DAO Maker (DAO) functions as an incubator offering growth technologies and SaaS solutions tailored for crypto startups. This initiative aims to assist emerging projects in securing venture capital by simplifying the process for investors to find and safely fund projects through IDOs.
The platform supports new ventures by fostering community development and later transforming these communities into valuable contributors within a DAO using tokens.
Retail investors can engage with digital assets and stocks at an early stage through the DAO Pad, the project’s investment mechanism. It’s designed to attract smaller investors to support the crowdfunding of new protocols.
Beyond its investment platform, DAO Maker provides incubation for projects, rewards users through social mining, and offers advisory services along with strategies for running businesses.
The platform has successfully launched various projects, such as Orion Protocol, My Neighbor Alice, LaunchX, and DAFI Protocol. It also facilitated the launch of Seascape Network (CWS) and Infinity Pad (IPAD).
Who Are the Founders of DAO Maker?
DAO Maker was established in 2019 by Christoph Zaknun (CEO), Giorgio Marciano (CTO), and Hatu Sheikh (CMO). Currently, Malte Christensen (COO) manages operational activities.
Zaknun pursued medical studies at Charles University in the Czech Republic and worked as an assistant neurologist-traumatologist in a Salzburg hospital. He later served in the Austrian armed forces, part of the AFRDU, eventually achieving the rank of Sergeant in the Austrian Army for Atomic (biological and chemical defense). Additionally, Zaknun holds a bachelor’s degree in robotics.
In 2017, Zaknun shifted to the crypto sector and became an early investor in the Initial Coin Offering (ICO) field. By 2018, he co-founded TGE Alpha Corp and played a role in launching ICO DOG, a marketing agency focused on fundraising.
What Makes DAO Maker (DAO) Unique?
DAO Maker offers startups a secure and decentralized space to grow and realize their potential. It addresses common early-stage challenges, focusing on communications and public relations, which includes marketing services, SEO, and site development to help startups build a thriving community.
The DAO launchpad, known as "DAO Pad," is an active investment feature that lets users track the progress of incubated projects and gain access to exclusive investment opportunities.
The platform presents a distinctive funding solution called Strong Holder Offerings (SHOs), a lottery-based method where investors with proven credibility are prioritized for token allocations. Participation in SHOs allows users to assist crypto projects in raising necessary funds from the community.
Another prominent DAO Maker product is the Venture Bond. It allows investors to stake digital assets in exchange for a guaranteed return, thereby ensuring retail investors receive payouts and resolving significant funding issues.
Social mining is a standout feature of DAO Maker, enabling crypto projects to offer token-based incentives. This approach encourages community members to actively participate in the growth and enhancement of startups.
How Many DAO Maker (DAO) Coins Are There in Circulation?
DAO is the native token of the DAO Maker project. It is non-inflationary, with a cap of 312,000,000 coins and a circulating supply of 143,942,531 DAO as of March 2023.
The token distribution is structured as follows: 25% was allocated to private and public sales (0.4% of total supply for a public sale in 2021); 20% to the team; 5% to advisors and future team members; 10% to the DAO-Managed Foundation; 7% to foundation funds; 9% to ecosystem growth; 10% to incentives; and 14% for mergers and acquisitions (M&A) processes.
DAO serves as both a governance and utility token for the DAO Maker platform. It plays a crucial role by linking all platform products. The token grants holders voting rights, discounts on services, and access to various features.
Additionally, DAO encourages user participation in the community by offering rewards to those who contribute to the growth and development of DAO Maker. Users can earn DAO tokens by staking, providing liquidity, launching projects on the platform, and participating in governance activities.
How Is the DAO Maker Network Secured?
DAO Maker (DAO) is implemented as an ERC-20 token, meaning it operates and is protected by the Ethereum blockchain. Ethereum is secured through the Proof-of-Stake (PoS) consensus mechanism.
The security of DAO Maker has been verified by CertiK (Certified Kernel Tech), a leader in blockchain security for protocols, smart contracts, and DeFi projects, and by Hacken, a renowned Web 3.0 cybersecurity auditor that provides smart contract code reviews and security assessments.
Where Can You Buy DAO Maker (DAO)?
As of March 2023, DAO Maker (DAO) is available on numerous exchanges including KuCoin, Bithumb, Uniswap, PancakeSwap, SushiSwap, Bancor Network, OKX, Gate.io, Huobi, Bitget, Coinone, MEXC, Indodax, CoinDCX, LATOKEN, THENA, Bibox, BTSE, Bitay, BitUBU, XT.com, among others.
To track the live price of DAO Maker, consider downloading the CMC mobile app.
