On February 15th 2021, our community had a chance to welcome Malte Christensen - COO Of Dao Maker and Natalie Kubalova - Business Development Of Dao Maker to join in an AMA to give fruitful information about the key features and roadmap of Dao Maker.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the lastest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
At this AMA session, representatives of Dao Maker is a platform comprised of B2B and B2B2C products and services: complaint fundraising, asset management, pluggable DAO creation, and chain analysis.
It aims to create growth technologies and funding frameworks for startups, while reducing risks for investors.
Time: 08:00 PM (UTC + 7) on Monday, February 15, 2021
Venue: https://t.me/CryptoFamilyGroup
Airdrop 150 USDT for the best questions in the AMA.
Below are some main points of this AMA.
PART I: INTRODUCTION OF DAO MAKER
Question 1: First, can you give us a brief introduction about your team and DAO Maker. What are some outstanding features that make DAO ahead of other competitors?
Ms. Natalie: Founded in 2018, DAO Maker was created by a team of experts in trading, fundraising, token economy modelling, and technical development. During the 2017 crypto hype and the following crypto winner in 2018, blockchain faced numerous challenges and difficulties for mainstream adoption.
Firstly, most crypto projects lack of expertises in economics and mathematics, creating many token economy models that will never work.
Secondly, many crypto projects were hungry for public attention, looking for the fastest way to grow its community and ignoring the quality and value that community can provide. This led to the heavy use of airdrops and bounty campaigns by crypto projects, making their token worthless.
Thirdly, many crypto projects were using the ICO model for fundraising. It is certainly more accessible to much more people than traditional fundraising. However, the ICO funding method is not favorable to most investors that it is not secure. Many crypto projects feel no responsibility to their token holders, doing pumping dumping schemes, or simply spent the fund irresponsibly.
To undertake the 3 challenges I mentioned, DAO Maker created a set of services and products, they are token economy consultancy, Social Mining SaaS, and DYCO & SHO.
To see our team members you can check our website: https://daomaker.com/
Question 2: Next, I would like to know some great achievements of DAO Maker during its development process.
Mr. Malte Christensen: DAO Maker's native token DAO had its world premiere listing last Tuesday on KuCoin and Gate.io simultaneously. We have received massive support from the community and other blockchain projects. This is one of the Top milestones we had so far. Right now DAO Token is trading at 30x from public sale price.
This success will not be possible without the support from the crypto community. We are also a think tank, creating innovations and ways to better the industry, allowing community sales and incubation at a very high level
Question 3: Last but not least, please share with me the goals of DAO Maker in the near future. Do you have any plan to achieve mass adoption in the DeFi space?
Ms. Natalie: In 2021 Q1, we are going to launch Venture Bond alpha, acquiring a fiat license for the DAO Maker platform. In addition, we will be working on the legal side of complaint equity crowdfunding.
In 2021 Q2, our new crowdfunding platform will be live, featuring Compliance as a Service for token sales. Other developments include the release of dTeam Express, 2nd generation of Social Mining.
In 2021 Q3, Venture Bond Beta will be released. We will also release DYCO margin lending pool and adding fiat on ramp to DAO Maker Platform.
In 2021 Q4, dTeams for for equity-funded firms.
In 2022, VB exchange will be launched, allowing our users to trade venture bonds. In addition to this, we will also launch our equity offering platform.
PART 2: BEST QUESTIONS FROM TWITTER
Question 1: Can you tell us the motivation and benefits for investors to hold $DAO in long term? What plans do you have to help drive demand and scarcity for the token? @Prettyboy071
Mr. Malte Christensen: Ok this is a very good question, it all comes down to determining the token holder's behaviour. Making sure the weight is placed on people who are in for the long run, benefitting the token's ecosystem. In a DYCO v2 which is, after Orion Protocol, our 2nd version of the DYCO, the deployer contract that distributes tokens to buyers acts as a Toll Bridge. DYCO participants can claim their entire purchased allocation on day 1, day 100, or any other day of their choice. Essentially, they can remain committed to a long-term token release or they can cut things short, but at a toll.
The Toll Bridge requires primary buyers who want an instant release to burn a portion of their allocation. This burn reduces each day, and it becomes 0% once the final token distribution is complete. The advantage of this system is that primary buyers who are only interested in a flip and those who have a lower average exit price can pay the burn and exit their positions early. Investor prefer flippers to be exiting as fast as possible.
