DAO Maker is a platform that facilitates the growth of the entire cryptocurrency ecosystem through its provision of SaaS solutions for both nascent and growing startups in the cryptocurrency space. The main product of the system is the DAO pad, which is essentially an investment platform that exists on multiple levels allowing holders of the DAO token to partake in the early stages of token sales held on upcoming projects that have been previously vetted on multiple levels.
In its quest to stand as a stable solution provider, the system has launched a few blockchain platforms which are currently doing major numbers on their own. Some of these include Seascape Network (CWS), Infinity Pad (IPAD), Orion Protocol (ORN), and My Neighbor Alice (ALICE). The system also has several of its other provisions hosted on its website.
Apart from its flagship DAO pad product, the network is also in the business of providing a range of additional services to most of the available blockchain-based projects. These services can cut across operation and advisory, incubation, as well as its newly developed product, social mining. The cryptocurrency products hosted on the network can also use the social mining protocol to reward community members with their native token who have added value to the network on a broad scale. This help could be in any form, either by helping raise awareness or through the incentivized participation, growth in the number of holders, or an increase in the available liquidity.
Who are the Founders of DAO Maker (DAO)?
The DAO Marker network was founded by the joint efforts of a group of blockchain-based professionals named Christoph Zaknun and Giorgio Marciano.
Zaknun is not only respected in the world of blockchain technology but he is also referenced in the medical line. He holds a bachelor’s degree from the Fachhochschule Technikum Wien, later he moved on to obtain a Doctor’s degree in medicine from Charles University. Upon completion of his education, he landed a job as an Assistant Neurological Head trauma in Children at the SALK-LKH, -CDK, -St.Veit &PMU, University (General) Hospital Salzburg. He then moved on to co-found the TGE Alpha Corp & DAO MAKER respectively.
Giorgio Marciano on the other hand is more centered in the tech world and holds a degree in computer science from Liceo Scientifico and then advanced to Pisa University where he obtained an advanced degree in information and communication technology. After his education, he worked as an analyst programmer at Trendiweb srl, then a Solutions Architect at ItalyHouse before he went on to co-found Nserta, BioFarm. He currently serves as the CTO at the DAO Maker network.
What is DAO Maker (DAO) used for?
The DAO Maker network is a crypto-based platform that provides its users with a series of growth solutions to the major crypto-based projects in the ecosystem by keeping them away from the struggles associated with tassels of the cut-throat competition and creating a cryptocurrency revolution in the real-time market prices. The platform creates an environment where the value of crypto assets can be tracked in real-time, as well as cut-throat competitions. The platform gives rise to several technological solutions that empower SaaS solutions for blooming crypto start-ups and it has one flagship product known as DAO pad. On its DAO front, the pad used is a multi-dynamic investment solution that allows holders of DAO assets to partake in all the stages of token sale in upcoming cryptocurrency projects. It also creates a front that empowers individuals interested in Bitcoin trading.
What Is the Unique Point of DAO Maker (DAO)?
While the Maker DAO platform has several flagship products in operation currently, the network is also working on a series of venture bonds to help users purchase bonds for growing startups. The features of these bonds are some of the most distinctive qualities of the network that set it apart from all the other platforms. These features can be explained
- The interest generated through the centralized method now begins serving the funding for startups and the startup has to deposit equity or token to the Bondholders while when the bond is matured it will be left with initial funding and the principal sum is returned to the owners
- Users can purchase bonds after paying a principal money
- Startups will then use the principal sum generated by the bond to have a generated interest through insurance margin.
How many DAO Maker (DAO) coins are in circulation?
The DAO marker platform is powered by the DAO Token which is its native cryptocurrency. Besides powering the network, Token is also used to partake in Token sales on the platform. While at this, it can also be staked to earn yield through one of the DAO Maker vaults. According to the founding team, the Token will also serve the community as its dedicated governance Token in the future.
The DAO Maker Token has its maximum supply pegged at 312,000,000 DAO coins. Of that amount, the system has a circulating supply of 63,125,122 DAO coins. The platform’s tokens also hold value and can be exchanged with other token pairs such as SOL and XLM
Is the DAO Maker (DAO) Network secured?
The DAO Maker platform was developed under the ERC-20 specifications and as such, it is under the same security protocol as the Ethereum blockchain as a whole.
The nodes on the network are required to protect it from malicious activities through its dedicated proof of stake consensus algorithm. The system follows a process where nodes are required to validate transactions before they are added to the blockchain and also, the nodes with the highest stakes have the most say on the platform thus making sure that it’s safe because their tokens are tied to its safety.
How do I buy DAO Maker (DAO)?
The DAO Maker platform provides an avenue for the speedy growth of several cryptocurrency projects in its sphere. While at it, the platform also allows its users to make earning from their crypto assets in DAO form. As such, more people have gravitated towards the network and made its use more mainstream. The tokens can be purchased by the following steps
- Interested parties are required to create an account with the crypto trading platform. ,
- Then, they are required to transfer a specific amount of fiat money to the crypto account
- After they will have to wait till the transaction has been approved, they can now buy their DAO tokens.
Which Cryptocurrency Wallet Supports DAO Maker (DAO)?
The PTPWallet platform supports many cryptocurrencies simultaneously such as DAO Maker (DAO). Because of its vast use case, it has grown to become one of the most used platforms as it serves as an exchange and an engine to discover other cryptocurrencies. Additionally, users can easily use PTPWallet as their DAO wallet because it offers a simple and interactive interface making it easy for people to navigate its system.