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NewsBTC 2022-02-09 09:21:38

DAO Maker Launches Public SHOs For Investing In Crypto Startups

DAO Maker, a platform for retail venture investing in equity and tokens, has launched Public Strong Holder Offering (SHO) as its latest service to facilitate fundraising for blockchain and cryptocurrency startups. Through this Public SHO, DAO Maker has opened the floodgates to access an unprecedented volume of market liquidity. SHOs are a mechanism or service which utilizes certain procedures to choose genuine investors for funding crypto projects. For example, SHOs analyze on-chain data, user activity, liquidity provider (LP) status, and interaction with previous projects. These data sets help in choosing the right kind of investors for a particular startup, building a community around the project. Investors too can apply for a refund if the projects perform poorly and the developer team fails to deliver. The Public SHO model from DAO Maker is a first-of-its-kind innovation in the crypto investing space. Facilitating Fundraising With DAO Maker’s Public SHO DAO Maker makes participation in fundraising procedures accessible and open to a diverse set of crypto holders. Any user who has completed the KYC process and has $2500 worth of crypto in their wallet on EVM-compatible networks can participate. The platform creates a profile on the basis of the user’s wallet activity. Thus, projects can choose investors from designated groups like DeFi, NFTs, GameFi, depending on wallet usage. The DAO Maker Public SHO is divided into two se...

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