DAOMaker’s Role in Blockchain Adoption (1)
Hello, today I want to tell you about the projects I have studied as a blockchain enthusiast. There are currently more than 8000 sub coins on the market. I think I’ve reviewed 1/10 of it, or at least taken a look at it. If you ask how many of them you can estimate for the next few years, the number of projects will fall below 50. This is because the blockchain space is still a baby. With each new project, new perspectives and new solutions are expressed. Within months, new uses are being discovered. Blockchain networks continue to develop rapidly with both Layer One Solutions and second-layer solutions. It cannot be said that the same successful results have been achieved for every project in the rapidly growing sector since 2009. There are hundreds of projects that have become garbage before completing the year in which they were created. But some have retained their place in the field for almost as long as Bitcoin. If you examine which projects have a stable position in the space and are permanent, you will discover many standard features.
Standard Features Of Successful Projects:
Project team: The core team’s competence and work discipline play a vital role in developing the project. A common feature of permanent projects is that core teams consist of well-equipped and experienced people from marketing and business development.
The project’s vision: having a well-studied goal provides excellent advantages in permanent and attracting attention.
It fills a gap in the Blockchain space and has a mission to develop the blockchain space outside its own company has a significant share in its permanence.
Indeed, if projects fill a gap felt in the field, they become much more permanent than many successful team projects. The common feature of all investors is to make money naturally. But it is also remarkable that foundations that invest in this new area or make grants contribute more to those who serve the growth of the area and the development of ecosystems in the projects they choose. In short, if a project contributes significantly to the adoption of the Blockchain domain and generates benefits, it has no problem finding investors to support it.
DAOMaker is also a company with a mission to adopt the blockchain area and grow and develop projects. Let’s look at his contributions to the BC space in chronological order from Injec to this day.
DAOMaker Social Mining Platform Software:
PoS mechanisms have been developed in the next generation of blockchain networks to address the security problems that Pow’s large miner farms can create. 51%, POS mechanisms designed as a barrier against Byzantine Generals and Sybil attacks, brought with it the need for a new formation. Node execution, that is, confirmatory, made possible by staking large amounts of the network’s token, has replaced PoW mining in distributed systems. The barrier created has a relatively simple logic. If you want to be approving, you’ll stake it. In this case, as the number of validators or nodes increases, 51% of attacks lose their meaning. Because you need to have 51% of the total nodes in the network to turn approval in your favor. The amount of the tokens necessary to have so many nodes does not cover the cost of hacking that token. In PoS systems, where those with enough PROJECT Tokens can run nodes with simple home computers, loyal members of the project are the most critical validator candidates. Projects need stakers who believe in themselves. You can only meet the staker needs of the project with community members who have adopted the project. Imagine that you have a token of a project that you like, and you are the holder. But traders know that price fluctuations in the crypto market are quite large, and you are likely to increase the number of tokens in these waves. However, the annual return of staked tokens is around 10–15%. In this case, your commitment to the project must be too much to keep too many tokens as the project’s validator. Here the importance of communities and hubs increases.
Validators are not the only contribution of a community member to his project. Community members are the driving force of projects, a positive motivator. In addition to staking awards, community members also promote the project through social media in the countries where they are located, earning rewards at the rate of their contribution.
That’s where DAO maker’s magic hands come in. The social mining platform that projects need to build community was designed by DAO Maker. DAO maker is Dao’s producer, allowing community members to establish the necessary communication with each other and the project team. Hub software is integrated according to the requirements of each project team. For example, the Avalanche Hub features a market place where community members can convert their points to Amazon cards or AVAX tokens. At the same time, the use of the Community Board on the NEM platform stands out. While ranking is neglected in the Orion hub, there is a race to be in the top 100 on the DAOMaker platform. Suppose you examine the projects in the infographic below, where DAOMaker has built community platforms, some of which it has even undertaken to grow personally. In that case, you will realize that it is not a coincidence that such a successful project is listed together. One of the reasons that separate these projects with successful teams and a goal from their counterparts and lead them to success is that they have hubs that support them with all their energy behind them at any moment.
Social Mining software developed in 2018 has evolved and changed over time and completed 2020 year. With each successful project, the demand for software continues to grow. With each new project community developed, community members who have taken on a personally approving role in the blockchain field or are competent in their projects’ promotion activities carry awareness to their projects and the entire blockchain field.
2021 Will Be The Year Of The DAOMaker!
DAO Maker, which offers platform services and sales services for crowdfunding many projects to date, will launch its token. These drastic changes, including the redefinition of new products and old products that the company has been working on for three years, will be implemented in 2021. In this article, I would particularly like to talk about innovations in social Mining studies.
Stakerlar crowdfunding platform and initiative in the management of bonds and prize pools will continue with many innovations, such as New Year’s prize pool in the range of products in the mining platform, and crucial social design.
From January 2021, DAO maker will start using brand new social mining products to meet the growing demand for its social mining platform.
Social Mining Express:
The new product, Social Mining Ekspress, has been developed especially for startups with low market value. The SM Express platform, which young startups looking for a place in the blockchain space can access at no cost, includes a limited version of the social mining platform that large projects use. In exchange for providing free access to the platform’s capabilities, its community’s only expected inclusion from its ecosystem in the DAOMaker community is the project.
Daomaker’s social Mining Platform is white-label software. So the user runs it with his brand. But on SM Express, the project’s community signs up to the DAOMaker platform and is incorporated into the ecosystem. The project’s community will increase the number of venture investors due to the increase in DAOMaker ecosystem users. In contrast, the project with a small market cap will provide both liquidities from the prize pool and free access to a product proven successful in community development.
Social Mining Atlas :
The full version that projects can access by paying a subscription fee is authorized and white-label social mining software. Users of Atlas software can use all the features of the platform. Defines and delivers tasks that it deems appropriate for the community of administrators assigned to the platform.
DAOMaker platform is one of the new firmware to be used in the first quarter of 2021. dTeams creates decentralized teams for Blockchain projects. It uses the code base of social Mining software to a large extent. One of the main differences between Atlas software and dTeams is that it can facilitate equity-funded projects, not just tokens.
The DAOMaker platform has two critical missions in the adoption of Blockchain technology. First, to establish and develop hubs with professional decentralized Daos that all projects need. Second, mainly to fund projects with a small market cap that are starting up. The ingenious crowdfunding token sales model and equity-funded projects will be the subject of my new article.
Thanks for reading
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