DAO Maker

Halal Rating :
Comfortable
Contract: 0x0f51bb10119727a7e5ea3538074fb341f56b09ad
Last Price $0.15 Last updated:
Rank 723
1D Change 3.44 %
Market Cap $29.61m
Circulating supply 197,144,624
Maximum supply None

Crypto Overview

Categories
  • DeFi
  • Ethereum Ecosystem
  • Governance
  • Launchpad
  • Solana Ecosystem
  • DAO Maker
  • VBC Ventures Portfolio
  • Injective Ecosystem

Project Overview

DAO Maker is a platform that provides fundraising frameworks and growth technologies for startups in the blockchain space. The DAO token serves multiple utilities within the ecosystem, including governance rights, access to investment opportunities, and participation in the platform's various services.

Intended Purpose

The primary purpose of the DAO token is to facilitate participation in the DAO Maker ecosystem, which includes: Governance voting on platform decisions, Access to investment opportunities in vetted blockchain projects, Staking to participate in launches and earn rewards, Payment for platform services.

Business Model Analysis

The platform's core business model revolves around helping cryptocurrency startups raise funds and grow their user base through various frameworks like Dynamic Coin Offerings (DYCO) and Strong Holder Offerings (SHO). The platform earns revenue through service fees and facilitating token launches. This model appears to be aligned with halal principles as it provides clear value exchange and facilitates legitimate business growth.

Real-World Adoption

DAO Maker has demonstrated significant adoption with numerous successful project launches and a large user base. The platform has helped launch multiple prominent blockchain projects and maintains active development and community engagement.

Token Distribution and Governance

The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. The governance mechanism allows token holders to participate in platform decisions through voting.

Rating Justification

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