This reduces extreme price volatility as surges in secondary market demand are fulfilled with primary buyers who want to capitalize on their purchase as fast as possible. Meanwhile, the holders can remain committed to the long-term release schedule.
The advantage of this is that any market price can never be extremely distorted from the target exit price of primary buyers. Typically, if the price exceeds the target price of flippers or those who have a low exit value, they have to wait for future distributions. This limits a token’s secondary market’s action to also wait out future releases, reducing secondary market confidence.
With a Toll Bridge, there’s strong certainty that any market price is not going to be too distorted from future releases as primary buyers don’t need to wait for a release to sell; they can sell at will if the price is already attractive for their individualized goals.
Question 2: Could you please name a few investors as well as evelopment partners of DAO Maker, and what value they bring to the ecosystem? @Tran2886171477
Ms. Natalie: Our long term partners Rockaway and LD capital as well as other established VCs in the industry such as Woodstock.
Please find an overview in the top left corner of our investors in the picture.
Question 3: Regulation is very important. Many projects were closed in many countries due to failure to use the correct regulations and permits. In order to go global how does DAO team deal with these issues? @john_labby
Mr. Malte Christensen: Our company is established in Estonia, owning all the necessary licenses to work in the cryptocurrency industry. We also work with several different compliance agencies to keep up with the current situation in the market and prioritize solving all the issues connected with legislative changes worldwide. However on an internal SaaS level we gained a favorable Chinese legal opinion allowing us to distribute token to Chinese holders over for example NEM HUB, which is the Social Mining label chosen by NEM. Also the adoption of GDPR by Japan as first country outside Europe makes it easier for us to coordinate and streamline the digital onboarding of users.
Question 4: DaoMaker has been rocking since before the defi craze started with novel concepts such as the DYCO and SHO. Can you tell us positive results of the concept of SHO AND DYCO? @komando911
Ms. Natalie: SHO's are benefitting the members of the community most often left out, we distribute token to people who are strong holders in the DAO ecosystem, as well as people continuing to bring value to the respective project over Social Mining eg.
Once you go onto our page, you can click on fundraising and see our models result: https://daomaker.com/
DYCOs allow users to participate in an insured token sale within a secured environment. We want to make sure the old ICO/IEO fundraising scheme dies and gets replaced by a version benefitting the users rather than big VCs or companies.
CF: We got it now. What about SHO @MBC_Christensen @NatalieDaoMakerNEM ?
Ms. Natalie: We have weekly announcement of SHO at the moment, we will release VAIOT which is a project in collaboration with IBM and yesterday we have announcend XEND.finance, you can check us out on our community t.me/Daomaker
Question 5: What are the compliance and fundraising solutions and strategic consulting that DaoMaker has created? What are their most renowned protocols and models that have kept them at the forefront of the crypto world leaders?@kinymuem.
Mr. Malte Christensen: We were the main launchpad for LTO Network, Elrond Network, Harmony Protocol, AVA Labs, 2key Network, Injective Protocol, Orion Protocol, NEM's Symbol, DEFI unicorn OpenPredict and several others.
We spot a flawless track record, as DAO Maker’s client portfolio average ROI is + 3,000%, ATH, ROI is at + 5,300%. DAO Maker's core community extends 200k users, not counting several Social Mining communities.
Here are a few examples:
https://socialmining.daomaker.com/
1) NEM HUB
2) OpenPredict SM
http://community.openpredict.io/
3) Avalanche
https://community.ava.network/
4) 2key Network
5) Elrond Network
As Natalie mentioned, we are launching a fiat-enabled compliant platform for venture funding, both crowd equity and tokens. It involves tiered levels of risk to cater to the varying levels of risk appetite that retail has. The platform will include:
- Venture Bond for near-zero risk, but with reduced rewards
- Dynamic Equity/Coin Offerings for capped risk while maintaining most of the reward
- Refundable Strong Holder Offerings for public sales of tokens that have successfully closed a private round
- Standard Offerings for equity/token issuance without any protection, for retail with maximum risk appetite.
