DAOMaker: Tokenized Startup Incubator and Fundraising Platform

Tokenized startup incubator and fundraising platform that helps decentralized app developers build communities using the power of social mining and ubiquitous mining, transforming communities into value-adding and value-assessing members of DAO through project tokens.

DAOMaker: Tokenized Startup Incubator and Fundraising Platform

DAOrayaki DAO Research Bounty Pool.

Grant Address: 0xCd7da526f5C943126fa9E6f63b7774fA89E88d71 Voting Progress: DAO Committee 3/7 Passed Total Bounty: 200 USDC Research Categories: DAOMaker, dTeams, Venture Bond (VB), Dynamic Coin Offering (DYCO), Strong Holder Offering (SHO) Contributors: Jones ,Julie White, DAOctor@Daorayaki

Amount Raised: Since late 2020, DAOMaker has held a series of token offerings and raised over $8 million in funding.

Launch date: The DAOMaker project was founded in 2015 and finally officially launched in November 2019.

Token name: DAO

Token type: ERC-20

DAOMaker Introduction and Origin

DAO Maker (DAO) is a tokenized startup incubator and fundraising platform designed to help decentralized application (dApp) developers build communities using the power of Social Mining and ubiquitous mining, and then convert the communities into value-adding and value-valuing members of DAO through the project’s tokens.

DAO Maker builds the economic infrastructure of smart contract tokens by providing risky bonds to investors to build cash flow, while providing expert wisdom to build the economic infrastructure of smart contract tokens, including protocol-driven destruction (burns), buybacks, equity incentives, dump penalties and other mechanisms in the DApp to help token startups establish a financing framework. Investors can pledge ERC-20 DAO tokens for exclusive SHOs (Strong Holder Offerings).

DAOMaker originated from the current CEO Christoph Zaknun, who launched ICO Dog after investing profitably in Bitcoin Cash and starting to focus his efforts on building his own blockchain development. Prior to that, Christoph was a medical student who studied mechatronics. Giorgio, meanwhile, has more than 16 years of experience in the software and development field. Today, the team consists of more than 20 members.

II. Team members

DAOMaker combines various roles in order to build teams that can work efficiently in any situation.

II.1. Executive Team

Christoph Zaknun, CEO: Chris is integrated into the company. He is responsible for managing the company’s risk profile (both in terms of capital allocation and project expansion), while ensuring proper communication across the team.

  • Created the first ICO project in 2017; invested $100 million in capital prior to the DAOMaker ICO; Sergeant in the Austrian Army, Biological and Chemical Defense Forces .

Giorgio Marciano, CTO: Gio leads the company in scaling technology for customer products while ensuring internal departments have the necessary technical support tools to support the business. He oversees the company’s development staff and sets the internal technical architecture, building on past experience and maintaining composure during DAO Maker’s busy work schedule.

  • 15 years of experience in technology development; led the development of the Sky Italy interface, which has been used by millions of users; involved in coordinating the technical development of a 15 million Euro EU funded multinational project.

Hatu Sheikh, CMO: Hatu drives the company’s new product launches, pursues new growth opportunities for the industry, and develops product strategies to meet demand, while managing the company’s marketing assets and promoting the company’s growth. hatu is responsible for the company’s content and design teams.

  • Co-managed $3M annual NYS budget; early support of marketing strategy for various tokens, blockchain products and exchanges; raised over $65M in funding prior to DAOMaker ICO

II.2. Technical Team

  • Partic O’Sullivan, Full Stack Developer: Patric has been working on web applications for 14 years. Prior to DAO Maker, he worked for two companies focused on cryptocurrencies. Currently, he is the lead developer for DAO Maker’s investment platform.
  • Gianni DI Noia, DevOps (SaaS): Gianny has more than 10 years of experience in python, angular and Django, and he simplifies the process of using SaaS solutions for customers.
  • Karel Novak, Full Stack Developer: Senior developer with years of experience in blockchain development working on DAOMaker investment platform.
  • Vitalli Mokrotovarov, Full Stack Developer: Vitalli has more than 20 years of experience in head IT companies and is an expert in enterprise cloud solutions. On DAOMaker, he is developing implicit blockchain (blockchain-agnostic) protocols for comprehensive analysis and monitoring of nodes in the network.

III. Governance and incentives

DAOMaker tokens enable its token holders to receive governance benefits, reward distribution (active participation in the DAO Maker ecosystem/ DAOMaker platform) and maintain loyalty to the DAOMaker ecosystem. For products developed by DAO Maker, tokens and their desirability play a key role in acquiring and retaining users.

