future: Best upcoming DAO projects to follow in 2022

future: 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 avatarMARCO MACIAS P.

STUDENT IN INFORMATICS & CRYPTO

Which DAO project would you recommend following and why?

DAO shapeshift because it has many benefits to belong to the project, keeping the FOX tokens, you receive rewards as compensation for the gas used in the exchange, they also offered a good aidrop to all those who be holders of the FOX token and also for new users, moreover, the governance of the token makes users decide the future of the project through user voting and also if you are the holder of the FOX token you can propose proposals to change or improve the project and the other users will decide whether to accept the proposal and to carry out the project for better development, and this contract makes the project fully decentralized.

article avatarSapriawan Kdi Sapriawan

Employed

Which DAO project would you recommend following and why?

CURVE DAO TOKEN ($CRV) because $CRV is running very well and the ecosystem is also growing rapidly and has price expectations in the future.

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 avatarstan vlad

designer

Which DAO project would you recommend following and why?

MakerDAO maker Dao uses governance polls with the governance dashboard for sustaining and protection from rapid fluctuations in the market. MakerDAO has MKR token, for voting rights in polls Dao creates, MKR is also the sole value capturing mechanism for MakerDAO . This implies that the ones who shape the ecosystem via holding and voting using MKR tokens are on the beneficial edge given the future successes of the project, and not members who will use pump and dump strategies to devalue the prices, or control the movements.

article avatarPierre Jean

Crypto Investor

Which DAO project would you recommend following and why?

There are quite a handful Dao projects to pick from, but my best pick will be bitDAO. It has been turning heads of recent, ammasing a collection of super investors in the finance world. I really think it has the potential to grow bigger in the future

article avatarJacek Kołodziejczak

Blockchain | Web Developer

Which DAO project would you recommend following and why?

I can't recommend anything because everyone should do their reaserch, but I can tell you what kind of project I was interested in. This is a Mirror (MIR) and I believe blockchain stocks are the future.

article avatarIseoluwa Mathew

Student & crypto enthusiast

Which DAO project would you recommend following and why?

I will recommend pancakeswap dao.. Is the biggest dao with huge transaction and users. It as many opportunities attach for its users such as 1) staking single assets example cake to earn more more token or other token 2) Liquidity farming is also one of its great future 3)It has big nft market space as well for buying and selling of verified nft Most importantly the gas fee to use the dao is pocket friendly. And is sponsor by the no 1 exchange binance.

article avataranonymous Man

FreeLancer

Which DAO project would you recommend following and why?

Ecc (Empire capital) because they are supported by big community and have a healthy chart also the fundamentals of the project is Intriguing and they have a real usecase This is the best one I see for now and better daos might show up in the future

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

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