About DAO Maker
What Is DAO Maker (DAO)?
DAO Maker (DAO) is an incubator that provides growth technology and SaaS solutions for crypto startups. The goal of this project is to help startups secure venture capital funding by making it simpler for investors to locate projects in which they can securely invest via IDOs.
DAO Maker works by helping new projects build their communities and then converting these communities into value-adding members of a DAO using tokens.
Retail investors can invest in digital assets and stocks at an early stage through the platform’s investment system, DAO Pad. It’s designed to help crowdfund young protocols by appealing to small-scale investors.
In addition to this investment system, the company also incubates new projects, gives users social mining rewards, and offers advisory services and advice on how to run their companies.
Several successful projects have been launched through DAO Maker, including Orion Protocol, My Neighbor Alice, LaunchX, and DAFI Protocol. The platform also helped launch Seascape Network (CWS) and Infinity Pad (IPAD).
Who Are the Founders of DAO Maker?
DAO Maker was founded by Christoph Zaknun (CEO), Giorgio Marciano (CTO), and Hatu Sheikh (CMO) in 2019. Today, Malte Christensen (COO) helps run operations.
Zaknun studied medicine at Charles University in the Czech Republic, and worked as an assistant neurologist-traumatologist in a hospital in Salzburg. He later joined the Austrian armed forces as part of the AFRDU, rising to the rank of Sergeant in the Austrian Army for Atomic (biological and chemical defense). Zaknun also has a bachelor's degree in robotics.
Zaknun moved into crypto in 2017 and became one of the earliest investors in the Initial Coin Offering (ICO) space. In 2018, he co-founded TGE Alpha Corp and helped set up ICO DOG, a fundraising marketing agency.
What Makes DAO Maker (DAO) Unique?
DAO Maker provides startups with a secure and decentralized environment where they can grow and discover their potential. The platform helps companies solve issues that frequently arise in the early days, but its primary focus is on communications and public relations. This includes marketing services, SEO and site building, and other services that help the startups build a vibrant community.
The DAO launchpad, or "DAO Pad," is a dynamic investment feature where users can monitor the progress of incubated projects as they grow and access exclusive investment opportunities.
DAO Maker offers a unique funding solution called Strong Holder Offerings, or SHOs - a lottery-based funding system in which investors with experience and credibility are given priority in token allocation. By participating in SHOs, users help crypto projects raise the funds they need from the community.
Venture Bond is another one of DAO Maker's best-known products. Investors stake their digital assets and get a guaranteed return on their investments. In a way, it makes sure that retail investors get paid and thereby gets rid of some of the biggest funding problems.
Social mining is one of DAO Maker’s notable features. The software lets crypto projects offer incentives in the form of tokens, which encourages community members to help startups grow and improve.
How Many DAO Maker (DAO) Coins Are There in Circulation?
DAO is the project’s native token. It’s non-inflationary and has a maximum supply of 312,000,000 coins with a circulating volume of 143,942,531 DAO, as of March 2023.
The allocation of tokens is as follows: 25% to private and public sales (0.4% of total supply to a 2021 public sale); 20% to the team; 5% to advisors and future team members; 10% to DAO-Managed Foundation; 7% to Foundation funds. 9% to ecosystem growth; 10% to incentives; 14% to merger and acquisition (M&A) processes.
DAO is the governance and utility token for DAO Maker. It is a key part of the platform that connects all of its products. The token provides its holders with the right to vote as well as discounts on services and open access to numerous features.
DAO also incentivizes users to participate in the community by rewarding those who help DAO Maker grow and develop. Users can get DAO tokens as rewards for staking, providing liquidity, launching projects on the platform, and taking part in governance activities.
How Is the DAO Maker network Secured?
DAO Maker (DAO) is deployed as an ERC-20 standard token, meaning that it runs on and is secured by the Ethereum blockchain. Ethereum is, in turn, secured by the Proof-of-Stake (PoS) consensus mechanism.
DAO Maker has been audited by CertiK (Certified Kernel Tech), a pioneer in blockchain security for protocols, smart contracts, and DeFi projects; and Hacken, a reputable Web 3.0 cybersecurity auditor that provides a smart contract code review and security analysis.
Where Can You Buy DAO Maker (DAO)?
As of March 2023, DAO Maker (DAO) is supported on multiple 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 and more.
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Related Pages:
Read about Polkastarter (POLS).
Read about Tether (USDT) and Maker (MKR).
What are decentralized autonomous organizations (DAO)? Find out with the CMC glossary.
Learn more about an Initial Coin Offering (ICO) on CMC Alexandria.
What is DAO Maker and how does it work? Take a deep dive with our educational portal.