III.1. dTeams

dTeams is a SaaS solution that helps tokenization startups with their day-to-day needs. dTeams provides an infrastructure to prevent corruption, while providing facilities for governance, collateralization and secure liquidity mining, all managed through a tested cPanel with built-in CRM. It even provides services for tokenization startups and offers jobs and career opportunities for people willing to accept specific cryptocurrencies. dTeams is a free freemium product with other premium services accessible and payable through DAO tokens for an additional fee as a percentage of the transaction volume generated by the platform.

III.2. Structured Finance

DAO Maker has raised over $35 million in funding for tokenized startups, and these backed startups now have a combined market cap of over $300 million. Both token and equity companies can raise capital on the DAOMaker platform and offer robust functionality to support various forms of refundable and risky products. Such a funding structure requires startups to place the majority of their escrowed funds with a third party and under the custody of an insured person. These escrowed funds ensure that DAO Maker users complete their refunds within a specified time period as required.

III.3. Refundable Strong Holder Offerings (rSHO)

Most startups can use public offerings for initial marketing and to grow their communities. However, most forms of public offerings do not achieve this goal. Therefore, a “strong holder offering (SHO)” is designed to build a community and increase buy-in, while also boosting confidence in some cases through a strict refund policy. If a SHO is conducted on a refundable basis, a percentage of the unrefunded funds are awarded to active DAO holders to help tokenized startups in the DAO Maker ecosystem build successfully (by evaluating successful tokenized startups that become active participants in the DAO Maker community)

III.4. Dynamic Token Offering (DYCO)

DYCO provides a new service and framework for token products used to provide financial backing, achieved by maintaining a 100% recurring supply of tokens, backed by a portion of the funds raised during the token sale process.DAO Maker holds this funding through an insured person.Users of the DAO Maker platform can initiate refunds for a specified period of time. In addition, if the project goes through DYCO and is successful, a portion of the unrefunded funds are used to reward the ecosystem as they are added to the DAO stakeholder distribution pool, thereby providing compensation to active participants across the ecosystem and promoting new company growth and community building.

III.5. Product Description

The platform requires a percentage of startup funds to be paid to facilitate the progress of DAO tokens, thereby incentivizing platform growth and stimulating user loyalty. Startups have the option to pay DAO tokens to gain advanced access to the platform, specifically

  • Access to the DAOMaker business network ecosystem.
  • Access to DAOMaker software solutions.
  • Access to DAOMaker Premium research reports.
  • Access to DAOMaker Community Leaders.

III.6. DAO Token Utility

  1. Governance and Reward Pools

Token holders have the opportunity to earn DAO tokens and management rights by proposing and posting proposal ratings. Participation in governance allows stakers (pledgers) to receive payments from the platform. Pledged DAO tokens are locked in for a period of time to ensure long-term participant accession. All companies will use one or more DAOMaker products to bring their own community into the DAO ecosystem. Active users will be able to select a token (by rating the most successful projects), and token distribution will be supported monthly by the DAO Rewards Vault.

  1. Premium Access

Token stakeholders can also benefit from assigned priorities and incentives. When the platform hosts high-demand products, high-risk individuals will receive priority access to these startups. In the event of oversubscription on the DAO platform, DAO token stakeholders will be given priority as they demonstrate their strength in chain reputation by providing liquidity to automated market makers and providing off-chain proof through participation in social mining. Offering users a DAO Premium premium account via quick sale. there is a huge demand for most of DAOMaker’s products and we expect this trend to increase, in turn shifting to a system that offers higher security to individual risk investors. The launch of this accelerated decentralization program will further increase demand. DAOMaker has been an innovator in the token governance space since 2018 and has become the core of the social mining product. The product was available well before the hype about governance during the DeFi boom in 2020.

  1. Incentivizing long-term pledging

To enable token holders to participate in governance, tokens are pledged to ensure that visionary individuals are involved in the evaluation and grading process. Elected projects receive help and services from the DAO and the community. Users therefore pledge tokens to ensure that they are motivated to analyze and evaluate the projects that are in the best interest of the DAO. If they work on meaningless projects, their share will be affected. the DAO token pledge process differs from most processes in that pledged tokens need to be locked in for a period of time. Users who govern the DAO ecosystem should be long-term beneficiaries and will avoid any behavior that would harm the community. The lock-in period and vesting of pledged tokens ensures that users interested in making a lasting commitment to the ecosystem can participate in proposals and ratings.

3.1. Activation period

After initiating a subscription share, the holder must wait 14 days for the share to become active. During the 14-day period, holders cannot participate in governance and will not receive awards.

