project: Best upcoming DAO projects to follow in 2022

project: 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 avatarOffelia Ogg

day trading, investment, crypto enthusiast

Which DAO project would you recommend following and why?

There are two main advantages of DAOs: 1. DAOs completely decentralized, each memeber has equal right to vote and can regulate relationships between partisipans by creating the rules for trade, 2. DAOs can give more eficient managing portfolio with less capital. I would recommended to follow Merit Circle. It's DAO focused on play to earn games. The comunity choose the best games to invest and support their growth. The holders recive gains when the project which gets more voting becomes sucsesful. What can be more exciting than games that have their own economy system. Especially in this time of metaverse rising. The comunity is active and divers and constantly looking for best projects, also reward creativity and has giveaway event.

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 avatarGENIEral's Collection

Trader

Which DAO project would you recommend following and why?

Metamask Dao best project to be awaiting this year good to hold and best token around the world. Every user gets free MetaDao. Better hold if eligible

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 avatarMarcin Szmyd

IT Administrator

Which DAO project would you recommend following and why?

I recommend the DAOStack, because this is an open source project advancing the technology and adoption of decentralized governance. The DAOstack is building a modular and the software stack for DAOs that includes a library of governance protocols.

article avatarAbe Seksek

Chief of Staff and COO

Which DAO project would you recommend following and why?

I like Polygon Project due to its superior technology. The speed of the transaction on the network is great. The team and roadmap is very impressive.

article avatarJason Thornsberry

Crypto enthusiast

Which DAO project would you recommend following and why?

There’s a few DAO projects that I follow closely and participate in. One project I’m really excited about is POAPathon which you probably haven’t heard and for good reason, it’s just getting started. The NFT market currently has great momentum and generates an amazing amount of revenue. POAPathon is a organization that offers artists the opportunity to receive rewards for design submissions placed by sponsors and sponsors could be other DAO’s or any individual wanting to issue poaps for events such as community calls, birthdays, or any important event. POAPathon has quadrupled its discord membership numbers since it was created 2 months ago there is now over 6,000 users, and artists have received close to 5,000 usd in bounty rewards. There’s currently 10,000$ worth of bounty rewards available for poap and pog designs. POAPathon is worth checking out imho.

article avatarJason McLaughlin

INVESTER

Which DAO project would you recommend following and why?

I would recommend the DAO project by PleasrDAO because it already has a portfolio full of multimillion-dollar assets. In June, it bought the original "Doge" meme nonfungible token, or NFT, for $4 million.

article avatarBerthman Hutabarat

Engineer

Which DAO project would you recommend following and why?

Gaming DAO is a recommended project to follow. In my opinion, booming about NFT with P2E just the beginning, with DAO, it will be perfect. I recommend IBC DAO. It will promise a lot of feature be provided such as yield generating NFTs, PFP NFTs, virtual lands, and in-game assets.

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

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