A Complete Guide to DAO Maker's Launchpad Platform

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DAO Maker is a comprehensive solution for both investors and cryptocurrency developers. This guide will explain what the project is and provide a step-by-step walkthrough on how to use its launchpad platform.

What Is DAO Maker?

DAO Maker is a suite of products designed to empower investors to participate in trending and upcoming cryptocurrency projects. Its most popular offering is the launchpad platform, where potential investors can browse upcoming projects and use DAO tokens to invest. The platform has already facilitated the launch of several highly successful and notable projects, including Orion Protocol (ORN), Infinity Pad (IPAD), Seascape Network (CWS), My Neighbor Alice (ALICE), LaunchX (LNCHX), and many others.

The platform has launched over 126 startups and raised $51 million in fees, amassing 310,000 verified users. Clearly, cryptocurrency users trust DAO Maker, which was founded by Christoph Zaknun and Giorgio Marciano. Zaknun was an early investor in ICOs, and Marciano is an experienced IT engineer with over 13 years in the field.

What Does DAO Maker Aim to Achieve?

Numerous blockchain projects launch every day, and while this is great for the sector, it makes choosing which ones to support increasingly difficult. Many social media influencers, from Twitter to Reddit, promote various projects, which can make the selection process even more confusing. In fact, this is how many investors have lost money due to misinformation and FOMO without conducting proper research, sometimes even falling victim to scams.

DAO Maker helps individual investors gain access to new crypto projects efficiently and relatively safely. The platform typically incubates new cryptocurrency projects, providing developers with the tools, services, and advice needed to achieve their goals. Additionally, the DAO Maker team will vet and test any developer project before it is listed on the launchpad platform.

The goal is to ensure that all crypto projects are safe for investors. DAO Maker takes on the task of guaranteeing investor security while also providing additional opportunities to maximize financial returns.

How Does DAO Maker Work?

DAO tokens can be considered the lifeblood of the DAO Maker ecosystem, as they are used to perform all functions on the platform. You need DAO to participate in SHO, SEED sales, and DYCO on the launchpad platform. Your DAO is then locked for a specific period, starting at 30 days. You receive DAO Power equivalent to each DAO token.

If you find a suitable project to invest in, you allocate your DAO Power to it. This enters you into a lottery where you have a better chance of winning and investing in the project. Allocating more DAO Power can also earn you an allocation bonus, allowing you to receive more tokens depending on the amount. For example:

Bidding on available projects is the primary way to invest through DAO Maker, but there are other ways to earn on the platform. Staking DAO tokens is another investment method, as you can earn up to 15% APY the longer you keep your tokens locked. The average lock-up period on the platform is 738 days, indicating a high level of user trust. You can stake DAO for as little as 30 days, though the yield will not be as high.

To build user trust, DAO Maker has also created several innovative products, such as venture bonds and social investing. Venture bonds allow investors to fund startup projects and receive a yield upon the bond's maturity with very low risk. Social investing is designed to incentivize users and holders to promote projects on social media and receive rewards through airdrops.

Key Features of DAO Maker

What makes DAO Maker interesting is that it combines numerous features on a single platform. This allows users to find everything they need in one place. Some of these key features are detailed below.

The DAO Launchpad Platform

The launchpad platform is where retail investors discover new blockchain projects and can make investment decisions. It lists cutting-edge projects that have not yet been publicized, allowing you to become an early investor and potentially increase your returns. Several successful projects have already been launched, as DAO Maker vets each project before listing to ensure it is a viable investment.

Public SHO

This service allows anyone holding over $500 worth of cryptocurrency to invest in crypto startups. You simply connect your wallet to the DAO Maker platform to prove cryptocurrency ownership. You can then participate in bidding for project listings. When you win a token allocation for a project, you use your cryptocurrency to invest in it.

Private SHO

This is strictly for those who have staked a minimum of 250 DAO. It grants you special access to private offerings that have been vetted by the DAO Maker creator team or incubated by the platform during development. Private SHOs guarantee fixed profits for participants. This makes them a good long-term investment and explains why so many people lock their DAO for extended periods.

Community Launchpad Platform

Here, anyone with a crypto wallet can vote for projects to be listed on the main launchpad platform. The higher your wallet balance, the stronger your vote, and the more likely a project is to be listed. You can then receive free tokens from projects looking to conduct a SHO.

How to Participate?

