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What Is DAO Maker?
DAO Maker is a leading solution provider dedicated to nurturing and launching blockchain projects. It operates as a launchpad, a platform designed to raise funds from retail investors for early-stage crypto projects.
By participating in these early-stage launches, investors gain privileged access to groundbreaking product features and innovations. With an impressive track record, DAO Maker has successfully launched approximately eighty projects, delivering a remarkable all-time high return on investment (ATH ROI) of nearly 3,700%.
Is DAO Maker the Right Choice?
DAO Maker offers an attractive platform for both investors and blockchain project creators to engage in pre-sales. The user interface is intuitive, the registration process is simple, and DAO tokens are readily available on leading cryptocurrency exchanges.
With its impressive track record and recognition as one of the most profitable platforms according to Cryptorank.io, DAO Maker is definitely worth considering. Taking all of these factors into account, choosing DAO Maker can be a smart decision.
Breaking News: DAO Maker Scams
You can learn more about how DAO Maker tricked his subscribers in this article
How Does DAO Maker Work?
Statistics and Performance
The amount of DAO Power that the user has allocated to the project will be locked until the winners of the token sale are announced. If 2000 DAO Power was allocated and the user was the winner, their DAO Power of the same amount will be deducted and restored after 15 days.
If the user did not win the allocation in the SHO, DAO Power will be returned to him upon completion of the tokenseal, and he can use DAO Power in the future for the next SHO.
According to statistics cited by cryptorank.io, DAO Maker ranks first among similar platforms. So far, DAO Maker has raised $24.16 million in investment, with an average ROI of 47.32x.
This demonstrates the confidence with which early-stage blockchain ventures are launching their tokens on DAO Maker, and the potential for high returns for retail investors participating in SHO.
The results of recent IDO held at DAO Maker are shown in the following table.
My Neighbor Alice [ALICE]
Orion Protocol [ORN]
Victoria VR [VR]
What do you need to participate in IDO on DAO Maker?
DAO Maker Tiers
Depending on the amount bet on DAO, users are placed into one of 5 tiers. The recommended requirements for DAO Maker tiers are currently as follows:
To get whitelisted for an IDO on DAO Maker, users need to follow the Tiers Rules, which are based on the amount of DAO Power allocated. The higher the tranche, the better the chance of receiving a guaranteed allocation and winning the lottery. The chance of winning varies as follows:
- Tranche 0: 1x chance.
- Tranche 1: 5x chance.
- Tranche 2: 10x chance.
- Tranche 3: 25x chance.
- Tranche 4: 65x chance.
- Tranche 5: 130x chance.
Users with higher tranches will have higher priority compared to others. The top 10 users with the highest priority are guaranteed a place on the whitelist, providing them with the opportunity to participate in the IDO.
How to participate in DAO Maker IDO
In order to take part in IDO on DAO Maker, you need to do a few specific things.
Step 1 — Registration
First, you need to register on the project website. To complete this, click on the Register button on the home page and a registration form will open. You can register with an email address as well as with a Google or Twitter account.
If you are registered with an email address, you will follow the link sent to your email to confirm your registration to complete the registration.
Step 2 — Identity confirmation
Step 3 — Connecting the crypto wallet
Next, you need to connect a crypto wallet to the DAO Maker website. We recommend using a web wallet such as MetaMask. You can read a detailed review of this wallet on our website.
To connect the crypto wallet, click the Connect Wallet button in the upper-right corner of the website. Connection is made in just a few clicks. Once the wallet is connected, your crypto wallet number will be shown instead of Connect Wallet.
Step 4 — Buy DAO tokens
After connecting the cryptocurrency wallet to the website, you need to buy the amount of DAO tokens required to participate in IDO. The amount must be at least 2,000 DAOs. You can buy tokens from the exchanges listed on this page.
Step 5 — Participation in SHO
To participate in the SHO (Strategic Holders Offering) on DAO Maker, users need to deposit their DAO tokens into the DAO Vault. This can be done through a dedicated page on the website. Before depositing funds, users can use the Venture Yield Simulator, a tool provided by DAO Maker, to calculate the potential income they may receive.
For detailed instructions on how to deposit tokens into the DAO Vault and participate in the SHO, please refer to the video below:
DAO Maker Team
The DAO Maker is made up of IT specialists from all over the world. They are employees with many years of experience in large projects. Here are some of them:
DAO Maker takes its activities seriously, as evidenced by the detailed documentation of the project. It can be found at this link.
The information contained in this article is for information purposes only. It should not be construed as financial advice. Investing in cryptocurrency involves a significant risk of loss, and we advise you to consult a financial advisor if you decide to invest in cryptocurrency. Remember that all investments are made at your own risk.
Is DAO Maker available in the UK?
DAO Maker is not a scam, the site is legal and available in the UK.
Is DAO Maker Safe?
In August 2021, the platform was hacked, causing $7 million in damage to users. The vulnerability that led to the hacking of deposit accounts has now been closed. DAO Maker compensated users for their losses. Since that incident, the security of the platform has increased and there have been no hacks.
How do I participate in DAO Maker?
To participate in IDO on DAO Maker, you first need to register on the project website and complete identity verification. Then you must purchase enough DAO tokens to participate in the IDO, but not less than 2,000 tokens. Directly to participate in the selected IDO, DAO tokens have to be placed in the DAO Vault.
Thanks to an excellent team of developers, DAO Maker is considered one of the leading platforms of its kind for good reason. It's a user-friendly, well-made product that does its job brilliantly. This is confirmed by the high results of the projects that have started on DAO Maker.
Navigating the Risks: A Crypto Trading Disclaimer
Trading in cryptocurrencies involves significant risks and may not be suitable for all investors. The cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Investors should carefully consider their financial situation, risk tolerance, and investment goals before trading. It's essential to conduct thorough research and seek professional advice before making any investment decisions.
Read our advice to avoid losing money in financial markets. Protect your investments today.