3.2. Unlocking period

There will be a 5-day cooling-off period for token unlocking. Tokens can be withdrawn from governance after 5 days. Midway withdrawals are possible for a fee. Immediate unlocking will be subject to an explicit collateral fee (in DAO tokens), starting at 1% of the tokens collateralized. The fee will decrease by 0.2% every 24 hours. after 5 days, the fee will reach 0. Any tokens that are explicitly uncollateralized will be destroyed.

The system is designed to encourage participation in governance only by people who have a long-term interest in the project. It ensures that people do not buy or sell in large quantities during periods of price volatility, exacerbating volatility. The pledge system is therefore designed to build commitment within the community and participants in the ecosystem.

DAOMaker: Tokenized Startup Incubator and Fundraising Platform

3.3 Incentives and Rewards

The Platform has established a governance incentive vault to reward and remunerate active participants on the Platform, such as mining. 0.5% of the value of the vault is used daily for such incentives and rewards. As an example of adding new rewards to the vault, the first half of the new rewards will be distributed quickly (about 5 months). However, the second half would take a long time to distribute. This ensures that the vault will have enough rewards to ensure liquidity regardless of the market cycle.

The rewards vault is designed to incentivize DAO community participants to accelerate into new projects in the ecosystem. Tokens are distributed to all members to drive entry into new projects as a way of getting the word out. Users can use these tokens to participate in the governance and automated incubation process of dTeam Social Mining without having to buy these new tokens on the exchange, helping to accelerate the DAO program process.

DAOMaker: Tokenized Startup Incubator and Fundraising Platform

Reward Distribution Curve

III.7. Strong Holder Offering (Strong Holder Offering)

The DAO Maker platform is used for fundraising through traditional products such as rSHO, DYCO, etc. These structured fundraising systems can be used for equity crowdfunding and token sales. These structured fundraising systems can be used for equity crowdfunding and token sales. rSHO is an exception as it will be used for tokens only. rSHO allows projects to use the DAO Maker fundraising platform for compliant public offerings, gaining significant exposure and facilitating the building of their tighter communities. The biggest attraction is that rSHO incentivizes projects in the DAO Maker community to use the system. Just in case people are unhappy with the progress of the first 6 months of the TGE, the opportunity can be used to apply 80% of the funds raised to projects with potential refunds from participants. To create a positive incentive model, stakeholders of DAO tokens that join with rSHO receive additional rewards

  1. Allocation

Projects using SHO will be offered a refund within 6 months, or a TGE fee if SHO is done on a refundable basis. Projects have 6 months to prove their legitimacy on the open market. The typical project price is no less than 20% of the initial purchase price and after 6 months, less than 10% of the tokens maintain that value. If the project is able to do so, the funds retained in the DAO vault to protect investors are returned to the company to help with further development, and a portion of the funds raised by users are used to purchase SHO tokens from the open market and distributed to DAO participants. With this as a reward for success, the aim is to motivate all participants in the DAO Maker community to help the project become the 10% portion. If the project is not successful, the escrow funds will be refunded to the initial purchaser.

A percentage of the unrefunded funds will be used to repurchase the project’s tokens on the secondary market. These “success fee” tokens will then be used as a vault to reward active participants on the DAO Maker platform. Thus, if a project runs SHO, then a token buyer of that project seeking a refund will inevitably be refunded. At the same time, if it is done well and the buyer does not want a refund, an incentive (success fee) will be applied. The success fee will be used to purchase project tokens, which will then be paid to DAO stakeholders as an incentive to actively participate in ecosystem compensation. The DAO stakeholders are incentivized to promote the success of the project in the ecosystem. Hence, the title “Accelerating Decentralization”.

III.8. Platform Fee Allocation

DAOMaker: Tokenized Startup Incubator and Fundraising Platform

A portion of the platform fees from Social Mining and dTeams will be used to purchase tokens for projects joining the DAO Maker ecosystem. Having the DAO Maker platform drive secondary market purchases will provide a tremendous opportunity for token action around small cap stocks. It is also a powerful exposure opportunity for both large and small cap stocks. The system incentivizes projects that join the DAO Maker ecosystem with two advantages.

  • DAOMaker community exposure opportunity.
  • Benefit from price and buyback volume.

DAOMaker’s creators wanted to incentivize projects to use the various DAOMaker products by creating a campaign that supports mobility and exposure, and DAOMaker essentially demonstrates the loyalty of ecosystem projects.

As a result, DAOMaker increases the conversion rate of new users to purchase DAO tokens, making them more active in the DAO community. These users are then activated as holders and are eligible for periodic voting, which leads to the purchase of any project token. Since token holders are rewarded with financial support for selected projects, the success of the tokens will also benefit them. This will provide strong community support for the selected projects, thus further adding value to the DAO Maker ecosystem. The list of reward vaults will be analytically developed by the platform participants and rated monthly with an evaluation force derived from the number of tokens pledged (to ensure correctness and honesty in such analysis and rating process).

