ethereum: Best upcoming DAO projects to follow in 2022

ethereum: 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 avatarVision N

Full Stack Developer / Crypto / Blockchain

Which DAO project would you recommend following and why?

There are different types of DAOs like Social DAOs, Gaming DAOs, and Collector DAOs, etc. There are so many DAO projects are evolving in this sphere so detecting the best and promising projects is somehow difficult for ordinary users. For me, I have the four best DAO projects to look at in 2022. They are as follows: Yield Guild: If you haven’t heard about Yield Guild, it’s a gaming DAO that allows game developers to crowdfund and develop their products. It prefers the Play-to-Earn economy for the users and everything is based on the decentralized blockchain network. Flamingo DAO: This DAO platform is essentially focused on NFTs. It is created to seek the possibilities of ownable digitalized assets in the service of mankind. It allows artists or creators to sell or buy the assets with freedom. Gnosis DAO: It is built on the Ethereum blockchain network as the decentralized forecasting tool. It allows anyone to create transparent prediction campaigns. Maker DAO: It is one of the oldest but interesting DAO projects. It is based on the Ethereum blockchain protocol with the unique stable coin DAI. The DAI is the world’s first stablecoin with a genuine ecosystem in the decentralized system.

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 avatarAnisha Mehta

Active trader

Which DAO project would you recommend following and why?

There are 4 to 5 projects that have caught my interest but if i have to choose 1 then it would be 'Aragon' an ethereum based project. Aragon is trusted by over 2000 DAOs building Web3 communities and organizations. It is building the future of decentralized governance for Web3 communities and organizations, so i would highly recommend following it.

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 avatarRival Humaidi

rivalhmd.eth

Which DAO project would you recommend following and why?

Ethereum Name Service Cause ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses

article avatarReymund Albarena

Crypto Traders

Which DAO project would you recommend following and why?

The ENS Dao of Name Service it is simple for crypto funds trasfer and it easy to be part of it ENS is an ethereum base network and traded in many exchange

article avatarGael-Marc NDJONGOLO Bikoro Ndjongolo

Which DAO project would you recommend following and why?

I will recommend ethereum since it is a smart contract system that enable any user to create a token with low difficulties coding settlement.

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

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