Buy DAO Maker (DAO)
What is DAO Maker?
DAO Maker is a blockchain-enabled platform designed to create growth technologies and funding infrastructures for emerging projects, while also aiming to reduce the risks faced by investors. It functions as a decentralized venture capital firm, providing a launchpad for blockchain and crypto projects to raise funds and gain exposure.
How does DAO Maker work?
DAO Maker operates on multiple blockchains, including Ethereum and Binance Smart Chain, leveraging smart contracts to automate processes such as token sales, staking, and governance. It does not have a unique consensus mechanism but relies on the underlying blockchains' mechanisms. The platform uses smart contracts for decentralized and autonomous management, allowing startups to issue bonds and investors to participate in token pre-sales. Key features include structured financial products like Venture Bonds and tools for social mining.
What are the potential use cases for DAO Maker?
DAO Maker serves as an incubator for early-stage crypto startups by providing essential tools and services. It enables startups to secure funding through mechanisms like Strong Holder Offerings (SHOs) and Venture Bonds. Investors gain early access to investment opportunities via the DAO Pad. Additionally, the platform supports community development through social mining, and engages in DeFi activities like lending, borrowing, and yield farming. It acts as a project launchpad, and has supported projects such as My Neighbor Alice and Orion Protocol.
What is the history of DAO Maker?
Founded in 2019 by Christoph Zaknun and Giorgio Marciano, DAO Maker was developed with the aim of democratizing venture capital and providing growth technologies to promising crypto startups. Since its inception, the platform has launched the DAO Pad, initiated projects like My Neighbor Alice, and introduced features such as social mining. Operated on Ethereum and Binance Smart Chain, DAO Maker has grown significantly in market presence, offering innovative solutions for crowdfunding, and expanding its services to include incubation and advisory support for startups.
Related Assets
Resources
Learn More About DAO Maker
Frequently Asked Questions (FAQs)
What is the current price of DAO Maker (DAO)?
The DAO Maker price is $0.56585305 AUD, representing a -2.8% from the day prior.
Where is the best place to buy DAO Maker (DAO) in Australia?
The best place to buy DAO Maker (DAO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell DAO Maker (DAO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of DAO Maker (DAO)?
The trading volume of DAO Maker (DAO) is $4.5M AUD in the last 24hrs, representing a -2.8% from the day prior.
How can I buy DAO Maker (DAO)?
DAO Maker (DAO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of DAO Maker (DAO)?
The current market cap of DAO Maker (DAO) is $140.6M AUD.
Can I convert DAO Maker (DAO) to cash?
Yes - With Coinstash you can convert your DAO Maker (DAO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many DAO Maker (DAO) are there?
The current circulating supply of DAO Maker (DAO) is 250.9M.
Is Coinstash a safe place to buy DAO Maker (DAO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling DAO Maker (DAO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.