What is DAO Maker?

DAO Maker (DAO) is a platform that aims to provide growth technology and SaaS solutions for crypto startups. It seeks to simplify the process for startups to secure venture capital by making it easier for participants to find projects in which they can engage via Initial DEX Offerings (IDOs). DAO Maker's primary function is to assist new projects in building their communities and then transforming these communities into value-adding members of a Decentralized Autonomous Organization (DAO) using tokens. The platform's system, DAO Pad, allows retail users to participate in digital assets and stocks at an early stage, aiming to crowdfund young protocols by attracting small-scale participants.

How does DAO Maker work?

DAO Maker operates by offering a range of services to crypto startups. It incubates new projects, provides users with social mining rewards, and offers advisory services and advice on how to run their companies. The platform's unique feature, DAO Pad, is a dynamic tool where users can monitor the progress of incubated projects as they grow and access exclusive opportunities. DAO Maker also offers a unique solution called Strong Holder Offerings (SHOs), a lottery-based system where experienced and credible participants are given priority in token allocation. Another notable feature is social mining, where crypto projects can offer incentives in the form of tokens, encouraging community members to help startups grow and improve.

What are the potential use cases for DAO Maker?

DAO Maker's potential use cases are primarily centered around supporting crypto startups. The platform aims to help these startups solve common early-stage issues, with a particular focus on communications and public relations. This includes marketing services, SEO and site building, and other services that help startups build a vibrant community. DAO Maker's DAO Pad allows users to monitor the progress of incubated projects and access exclusive opportunities. The platform's Strong Holder Offerings (SHOs) and Venture Bond products provide unique solutions for startups, while its social mining feature incentivizes community members to contribute to the growth and improvement of these startups.

What is the history of DAO Maker?

DAO Maker was founded in 2019 by Christoph Zaknun, Giorgio Marciano, and Hatu Sheikh, with Malte Christensen joining later as COO. Zaknun, who studied medicine and has a bachelor's degree in robotics, moved into the crypto space in 2017 and became one of the early participants in the Initial Coin Offering (ICO) space. He co-founded TGE Alpha Corp in 2018 and helped set up ICO DOG, a marketing agency. DAO Maker has launched several successful projects, including Orion Protocol, My Neighbor Alice, LaunchX, and DAFI Protocol. The platform's native token, DAO, is 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.