crypto: Best upcoming DAO projects to follow in 2022

crypto: Best upcoming DAO projects to follow in 2022

< Show Wisdom Collection: Best upcoming DAO projects to follow in 2022article avatarEmiola Okiki

Passionate in crypto & student

Which DAO project would you recommend following and why?

I would recommend Uniswap. Uniswap is known popularly as a decentralized trading protocol. It is a automated trading of decentralized finance (Defi) tokens. Safety is undoubted because it is an ERC-20 token, I.e it is operated or requires Ethereum to function. As Uniswap being decentralized, it allows peer-to-peer crypto trading and it was accomplished using smart contract (built on the Ethereum protocol). Uniswap has become a go-to investment for many crypto enthusiasts. It has become top 20 cryptocurrency in market capitalization. It has become the largest decentralized exchange(DEX) in the world. Uniswap is one of the growing DAO project recently price currently at about $15 and has tendency of growing to up to $30-$50 this year. Investor can also earn Uni token by also contributing to the liquidity pool supporting this DEX. Investing in Uniswap is not a bad idea it's a good move in securing the future.

article avatarJuan Diego Gomez Peña

UX Researcher and Designer

Which DAO project would you recommend following and why?

I would like to start with BitDAO. Without a doubt, it is the DAO ecosystem with the greatest projection in my opinion. The efficiency of its voting system ensures that the holders are the ones who determine the way forward. All of the above without mentioning the evident trust of the community over the last year. I would also like to mention Decentraland DAO being widely known in the community because I would like to highlight his social qualities that may be overlooked. But the truth about these spaces in the metaverse is an opportunity to improve systems that are vulnerable to human morality and ensure that take actions over a conflict resolution or political debates can be carried out without additional moral and ethically extrapolations. And last but not least, my favorite since its inception: MakerDAO. Now with the whole issue of the approved proposal to bring real-world assets (RWAs) to the crypto-world with the help of Centrifuge, I don't stop liking it more and more. This 2022 will bring new narratives to the metaverse that looks better every day.

article avatarRenielyn Caparino

Crypto Enthusiast

Which DAO project would you recommend following and why?

I would recommend Decentraland or MANA project. It is an Ethereum token that powers the Decentraland virtual reality platform. MANA can be used to pay for virtual plots of land in Decentraland as well as in-world goods and services. It is yet to discover by many crypto lovers, it has 1.8Billions of circulating supply and 261 Billions in Market cap. It's still has a lot to prove and to give to every Cryptotian.

article avatarDuong Duong Quoc

It

Which DAO project would you recommend following and why?

BitDAO (BIT) BitDAO includes token swaps and a multi-asset BitDAO Treasury and support a variety of crypto projects focusing on DeFi, NFTs, DAOs and gaming

article avatarAnanthu VB

Which DAO project would you recommend following and why?

BitDAO (BIT) Slightly more popular than Rally, BitDAO is a decentralized autonomous organization that intends to make it much easier for everyone to launch their own personalized crypto tokens and decentralized applications. The unique aspect of BitDAO is that it includes token swaps and a multi-asset BitDAO Treasury, which is used to accumulate various kinds of crypto tokens. According to BitDAO, the DAO is a tool to create a fully decentralized platform that will change over time according to the wishes of its users. In order to do that, BitDAO aims to support a variety of crypto projects focusing on DeFi, NFTs, DAOs and gaming.

article avatarMirb .

Investment Specialist,Crypto Currency Specialist,Analyst

Which DAO project would you recommend following and why?

20 years ago, I was imaginatively thinking about more affordable and easier buying of shares of promising companies, and crypto projects and DAO are just establishing a system for easy participation in great projects for many talented and imaginative people around the world, and I would like to highlight The MetaCartel Venture. Most likely, we will soon see a lot of companies formed according to the DAO system.MetaCartel Venture does a very useful job of realizing business ideas and this type of business has been very popular in classic business systems as well.

article avatarHubert Hub

Crypto

Which DAO project would you recommend following and why?

I think i would recommend CSP DAO and DCI and a few others crypto investment DAO's. Usually DAO's are better than casual Venture Capital because the more people certain organization have the better it is for the project, as they get more guidance. BUT some VCs are very very good, so you always have to watch out who you're working with. And the coin has 2 sides, so DAO's can be a bit shitty if there's not so many experienced people there, then they don't bring much. That's why I would recommend go always go 50/50.

article avatarTrung Luan Pham

Developer

Which DAO project would you recommend following and why?

Decentralized Autonomous Organization isn't a new concept but many crypto enthusiasts believe that DAO will drive the most innovation in crypto.

article avatarJoseph Rockins

Businessman

Which DAO project would you recommend following and why?

Amidst all the DAO (Decentralized Antonomous Organization tokens out there, just to name a few like, $UNISWAP $AAVE $MAKER $DASH $UNISWAP $DECRED $ETHEREUM NAME SERVICE $MANGO $AKROPOLIS, I would recommend following CURVE DAO. My reasons are stated below CURVE DAO is the governance token for CURVE Finance, which currently assist exchanges as an Automated Market Maker (AMM) by providing liquidity. Not to mention its a top liquidity provider around crypto. Also with less volatile assets, it offers low spillage & low fee swaps. Curve Finance is a fully collateralized, peer-to-peer network of fiat currencies built on the Ethereum blockchain. This network is governed by the DAO token holders who can vote on proposals and receive rewards. I expect it to be very bullish going forward.

article avatarDorian Kane

Blockchain Analyst

Which DAO project would you recommend following and why?

Gitcoin Gitcoin is the hub to find jobs on crypto.you have opportunities for to crowdfunding you project from others user and the use of you time in learning and earnings bages

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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