What is DAO Maker (DAO)?

Welcome to idopresales.com, one of the most visited sites in the field of presales. In this article, we have provided you with detailed information about a popular platform, DAO Maker. Here is everything you wonder about DAO Maker! If you are ready, start reading our article.

What is DAO Maker (DAO)?

DAO Maker (DAO) is a platform that enables retail investors 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 blockchain projects.

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 enable investors/startups to securely participate in Initial DEX Offering (IDO) events, while promising protocols can raise funds to further develop their products.

How does DAO Maker work?

So how does DAO Maker approach the problem? First, DAO Maker offers 4 tiers, or 4 options, for users and projects to select from. The 4 choices are provided based on their risk level, and can be listed as:

  • 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.

Now, let’s go deeper into each tier and explain how it works.

Venture Bond allows users to stake assets and receive an interest of 8-10%, which will be used to buy the bonds of startups.

How Venture Bonds work
How Venture Bonds work

As you can see, the investors do not directly buy the token with their funds, but with the interest they earn by deploying their funds. Although it can be indicated that they are actually using only 10% of their total funds and earn only 10% worth of that amount, the asset that they swap to may deliver a 100x or more.

This investment method is zero-risk, and after the token sale, users can always fully withdraw their funds.

The DYCO and SHO model, however, are somewhat similar in their work process.

DAO Maker Workflow
DAO Maker Workflow

By setting up a 3 round system, DAO Maker allows investors to refund their tokens if they are not satisfied with the project’s progress, whereas the project itself has enough time to prove its potential and product/market fit.

Last but not least, DAO Maker introduces the feature Standard Offerings. Simply put, in this model, DAO Maker will let the startups issue tokens freely, and the retail investors can directly buy them by following the projects’ rules. There is no protection from DAO Maker, and users have to be responsible for their own funds.

Who are the founders of the DAO Maker project?

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

What makes the DAO Maker project special?

DAO Maker was created to serve retail investors who want to invest promising project but cannot afford to risk a large portion of their money. DAO Maker is considered a complete solution, especially in crowdfunding, community building and blockchain marketing. It has all the supporting resources and technology that may be deemed necessary. Some of the services that DAO Maker offers are:

  • Marketing: DAO Maker provides a variety of marketing services to its clients. These services include SEO, influencer marketing, guerrilla marketing and paid advertising.
  • Community: Projects grow with strong communities. Strong communities are also always protective against the risk of damaging the reputation of projects. DAO Maker provides vital services such as consistent and high quality content, story creation, explainer videos, community management. The purpose of these services is to assist blockchain-based systems in the development and expansion of their communities.
  • Token architecture: DAO Maker provides a comprehensive token metric that addresses the economic and monetary policy of the underlying token.
DAO Token Use Cases

How to get DAO token?

You can buy DAO at multiple CEXs and DEXs. Check out the DAO MAKER website here.

Is DAO Maker (DAO) a good investment?

I hope you understood what DAO Maker is and how DAO Maker works with the information mentioned above. This article was created to give you a deep insight into the project. Therefore, there is no financial advice (DYOR). You should do Your Own Research and be responsible for your own funds before making any investments.

As a launchpad, the number of projects in the DeFI space successfully launched on it and their return on investment are key factors for evaluating DAO Maker. Here is the IDO list in DAO Maker.

List of IDOs on DAO Maker
List of IDOs on DAO Maker

How to participate in DAO Maker IDO 

In order to take part in IDO on DAO Maker, you need to do a few specific things.

Step 1 — Registration

First, you need to register on the project website. To complete this, click on the Register button on the home page and a registration form will open. You can register with an email address as well as with a Google or Twitter account.

If you are registered with an email address, you will follow the link sent to your email to confirm your registration to complete the registration.

Step 2 — Identity confirmation

The next step is to confirm the identity of the registered user. This is a critical step, as it is not possible to participate in IDO without going through the KYC procedure. 

After you have registered and logged in to the DAO Maker website under your account, the banner asking you to verify your identity will be displayed on the homepage. To go through this procedure you will need to provide your date of birth and country of origin, and you will also have to provide:

  • A copy of a document proving your identity. It can be a driving licence or passport. Passport is recommended;
  • A selfie, which can be taken with a laptop or computer webcam;
  • Confirm your residential address. This can be done, for example, by providing a copy of the rent bill.

Step 3 — Connecting the crypto wallet

Next, you need to connect a crypto wallet to the DAO Maker website. We recommend using a web wallet such as MetaMask. You can read a detailed review of this wallet on our website.

To connect the crypto wallet, click the Connect Wallet button in the upper-right corner of the website. Connection is made in just a few clicks. Once the wallet is connected, your crypto wallet number will be shown instead of Connect Wallet.

Step 4 — Buy DAO tokens

After connecting the cryptocurrency wallet to the website, you need to buy the amount of DAO tokens required to participate in IDO. The amount must be at least 2,000 DAOs. You can buy tokens from the exchanges listed on this page.

To join offerings, users need to stake a minimum of 250 DAO tokens. Here are the tiers:

  • Tier 0: 250 – 1,999 DAO
  • Tier 1: 2,000 – 3,999 DAO, 5% bonus
  • Tier 2: 4,000 – 9,999 DAO, 10% bonus
  • Tier 3: 10,000 – 24,999 DAO, 15% bonus
  • Tier 4: 25,000 – 49,999 DAO, 20% bonus 
  • Tier 5: 50,000 – 99,999 DAO, 25% bonus 
  • Tier 6: 100,000 – 200,000 DAO, 30% bonus

The DAO Power is calculated as follows:

Example Tier 1: A user holds 2650 DAO, therefore his power will be 2650 * 1.05 =2,782.5 DAO Power

Example Tier 3: A user holds 15,460 DAO, therefore his power will be 15,460 * 1.15 = 17,779 DAO Power

Step 5 — Participation in SHO

Once DAO tokens are purchased, you can start participating in IDO. Recall that in DAO Maker terminology this process is called SHO. To join the SHO, the user must deposit DAO tokens into the DAO Vault. This can be done on a special page on the site. However, before you decide to invest your money to join the SHO, you can pre-calculate the income you will receive. The developers of DAO Maker have made a separate tool for this called Venture Yield Simulator.

We have provided you with detailed information about depositing coins in the DAO Vault and participating in the SHO.

DAO Maker (DAO) Frequently Asked Questions

On which blockchain network was the DAO token created?

The DAO token is an ERC-20 token created on the Ethereum blockchain.

What does the DAO token do?

The DAO token offers its holders the ability to participate in governance in the DAO Maker ecosystem, receive a share of the prize pool and access premium opportunities.

Are there any known projects that have sold tokens with DAO Maker?

Yes. Well-known projects that have sold and funded tokens with DAO Maker include My Neighbor Alice (ALICE), Orion Protocol (ORN), Seascape Network (CWS), and Infinity Pad (IPAD).

In this article, we have compiled information about DAO MAKER for you. If you like our article, don’t forget to share and comment!

NOTICE: The technical information, analysis and information given above are not investment advice. Cryptocurrency investments involve a very high risk. People who will invest or plan to do so should do their own research.


Leave a Reply