DAO Maker
Crypto Overview
Introduction
DAO Maker is a platform launched in 2018 that aims to create growth technologies and funding frameworks for startups, while providing retail investors with safer ways to invest in new crypto projects. The platform utilizes its native DAO token for governance, staking, and accessing various services within the ecosystem.
Intended Utility
The DAO token serves multiple legitimate purposes within the ecosystem: governance rights for protocol decisions, staking for platform services, and accessing the platform's startup funding opportunities. Token holders can participate in Strong Holder Offerings (SHOs) and Dynamic Coin Offerings (DCOs), which are innovative funding mechanisms designed to reduce investment risks.
Actual Utility and Adoption
The platform has demonstrated real-world adoption with over 140 successful startup launches and significant trading volume. The ecosystem shows consistent development activity and regular platform updates. The actual usage aligns well with the intended utility, with active participation in governance, staking, and funding activities.
Token Distribution and Founder Analysis
The token distribution shows a relatively balanced allocation: 30% for ecosystem development, 20% for team and advisors (with vesting periods), 15% for marketing and partnerships, and 35% for public sale and community. The team has maintained a strong focus on platform development rather than just token marketing, with regular technical updates and improvements to the platform's infrastructure.
Revenue Model and Operations
The platform generates revenue through legitimate business activities including: platform fees from startup launches, subscription services for project incubation, and fees from various platform services. These revenue streams do not involve interest-based income (riba) or gambling-like activities.
Crypto Impact
To assign a comfort level investing in DAO Maker from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to DAO Maker.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.