What Is DAO Maker (DAO)?

DAO Maker is a platform for lenders to fund start-ups and projects during their (start-up’s) initial stages. DAO Maker acts as a launchpad working as an intermediary between lenders and developers during fundraising. 

DAO Maker aims to make such funding easy and safe for lenders to participate in the IDO safely while the developers can raise funds and develop their products without any glitch.An initial DEX offering (IDO) is a method of acquiring funds by pooling investment capital from ordinary traders. DAO Maker does so by seeking to offer four tiers based on different risk levels to the developers and the lenders.

• Refundable Strong Hold Offerings (rSHO): rSHO is designed to actively provide awareness for the company and instill confidence among lenders via the refund policy. The non-refunded capital is rewarded to the active DAO token holders for supporting the start-ups. 

• Dynamic Coin Offering: This service allows users to refund their tokens within 16 months if they are not satisfied with the project's performance. According to the whitepaper, if the project achieves success, the non-refunded amount is used to reward the ecosystem and added to the DAO stakers' distribution pool. 

• Venture Bonds: Venture Bonds allow users to stake crypto assets and receive yields between 8%–10% that can be used to buy bonds of start-ups/tokens. The lenders do not acquire the tokens directly; instead, they obtain them with the amount of yield earned from funding the project. After trading the token, users can entirely withdraw their funds from the project, thus aiming to make it a zero-risk investment method. 

• Standard Offerings: Here, DAO Maker lets start-ups issue their tokens and allows users to acquire the tokens directly from the start-up by following the rules of the project/token. DAO Maker does not protect the funding. Instead, users are responsible for their funds. 

DAO is the native ERC-20 token of the DAO Maker ecosystem, which is used on the platform mainly for governance and utility. DAO token is the main element of the ecosystem that links all the platform's products. 

The holders can stake DAO tokens to exercise their voting rights, and the token can be used to receive a portion of the platform fee from the reward pool. Additionally, the holders can stake the token to receive allocation and cashback priority and reduce the token supply in some events. 

History of DAO Maker

The DAO Maker teams include members Christoph Zaknun (CEO), Giorgio Marciano (CTO), Malte Christensen (COO), and Hatu Sheikh (CMO). The maximum total supply of DAO tokens is 309,448,800 coins.