defi: Best upcoming DAO projects to follow in 2022

defi: 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 avatarKrishnendu Chatterjee

BD & Partnership Head

Which DAO project would you recommend following and why?

The top 5 DAO projects, I would recommend - 1. UMA - A protocol for decentralized financial products which has received quite a bit of institutional funding. 2. InSure DeFi - A simple to use platform to protect against scammers, stolen funds. Great use case and if they can get proper partnerships, can really be a strong project. 3. Ox Protocol - Liquidity Aggregator for DeFi. A very niche requirement for different DeFi projects to operate in various platforms with a good scope in growth. 4. Alienworlds - A top-notch gamify project, with a strong team and strong future roadmap. 5. SHIB DAO - Its the first DAO for a meme coin and it would be very interesting use case to drive it forward. Bonus - BusyDAO - This DAO is trying to democratize Freelancer economy and has a very strong use case.

article avatarRick Spindler

Investor

Which DAO project would you recommend following and why?

OHMDAO is the trendsetter in Defi. There are now hundreds of Ohm forks which aspire to capture Defi value utilizing the OhmDao idea. Watching what becomes of the origin idea will provide insight about the rest. MidasDao is an Ohm fork that is attempting to capture value from Web3, P2E, and NFT tokens in 2022. This dao has implimented various taxing strategies to stimulate staking and prevent mass selling in whale manipulation. It has a well diversified treasury and a dedicated and active developer team. WonderlandDao is another Ohm fork with a very active community. I expect that Wonderland will collect significant value over time. RomeDao is an attempt to collect value from Play to Earn gaming, with an active community and developer team. I expect RomeDao to succeed and to capture value from the growing worldwide interest in P2E.

article avatarAthanasios Sarigiannidis

Algorithm creator, coder, chem. engineer,trader,investor

Which DAO project would you recommend following and why?

Curve Dao is my pick for 2022. going forward on a bleeding market I'd like to focus back to basics. that's defi and financial products. I'm aware that NFTs and gaming are the trends that everyone seems to agree they are promising. but I'm sticking with real life products and not so much betting on expectations. I prefer less gains but on more secure products. Curve covers that.

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 avatarLuis del Valle Ruiz Ortega

technical in PC and internet

Which DAO project would you recommend following and why?

I would like to recommend many new projects that are very interesting, one of them is Pera Finance. This project seeks to facilitate interactivity between all the factors that make their actions in the Defi world. Most of all between fiat exchangers. Users will be able to receive incentives and prizes during their stay at Pera Finance. It is a very low risk project. It adapts to any other project no matter what size it is. In Pera Finance you can do a trader, holder, providers, liquidation and you can also do staking. In each one there are rewards.

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 avatarGipson Gilbert

Freelance

Which DAO project would you recommend following and why?

Tezdao $TezDAO is fair launch token airdropped to users of the top DeFi and NFT platforms on Tezos. It will enable the community to participate in staking and yield farming, as well as voting on DAO governance and grant distribution to exciting new projects

article avatarIsaac Reiss

Aspirational Whale

Which DAO project would you recommend following and why?

i recommend Unifi Protocol DAO, which is a working multi-chain smart-contract based DeFi solution. Since it is released on the Binance Launchpool, a new initiative which is designed to bring the De-Fi (decentralized finance) experience to Binance users, the largest exchange in the world.

article avatarSantiago Ortega Cerrada

Cartography Engineer

Which DAO project would you recommend following and why?

For me, the best DAO project is represented by BitDAO because is open finance and a decentralized tokenized economy. The DAO hopes to support a broad range of projects including DeFi, DAOs, NFTs and gaming.

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

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