Decentralized Crypto DAO: Autonomous Organizations, or DAOs, support many of the most promising projects today. Based on community management, they allow decentralized, democratic, transparent, and autonomous control. Crypto DAO projects are multiplying, and it is not always easy to determine which ones are worth investing in. We have, therefore, screened 20 crypto DAO projects that show good growth prospects.
Chimpzee (CHMPZ): Hold Chimpzee tokens and NFTs and share platform profits
Chimpzee is a project that helps fight against deforestation and poaching. But to stand out from the rest, it makes things much more fun and profitable for the investor. Indeed, this project offers you a Chimpzee Shop in which you will always find unique and exclusive items. For any purchase, the store rewards you with CHMPZ tokens. In addition, part of the profits are used to finance ecological projects.
In addition to Chimpzee Shop, you know Chimpzee NFT MarketPlace. This NFT exchange is probably one of the reasons why Chimpzee is one of the best DAO cryptocurrencies. Indeed, using this exchange often enough allows you to get some of its profits. Investors who hold a Chimpzee NFT Passport will have even more bonuses and rewards.
Finally, Chimpzee offers you a game, Zero Tolerance, in which you are a vigilante who must put poachers out of harm’s way and save endangered species. Of course, the best players will receive several rewards in the form of CHMPZ tokens. If you use an avatar or NFT Chimpzee, you will be stronger in the game and earn even more cryptocurrencies.
You can now get your Chimpzee avatar or NFT more easily by participating in the Chimpzee presale. The presale has just started, and the price is still meager. You can buy up to 1562 CHMPZ tokens with one dollar. In addition, by buying during stage one of the presale, you benefit from the best interest rate for staking.
Copium: Investing in a project of the future
A few hours after its official launch, $Copium became the talking point of the NFT community on Twitter. After a hasty takeoff, its price skyrocketed. Indeed, on May 18, 6:00 p.m. CET, we inaugurated the arrival of the crypto DAO of the future. Thirty minutes after the first negotiations, financial analysts recorded a 400% increase. According to the same analyses, 3.99 million dollars of tokens have already been liquidated when we know that 1,000,000,000 tokens will be circulated, including 300,000,000 tokens available for presale (33%).
Less than an hour later, a holder allegedly purchased $17.8 million of COPIUM. Buying pressure is increasing. And to say that this is only the beginning because the price will continue to rise in the next few days. Regardless, $Copium achieves (at the time of writing) a market capitalization of $9 million.
Therefore, The presale is open to all who wish to ride the wave and be among the first holders of $Copium. Regarding the end of the presale, no details have yet been revealed. In any case, specifying that only 10% of your assets can be mobilized is helpful. This is to avoid all kinds of dumping.
One thing is sure: the $Copium project is worth it. It has every chance to become the best crypto DAO project soon. However, regardless of its type and particularities, a cryptocurrency remains a very volatile asset. You can win as much as you can lose in a very short time (even a few seconds). Additionally, $Copium is a token that is only a few hours old. He has to prove himself to bring out his full potential. However, if you want to acquire low-price tickets, now is a good time.
ApeCoin: A Best-in-Class Web 3.0 Ecosystem
The Apecoin (APE) NFT Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), or Bored Ape Kennel Club (BAKC).
On April 30, the Yuga Labs teams launched their highly anticipated metaverse, Otherside. On this occasion, a new collection of NFT was born (Otherdeed) and met with immediate success. It was such that it had caused, as we remember, an explosion of gas costs on Ethereum, which did not fail to unleash criticism.
Last July, 4,300 NFT Otherdeed holders embarked on the first journey within the Otherside metaverse. On this occasion, Apecoin jumped more than 31% in 24 hours. The Web3 ecosystem developed by Yuga Labs is the subject of the most excellent attention from a large community of fans and investors.
Apecoin benefits from this enthusiasm and has undeniable growth potential. After a record level of 26.70 dollars reached last April, the APE has now crossed the threshold of 5 USD downwards, offering investors a tremendous investment opportunity.
Finally, the DAO Apecoin has demonstrated, on many occasions, an interest in community governance and has spoken out on various significant orientations of the project. For example, the APE holders chose to keep the token on the Ethereum blockchain last June.
Aave: a DAO for borrowing and lending cryptos
3Aave is a decentralized finance protocol that allows users to borrow and lend cryptocurrency without the need for an intermediary through smart contracts. It was initially developed on the Ethereum network and has since been extended to other blockchains, including Avalanche, Fantom, and Harmony.
The DAO Aave currently has nearly 121,000 members and AAVE token holders. In addition, two independent DAOs are also part of the project ecosystem. The first, the Aave Grants DAO, is a community-driven grant program that allows developers to fund their ideas.
The second, the Aave Risk DAO, focuses on protocol risk mitigation decisions. This notably involves choosing the new assets to be integrated into the project or those relating to protocol upgrades.
The Aave community also manages a treasury valued at over $182 million. AAVE, the project’s governance token, is in the top 50 largest cryptocurrencies by market capitalization.
The crypto Maker: DAO allowing the control of DAICrypto DAO
Maker DAO is an open-source project based on the Ethereum blockchain and has been constituted as a decentralized autonomous organization since 2014! The holders of the project’s governance token, the MKR, manage the Maker Protocol as well as the financial risks of DAI.