In regards to our other Products please see these illustrations and infographics :
Venture Bonds: https://mk0boxminingmedysvof.kinstacdn.com/wp-content/uploads/2021/01/dao-maker-venture-bond-.jpg
DYCO – Dynamic Coin Offering: https://daomaker.com/dyco
SHO – Strong Holder Offering: https://mk0boxminingmedysvof.kinstacdn.com/wp-content/uploads/2021/01/daomaker-strong-holder-offerings.jpg
Social Mining: https://daomaker.com/socialmining
DAO Maker Collective Reward Pool: https://mk0boxminingmedysvof.kinstacdn.com/wp-content/uploads/2021/01/DAO-token-utilities.jpg
CF: I believe all the members here would love to learn more about Dao Maker, and they have many questions submitted to our Twitter today. After careful consideration, I decided to choose 5 best questions for Evolution Finance team to answer directly in CryptoFamily Group.
That's the end of Part 2 in this AMA. All of the members here have gathered enough useful information, also they have many questions to raise for Dao Maker team today.
PART 3: BEST LIVE-QUESTIONS IN CRYPTOFAMILY GROUP
Question 1: Community is the key to success of any projects. What is DAOMaker's community expansion plan and what are your areas of priority? @Traanh29
Mr. Malte Chrisenten: India, SEA and the US
Question 2: Marketing strategy is very important. A product can be established on the market without marketing and promotion, whatever it is good. So what are your plans for this? How will you build strong relationships with communities? @pamisin
Ms. Natalie: Over the past 2 years, DAO Maker has grown one of the largest ecosystems of quality retail investors; in just 2020, our platform has signed on more than 75,000 retail users interested in early-stage ventures. Same with community, we give them incentives and great benefit from adding the value to the community. People that have free time, are graphics designers, marketers, influencers or just crypto ethusiast feel free to join our platforms. https://daomaker.com/socialmining
Question 3: Smart contracts are prone to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you audit it through any of the parties? @Zata92
Mr. Malte Chrisenten: We did an audit through Certik.
Question 4: The financial markets, cryptos market... all fell due to the covid-19 epidemic. Does this affect your project development plan? @Tast28
Mr. Malte Chrisenten: Yes it got much better, investors re-evaluate crypto. Adoption phase became a lot stronger during Covid.
Question 5: I'm aware that the DAO token is being issued under a 65% DYCO, does this implies that every single token will be refundable at 65% of the purchase value? If yes, what would happen to, also can you please explain further and how token buyers can benefit from the Toll Bridge? @rabbanig
Mr. Malte Chrisenten: Hi, please read this:
https://medium.com/daomaker/private-sale-claim-guide-and-toll-bridge-3a7ac8d6cc7b
Question 6: Is there a possibility that large companies will adopt public blockchains instead of private or consortium types in the future? If yes, if not, why? @Mafiya0987
Mr. Malte Chrisenten: Yes more innovative, cheaper and less prone to human errors.
Question 7: I read on your website that "DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors", can you throw more light on ways you reduce risks for investors?
What is the minimum amount of DAO we can hodl and in which wallet can we hodl it? @topind7
Mr. Malte Chrisenten: 500 - 1000 USD in DAO dependent on SHO project.
Question 8: Hi, @MBC_Christensen, @NatalieDaoMakerNEM -> Does DAO Maker have the financial strength to take the project along the way? From what sources does DAO Maker's revenue come from? How will DAO Maker be profitable for both project and investor? @dothithanhthuy88
Mr. Malte Chrisenten: Enterprise Services, Fundraising Services and SaaS solutions.
Question 9: Most investors only focus on the price of the token in the short term instead of the real value of the project. Can you tell me the benefits of holding $DAO for long - term investors? @Contact227
Mr. Malte Chrisenten: Get more SHO allocations, get access to an unparalleled ecosystem and contribute from the bottom up.
Question 10: Can you tell us the motivation and benefits for investors to hold $DAO in long term? What plans do you have to help drive demand and scarcity for the token?
Mr. Malte Chrisenten: Access and provide a launch pad to the projects in the industry.
CF: We are so excited to hear more about this quality project. But I am afraid the time is up now, so we must finish our AMA session. For all of the questions that have not been answered yet, feel free to search for more information on the links provided below:
Website: https://daomaker.com/
Twitter: https://twitter.com/thedaomaker
Telegram: https://t.me/daomaker
