protocol: Best upcoming DAO projects to follow in 2022

protocol: 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 avatarAleksander D.

Entrepreneur, crypto investor, programmer

Which DAO project would you recommend following and why?

Recently i have discovered SputnikDAO. It is a hub of DAOs, those are based on the NEAR protocol. Currently it contains about ~250 of different DAOs, related to finance, or education, or local communities, and so on. Moreover, it is a powerful tool, which allows you to create own DAO in minutes, doesn't require a special tech skill and with a low starting expenses( 5 NEAR or ~$80 ). Actually even this amount is not as a fee or a price, or any else non refunded charges. This is just the first contribution in the treasury fund of your own DAO, so it remains your too. NEAR protocol provides fast & low cost transactions, exactly what you need to power any DAO community, doesn't depend what the DAO does: either develops new DApps, or draws new pictures&NFT for games, or anything else. Moreover, NEAR coin itself is undervalued yet on my mind. So it might be a good investment prospective to build a DAO using this protocol. With SputnikDAO you can easily learn in practice what is DAO indeed and how it works inside, you can build your own as well as join any existing at it's early beginning. Simply try yourself in a real DAO instead of just to speak many about DAOs in general. That's why i strongly recommend to pay attention to this hub.

article avatarArindam Majumdar

Crypto Trader

Which DAO project would you recommend following and why?

Decentralized Autonomous Organization or a DAO aims to replace the conventional management structure of an organization. When the ‘The DAO’ failed in 2016 a large world population was even unaware of terms like blockchain and cryptocurrency let alone DAO. But, since the late 2019 people are familiar with the aforementioned terms and certainly the ConstitutionDAO made a lot of people understand what a DAO is. • With the kind of automation coming in we must think of implementing some kind of Universal Basic Income (UBI) and Proof of Humanity DAO is one such which uses a Sybil resistant identity protocol with open participation and rewards everyone with UBI tokens. • We cannot overlook the craze for NFTs and the metaverse idea and I’m looking forward to FEIYU built on NEAR. A few more DAOs I’ll be looking forward this year: • MAKER DAO • CURVE DAO • Decenterland DAO • Uniswap DAO

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 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 avatarAdam Witkowski

developer

Which DAO project would you recommend following and why?

My favorite project worth mentioning is DAO Uniswap. Most probably, the well-known DEX exchange, which dominated the year 2021, smashed rivals ending with a turnover greater than all DEXs combined:) fully functional, easy to use with a powerful background of financial technology dominated the market, users even love it. as we know UNI owners are simultaneously the investor, operator and user of the protocol, so everyone has a democratic influence on its development. I am convinced that the Uniswap DAO protocol will reign supreme among rivals and win the highest laurels among users and experts.

article avatarOtegbeye Boluwatife

blogger

Which DAO project would you recommend following and why?

I’d prefer AAVE because Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets. The protocol features Flash Loans

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 avatarİlter Topaloğlu

Librarian

Which DAO project would you recommend following and why?

Unifi protocol. Because it is tremendous project. Decentralized platforms will be change futures. Unifi protocol max supply : 10.000.000 I predict per a price is 100$ for 2025

article avatarLim Chin Hwa

Owner

Which DAO project would you recommend following and why?

A DAO, or Decentralized Autonomous Organization, is a concept for a organization that is ruled with forced digital rules and directly controlled by shareholders without hierarchical management. DAOs involve a set of people co-operating according to a self-enforcing open-source protocol. Colony would be recommend a it is a suite of smart contracts, providing a general purpose framework for the essential functions organizations require, such as ownership, structure, authority, and financial management.

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

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