DAI is a decentralized, dollar-backed stablecoin covered by an excess collateral system whose transactions are visible on the blockchain. The Maker protocol allows users to create DAI tokens under conditions established by the DAO (stability fee, collateral rate, etc.).
MKR token holders’ proposals relating to the modification of the Maker protocol. In addition, anyone, MKR holder or not, can submit new proposals to the community.
MakerDAO has entered into hundreds of partnerships and has one of the largest communities of developers today. The project was also one of the first drivers of decentralized finance (DeFi) as we know it.
Lido DAO: providing staking solutions for Ethereum crypto DAO
Lido is a staking solution for Ethereum 2.0 that aims to solve the liquidity problems frequently encountered by service providers. It allows users wishing to stake ERC20 tokens without a minimum investment and in complete security.
The smart contracts by the specialized audit companies Quantstamp and Sigma Pride. In addition, the DAO Lido members regularly check the protocol’s effectiveness and stability.
In addition, in addition to decisions relating to the project’s technical development, LDO holders can recruit new members and validate the integration of node operators.
Current in staking thanks to the Lido solution. The project also has Aave, Curve, SushiSwap, and FTX among its partners and users.
The Lido solution has been used for many years due to its reliability and the quality of its performance. Therefore, the LDO offers a great investment opportunity and will likely reap substantial profits in the medium term.
Dash: fast and decentralized payment networkCrypto DAO
Offers a quick, easy, and inexpensive payment method based on a secure and decentralized peer-to-peer network. DASH is now a practical alternative to cash and credit cards, particularly in regions where access to traditional payment systems is impeded.
The project teams have developed a mobile application, Dash Direct, which allows users to make instant online payments with more than 159,000 retailers. Doing so, no fees are charged. In addition, saving up to 12% of your purchases is possible by making them on the application.
In addition, DashPay Wallet will soon see the light of day and allow users to transfer funds through an intuitive interface that integrates a social dimension. For example, it would be possible to synchronize contacts to interact with them and make refunds or various payments.
Compound: A DAO for Higher Crypto InterestCrypto DAO
Compound Finance is an open-source, decentralized algorithmic interest rate protocol based on the Ethereum blockchain. This is where investors can borrow and lend cryptocurrencies.
When a deposit can be exchanged for the initially blocked cryptocurrency, as a result, lenders can dispose of their funds at any time and without restriction.
In addition, when an investor interacts with the platform, whether to lend, borrow, or withdraw funds, he receives, as an incentive, a reward in COMP. The COMP is the service and governance token of the Compound project. Its holders can, therefore, decide, by vote or proposal, on the orientation of the protocol.
On August 26, the Compound III update launched. It promises more security and efficiency and offers an improved user experience. In addition, a new risk mitigation system makes it possible to secure the funds loaned optimally.
Uniswap: one of the best decentralized DeFi protocolsCrypto DAO
Uniswap is that allows the exchange of ERC20 tokens on the blockchain. It currently has a total trading volume of over $1.1 trillion.
Unlike many protocols that employ an order book system in processing trades, the project relies on an automated market maker (AMM). More than 300 projects use the Uniswap protocol, such as TrustWallet and Enzyme: finance, MetaMask, Kyber Network, or Aave.
The Uniswap protocol is community-managed by UNI token holders. The latter are the fees applied by the protocol, etc.
According to data provided by Etherscan, there are currently 321,000 UNI token holders. Uniswap is one of the projects that continues to demonstrate community management’s benefits. The Uniswap DAO has already made it possible to initiate significant changes, notably by creating the Uniswap Foundation or moving to version V3 of the project.
Deelance: The ideal solution for freelancers Crypto DAO:
As blockchain technology changed as we knew it a decade ago, the freelancing industry has grown tremendously. With this unprecedented progression, it is not surprising that the blockchain intends to take the self-employed by storm.
Since the advent of the health crisis linked to COVID-19, the freelancing sector has experienced exponential growth, with an ever-increasing number of people ready to practice their profession remotely. Market trends confirm this, showing a significant increase of 41% in self-employed workers over the current period.
The real revolution of Deelance lies in the possibility that the platform offers to remunerate freelancers directly using cryptocurrency payments. In this way, freelancers can be protected and be sure to, thanks also to the use of the “escrow” service of escrow.
Additionally, recruitment fees on the platform are meager, capped at 2%, making it the lowest rate in the entire freelancing industry. These reduced fees are possible thanks to integrating blockchain technologies into the DeeLance platform.
Until now, recruitment was done conventionally. Technological advances have caused considerable disruption in the digital landscape at breakneck speed. In this context, Deelance comes into play by integrating the concept of metaverses on its platform.
Crypto DAO projects benefit from the many advantages of decentralization transposed to management. Transparent, autonomous, and democratic, the DAOs continue to confirm their interest in the growth of a project boosted by community management.
In addition to actively engaging, in most cases, leads to informed and fruitful decision-making.
We have presented you with 13 projects which, according to our predictions, are likely to see their prices rise significantly in the coming months. Crypto DAOs are a must-have for any well-constructed portfolio today. They promise investors to generate substantial profits over time.