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DAO Maker (DAO) Things You Need To Know Before Investing

What Is DAO Maker (DAO)?

A platform called DAO Maker intends to reimagine venture capital for the general public by giving scalable technologies and financial assistance to tokenized enterprises.

The initial idea for this venture capital fund emerged in that year. Since then, it has changed to provide low turnout structures, enabling numerous retail investors and private persons to participate in venture capital. The risks involved for both investors and entrepreneurs who receive funding through DAO Maker are greatly diminished.

The DAO Pad is a multi-investment platform that enables members of the DAO Maker community to stake DAO tokens into the Venture Yield, enabling them to take part in early public rounds of fundraising and rewarding the most devoted and active participants. Additionally, the Venture Yield offers its investors up to 22% APR paid back in $DAO.

Through social mining, DAO Maker energises the community and invites it to take part in the development and growth of the projects that are hosted on the platform. Startups can use token holders as leverage to become prosperous decentralised autonomous groups by using social mining (DAOs). By doing this, token holders’ economic production increases, free-ridership problems are solved, and flippers are converted into holders. Additionally, it provides several risk levels to satisfy a variety of risk appetites, thereby enlarging the audience.

Who Are the Founders of DAO Maker?

DAO Maker was founded by Hatu Sheikh and Christoph Zaknun. Later, Nicholas Pelecanos came to oversee the services for Market Making. Christoph had previously studied mechatronics before developing DAO Maker. At the time of the creation, he was a medical student, though. The team has more than 20 members right now.

The originator of the business is Christoph Zaknun, who serves as its CEO at the moment. He successfully ventured into the cryptocurrency industry and made investments in Bitcoin Cash before focusing his efforts on understanding and advancing blockchain technology. This resulted in the development of ICO Dog, a platform for pre-sale investment. He met Hatu Sheikh after experiencing initial success with the platform, and the two of them co-founded DAO Maker in 2018. Chris maintains the company’s cohesion in his role as CEO. He controls the risk profile of the business, allocates resources efficiently, projects growth that reflect the firm’s mission, and upholds appropriate communication.

In 2016, Hatu started working with a Long Island county to co-manage a $3.4 million budget. He was employed by the American University of Dubai in 2017. He started working in the blockchain industry in 2018. Hatu entered the blockchain market in January 2018 and at first promoted AmaZix clients before switching to promote Block72 clients. He started his own marketing company at the year’s end to work with late-stage startups, exchanges, and wallets. He joined the fundraising marketing firm ICO DOG in 2019. He and Christoph co-founded the blockchain accelerator DAO Maker in 2020. He joined a roster of DeFi and gaming advisors in 2021.

When Nicholas, the CFO of DAO Maker, was a university student in 2015, he founded QUTTIC, a group for students interested in trading and investing in cryptocurrencies. He expanded the club to become the biggest student trading club in Australia by the middle of 2017. In October 2017, Nicholas founded STIA, a cryptocurrency trading business that counsels HNW individuals and businesses on primary and secondary market transactions in response to demand from outside of universities. In 2019, STIA collaborated with the NEM ecosystem, where Nicholas and his team significantly raised the XEM token’s daily trading volume, assisted with the development of the XYM token, and oversaw the administration of a $1 billion treasury.

Nicholas accepted the CFO position at DAO Maker when it was given to him in the middle of 2021, drawn in by the company’s explosive development and inventive culture. As part of this role, Nicholas is now consulting on treasury and trading-related issues for a number of DAO Maker ecosystem projects.

What Makes DAO Maker Unique?

DAO Maker was created to help small-scale investors who want to increase their capital but cannot afford to take significant financial risks. The platform for companies, which has a total market capitalization of over $2 billion, raised over $29 million in funding.

Strong Holders Offering (SHOs), the basis for the DAO Maker token sale: Since late 2018, it has been cash-flow positive and self-funded, and it expects to generate $32M in revenue via technological product offerings, consulting services, incubations, and enterprise products by the end of 2021.

Particularly in the areas of crowdfunding, community development, and blockchain marketing, DAO Maker is regarded as a total solution. It includes all the helpful tools and modern technologies one may anticipate. The following are a few of the services.

Marketing: Customers who use DAO Maker’s services can benefit from a range of marketing options, including SEO, influencer marketing, guerrilla marketing, and paid promotions. The platform also works with the most influential Key Opinion Leaders to give its clients broad exposure.

Community: A project benefits from growing communities while simultaneously being protected from having its name harmed. DAO Maker provides essential services including regular, high-quality content creation, narrative development, instructional video production, community management, and more. These are intended to support the growth and community development of blockchain-based platforms.

The structure of tokens: Given the significance of tokenomics, DAO Maker has forayed into the arena to play a vital part in the project’s tokenomics. It offers a thorough token metre that takes into account the underlying token’s monetary and economic policies in addition to other aspects. Public SHOs: DAO Maker is the first launchpad to provide public SHOs, enabling users to most actively participate in early projects without owning any $DAO tokens. Anyone who has more over $2500 USD in his wallet across all EVM chains is eligible to take part.

About the DAO Maker token

The structure of tokens: Given the significance of tokenomics, DAO Maker has forayed into the arena to play a vital part in the project’s tokenomics. It offers a thorough token metre that takes into account the underlying token’s monetary and economic policies in addition to other aspects. Public SHOs: DAO Maker is the first launchpad to provide public SHOs, enabling users to most actively participate in early projects without owning any $DAO tokens. Anyone who has more over $2500 USD in his wallet across all EVM chains is eligible to take part.

Also Read: TerraUSD (UST) Things You Need To Know Before Investing

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Riya Kapoor

Riya Kapoor writes about lifestyle, entertainment, news and gadgets. She has been in this industry for almost 4 years now. She is a graduate from Delhi University with English Hons and had deep connection with writing since her childhood.

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