DAO Maker work?

DAO Maker offers its users various services and products to increase venture participation at retail levels. Through its flagship product, the DAO Launchpad, DAO maker offers token offerings through private and public Strong Holder Offerings (SHOs) and dynamic coin offerings (DYCO).

Users must stake at least 500 DAO in the platform’s vaults to participate in these offerings. In exchange for the staked DAO, users receive DAO power at a ratio of 1:1. The DAO power gained from staking is then used to participate in the project’s SHOs, seed sales, and dynamic coin offerings.

Upon identifying a sale they would like to participate in, users must allocate their DAO power, thus granting them entry into the lottery for the token. The more DAO power they allocate, the higher their chances of winning a slot. According to the project’s guidelines, users are classified into five tiers that point to the amount spent.

• Tranche 1: 500–999 DAO Power
• Tranche 2: 1,000–1,999 DAO Power
• Tranche 3: 2,000–3,999 DAO Power
• Tranche 4: 4,000–9,999 DAO Power
• Tranche 5: 10,000+ DAO Power

Each tranche provides an increased chance of winning.

Upon winning a participation slot, the user’s allocation received automatic funding from their USDC balance, thus locking in their DAO power for ten days. If their lot is unsuccessful, the DAO power resets and they can spend it on other sales.

In addition to the launchpad product, DAO Pad, DAO maker is introducing a new flagship product known as Venture Bonds. The new product will expand the realm of retail participation in crypto startups. The Venture funds project will offer bonds from crypto startups in their platform and deploy DAO maker funds to over-collateralized lending markets (DeFi and CeFi) to earn a return. The returns will then be converted to capital and distributed to the startups under their project to facilitate growth and development. Users who have purchased bonds will receive the tokens belonging to the crypto startups or equity.

After the maturity period for the bonds, users can receive their funds back in full, alongside any yields accrued via tokens or equity.

DAO Maker’s DAO Pad, Vault, and Social Mining features are currently available online, and the development of several other products is ongoing. According to the official roadmap, the platform will launch the beta version of its Venture Bonds product in Q3 2021 and begin supporting equity offerings by Q2 2022.

What makes DAO Maker Unique?

DAO Maker is a platform that offers B2B and B2C products, with its DAO Pad and DAO Maker token (DAO) being its most well-known offerings. However, it sets itself apart from other platforms with some of the following features.

Quality of projects

DAO Maker’s strict selection criteria ensure that only the highest quality blockchain projects are selected to launch on its DAO Pad. With years of experience in the blockchain space and exposure to diverse projects, the platform’s team has gained a deep understanding of what it takes to build a successful product. As a result, even the worst-performing token sales have achieved well over the SHO price, with the best performers yielding very high returns.

High Allocations

DAO Maker focuses on providing relatively high allocations to winning participants in its IDOs. While other launchpads keep allocation per person low to ensure as many people as possible can participate, DAO Maker prioritizes each winner’s allocation, usually providing $500 to $1,000 per person (depending on the project). Tokens are often 100% unlocked at the TGE, although some are partially vested over a defined period.

Incubation and Acceleration services

DAO Maker provides a full range of services to hosted projects beyond token launches to increase the chances of success. This includes advisory services, community building, market maker and exchange partnerships, and more.

Non-inflative Token

The DAO token is non-inflative, with a capped total supply of 312 million. The rewards provided by each yield vault are put together by DAO Maker ecosystem partners.

DAO Token

The DAO token is the ERC-20 token that serves as the primary utility token for the DAO maker platform. The token is used to facilitate transactions on the platform as well as an incentive for participating users. Users involved in activities like staking, providing liquidity, and project launches are eligible to receive rewards in the form of the DAO token.

The DAO tokens are distributed among users through airdrops and staking rewards.

Additionally, the DAO token serves as the governance token of the platform, allowing users who hold the token to vote for changes to the DAO Maker ecosystem. The token also grants users access to exclusive features on the platform, including discounts and rewards.

DAO Tokenomics

DAO, the utility token of the DAO maker platform, has a maximum supply of 312,000,000 tokens, a circulating supply of 143,942,531, and a market cap of $214,141,156. The allocation of the token is as follows:

• 25% to the initial sale at 78 million DAO

• 20% allowed to the team

• 14% allowed for mergers and acquisitions

• 10% to the DAO-managed foundation

• 10% for customer incentives through staking rewards and yields

• 9% dedicated to the growth of the ecosystem

• 7% to the Foundation

• 5 to the advisors and future additions to the team at DAO Maker

The above allocation is subject to a periodic vesting schedule.

Projects Launched on DAO Maker

Some of the most prominent projects launched via DAO Maker include My Neighbor Alice (ALICE) and Seascape Network (CWS). A full list of projects and their performance is listed on the DAO Maker website.

My Neighbor Alice

Not just another blockchain game, My Neighbor Alice is a blockchain-based game open to non-crypto native players. The game familiarizes users with blockchain features such as NFTs in the form of in-game assets, virtual islands, and the project token Alice. The gaming experience is made up of player-to-player engagement, avatars, and virtual islands that are divided into land plots. NFTs symbolize each land plot and can be customized to change the topography, decor, and new patches.

Source: cointelegraph.com

Seascape network

Seascape is a gaming platform built on the ideals of the web3 industry. The game is focused on turning around complex core concepts of the web3 era into accessible games for DeFi users. Seascape network features various games that incorporate tokens, NFTs, and DeFi concepts like trading, in-game staking, and burning into traditional gaming.

Source: https://www.seascape.network/

How to Buy DAO Token

You can buy DAO through a Decentralized Exchange (DEXs) or a Centralized Exchange like Gate. To buy on Gate, the first step is to visit gate.io and sign up for an account.

Is DAO a good investment?

DAO Maker is a platform that provides startups with various services to help them raise capital and build their communities. The platform offers several tools, including fundraising platforms, marketing services, and community management tools designed to help startups grow and succeed.

Whether or not DAO Maker is a good investment depends on many factors, including the current state of the cryptocurrency market, the success of the startups using the platform, and the overall viability of DAO Maker’s business model. As with any investment, it is essential to do your research and carefully consider the risks and potential rewards before making a decision.

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