DAO Maker, a platform for retail venture investing in equity and tokens, has developed a new tool called Public Strong Holder Offering (SHO) to help blockchain and cryptocurrency firms raise funds. DAO Maker has opened the floodgates to an unprecedented amount of market liquidity with this Public SHO.
SHOs are a method or service that uses a set of procedures to choose real investors for crypto project funding. SHOs, for example, look at on-chain data, user behaviour, liquidity provider (LP) status, and past project interactions. These data sets aid in the selection of the correct type of investor for a particular business, as well as the development of a community around the enterprise. Investors can also request a refund if the projects fail to meet expectations and the developer team fails to deliver.
DAO Maker’s Public SHO concept is a first-of-its-kind innovation in the cryptocurrency investing sector. DAO Maker makes fundraising operations accessible and open to a wide range of cryptocurrency owners. Any EVM-compatible network user who has completed the KYC process and has $2500 in crypto in their wallet is eligible to participate. The programme develops a profile based on the wallet behaviour of the user. Depending on wallet usage, projects can choose investors from defined groups such as DeFi, NFTs, and GameFi.
The ‘Freemium’ and ‘Premium’ services are separated in the DAO Maker Public SHO. While the former is ‘free,’ premium access necessitates the possession of $DAO tokens. To upgrade to the Premium edition, users must invest at least $2000 DAO tokens in the DAO Vault. Premium DAOs, obviously, have a better chance of winning bids and receiving a higher amount of funds. However, DAO Maker usually picks the winners of the Public SHO using a sophisticated on-chain analytics engine.
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