The process is very straightforward and involves a few steps, provided you have a non-custodial wallet. The DAO Maker launchpad platform supports various wallets, including:

Among these, MetaMask is one of the most popular and easy to use, as it can be installed on many browsers, including Chrome, Edge, Firefox, Opera, and Brave. Additionally, MetaMask allows you to buy cryptocurrency directly with fiat via a bank card, making it simple to acquire crypto for investing on the launchpad platform.

Step 1: Create Your MetaMask Wallet

If you don't already have a MetaMask wallet, you can quickly create one using a browser extension. If you already have one, you can easily connect it to DAO Maker and use the in-browser MetaMask to fund your investments on the launchpad.

Step 2: Connect Your Wallet to DAO Maker

Once your MetaMask wallet is ready, go to the DAO Maker website and select 'Connect Wallet,' then follow the prompts.

Step 3: Create a DAO Maker Account

You also need to create an account on DAO Maker and then complete KYC verification by uploading images of your identification document(s), such as a passport, national ID, or driver's license.

Step 4: Go to the Launchpad Platform

In your DAO Maker account, select 'Launchpad' at the top of the main page to view all active and previous projects. You can also filter results to find the project(s) you are most interested in investing in and view detailed information about them to help you make a quicker decision.

Step 5: Buy DAO

If you don't already hold DAO but own other forms of cryptocurrency, you can exchange them for DAO at the current market value on the DAO Maker site. The tokens will be instantly credited to your account and can be used immediately in public SHOs.

Step 6: Stake Your DAO Tokens

However, to participate in private SHOs, you must stake a minimum of 250 DAO for at least 30 days. This will give you equivalent DAO Power, which can be used to invest in projects. You can also earn yields of up to 15% for holding DAO for longer periods.

The DAO Maker Roadmap

Since its launch, DAO Maker has achieved many milestones on its roadmap, including:

The platform also continuously implements new features to provide everything a retail investor might need, so this is certainly not the last we have seen from DAO Maker.

DAO Tokenomics

DAO are ERC-20 tokens, meaning they can be stored in any Ethereum wallet. The total supply of DAO at launch was 312 million tokens, distributed as follows:

The initial token sale was conducted via Gate.io with a goal to raise $300,000. This goal was significantly exceeded, as DAO Maker ultimately raised over $7.6 million.

Is DAO a Good Investment?

It is always important to conduct your own analysis before deciding if any investment is sound. This article has shown you what DAO Maker is and how you can use it. The platform has served as the launchpad for many successful projects like Orion Protocol and My Neighbor Alice. It continues to incubate many more potentially high-growth projects.

DAO itself could be a good investment, as it ranks 144th on CoinMarketCap with a market capitalization of over $200 million. To make DAO even more valuable, tokens are periodically burned. 13.2% of the total supply has already been burned to maintain deflationary pressure. You can buy DAO on several major exchanges like Bithumb, Gate.io, KuCoin, and OKX, or through DEXs like Uniswap and PancakeSwap. 👉 Explore more investment strategies

Frequently Asked Questions

What Makes DAO Maker Unique?

DAO Maker offers a multitude of services on a single platform, such as public and private SHOs, venture bonds, staking, farming, mining, and more. Its native token, DAO, is also highly valuable and offers some of the highest yield rates, making it an investment in its own right.

How Is DAO Maker Different from Polkastarter?

Both projects have served as launchpads for some very successful blockchain startups. However, DAO Maker has launched 56 IDOs, while Polkastarter has launched 72. The average all-time high (ATH) ROI for projects on DAO Maker is 3,692%, compared to 4,032% on Polkastarter.

How Are Infinity Pad and DAO Maker Related?

Infinity Pad (IPAD) was the first launchpad platform created with the help of DAO Maker and one of its most successful launches. It is now one of many white-label platforms. Many others will be launched on the site to provide developers with creative opportunities.

What Is DAO Power Used For?

DAO Power is a metric earned by staking DAO tokens. It determines your allocation weight in Public and Private Strong Holder Offerings (SHOs). The more DAO Power you have, the higher your chances of receiving a token allocation and the larger your potential allocation bonus can be.

Which Wallets Are Compatible with DAO Maker?

The DAO Maker platform supports a wide range of non-custodial Web3 wallets, including MetaMask, Trust Wallet, Coinbase Wallet, Block Wallet, BitKeep, Coin98, and Rabby. This allows for flexible and secure connectivity for users.

What Are the Risks of Participating in a SHO?

While DAO Maker vets projects, all investments in early-stage startups carry inherent risks, including the potential for total loss. Market volatility, project failure, and regulatory changes are all factors to consider. Always invest only what you can afford to lose and conduct thorough independent research.