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What is Dao Maker (DAO) coin and how does it work?

by Financial Economy

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. The DAO token is an ERC-20 token created on the Ethereum blockchain. In this article, you can find answers to questions such as what is Dao Maker (DAO) coin, how it works, how to get it, which exchange is available on, who is the founder, etc. You can browse here for information about Nebulas (NAS) coin.

What is Dao Maker (DAO) coin and how does it work?

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/startups can safely participate in Initial DEX Offering (IDO) events. In this way, 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:

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

Some projects released with Dao Maker!

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).

How to use DAO token?

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.

Dao Maker founders!

DAO Maker is the invention of Christoph Zaknun, who is also the CEO of the platform, and Giorgio Marciano, an entrepreneur and information technology engineer with more than 13 years of experience in the software industry.

Which exchange is DAO coin on?

Dao Maker coin is listed on some cryptocurrency exchanges such as OKX, BingX, Bitget, KuCoin, BTSE, etc.

How to buy DAO coins?

Dao Maker coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

DAO token supply!

Total supply of Dao Maker token is 274.810.687 units.

DAO token price!

As of February 1, 2023, at the time of the writing, 1 Dao Maker coin price is around $1,12 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

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