III.9. Loyalty Allowance (Loyalti Perks)

The DAO token holders’ earnings will be allocated on a priority basis based on the Loyalty Perks, cash rebates of investments.

  1. Cashback.

Depending on the user’s share, they will receive cash back in stages, and the fee shall be deducted from the project. For example, someone has 500,000 DAO tokens. He/she will qualify for Tier 2 (T2) of the Loyalty Program and the platform fee provides 65% cash back.

Suppose this person participates in the crowdfunding with a purchase of $10,000 and the platform fee (funds raised) for the program is 7%. The person will not only receive $10,000 in equity, but will also receive 65% cash back of the maximum 7% fee. That is $10,000 * 65% * 7% or $455. The person will receive $10,000 of the equity purchased and an additional $455 in cash back as a loyalty reward for the equity. If the person does not pledge but only holds tokens, the loyalty bonus is reduced by 75% for all levels.

The cash back system will be activated once completed, but no timeline has been set. The numbers and variables shown above are for example purposes only and may differ from the real cash back system.

DAOMaker: Tokenized Startup Incubator and Fundraising Platform
  1. Assignment priority

DAOMaker’s DYCO and SHO products already have a huge demand, especially in small public rounds. For oversubscribed products, DAO tokens have a good reputation and pledges are given priority. In addition, users can pre-fund their premium accounts with DAO tokens and have them automatically allocated to products. This means that users can pre-allocate funds beforehand. These funds will then be automatically allocated without the user having to do so on time (automatic allocation of fast track services).

In addition, DAO tokens give priority to DAOMaker holders. Projects are oversubscribed on the DAO platform and will be rolled. DAO token holders will be given more numbers. Winning numbers are allowed to participate. tokens in the SHO ecosystem play a role in allocating priority, but the majority of the allocation will be based on the holding/pledging status of DAO tokens.

III.10. DAO Token Details.

DAO tokens will be offered through the Release 65% Dynamic Token Offering (DYCO). Vesting of tokens will also be confirmed through a toll bridge. While the standard allocation for TGE is 20%, followed by four consecutive quarters of 20% per quarter, DYCO participants have the opportunity to receive all tokens in advance by paying a toll fee.

  1. DYCO Refunds

DAO tokens are initially priced at $0.1. The refund schedule is set for April, July and December from TGE.

  • 30% of sold tokens will be refunded after 4 months at $0.065.
  • 40% of sold tokens will be refunded after 7 months at $0.065.
  • 30% of sold tokens will be refunded at $0.065 after 12 months.

In total, these three rounds of refunds add up to a total of all tokens sold under DYCO.

  1. Vesting and Toll Bridge

The Fee Bridge allocates tokens to buyers according to a specified smart contract. The smart contract manages three allocation methods: quarterly allocation, toll bridge destruction and toll bridge claims.

2.1. Sale of tokens

  • Public sale of tokens: fully unlocked at the TGE.
  • Short-term round: 20% unlocked at TGE, then 20%+ toll bridge unlocked quarterly.
  • Long-term round: 1 year lock, then quarterly unlock.

Toll bridge formula = 100 = [(100 – x) * (0.75 * (360 – z)/360)) + 10*(z/360)]

x = Vesting schedule

z = TGE start time

DAOMaker: Tokenized Startup Incubator and Fundraising Platform

2.2. Token Allocation

  • Team: 1.5 year lock-up period with 12.5% quarterly vesting average.
  • Advisors: 1.5 year lock-up with 12.5% vesting quarterly.
  • Foundation: 2-year lock-up with 14.28% unlocked quarterly thereafter.
  • Mergers & Acquisitions: 5% unlocked after 5 quarterly lock-up period, then 10% unlocked after 6 months, then 28.3% unlocked every 2 years
  • User incentives: 3 month lock-in period, unlocked based on platform usage.
  • DAO Managed Foundation: 3% unlocked after 12 months, then 5% released after 4 quarters, then 8% released after 4 quarters, then 9% released after 5 quarters.
  • Ecosystem (community) incentives: 7.5% unlocked after 12 months, then 2.5% unlocked every month thereafter
DAOMaker: Tokenized Startup Incubator and Fundraising Platform

IV. 合约


存储库: https://github.com/daomaker/tokens-vesting-contract/tree/master/contracts

V. 联系方式

官方网站: https://daomaker.com/

Instagram: https://www.instagram.com/thedaomaker/


Twitter: https://twitter.com/thedaomaker

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/daomaker-tokenized-startup-incubator-and-fundraising-platform/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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