The Cryptonomist interviewed Chris Zaknun, CEO at DAO Maker.
Chris Zaknun: the interview with the DAO Maker CEO
DAO Maker is building the go-to platform for retail venture investing in shares and tokens. Over the past 3 years, DAO Maker has grown one of the largest ecosystems of quality retail crypto users and has reached 200,000+ KYC’ed users. They have been building a suite of services to attract high-quality startups to join the ecosystem and be accelerated in a decentralised, safe, and autonomous environment.
Over a large portion of the last decade, Initial Coin Offerings (ICOs) have helped democratize IPOs in the context of cryptocurrencies.
However, as more and more of these offerings went live without any working products, the space became increasingly plagued with scams and rug pulls.
Initial Dex Offerings (IDOs) were developed to help counter this problem, using launchpads to facilitate the sale of numerous quality tokens over the last few years.
As things stand, IDOs are now considered the primary mode of fundraising for many new projects in the crypto market, with various launchpads completely revolutionizing the IDO sale process for the better.
Can you tell us how DAO Maker has grown and changed in 2022?
DAO Maker has grown from strength to strength, as we have incubated several quality projects this year that are redefining the digital asset sector. For example, earlier in 2022, we facilitated the launch of one of the biggest tokenization events in history, aka SweatCoin. The project already has over 100M users and is one of the top fitness applications across the Android and Apple app stores. Not only that, the Sweat ecosystem already boasts more than 13M wallets within just a few months’ time — an impressive feat, to say the least.
Moreover, we recently introduced ‘Farms & Vesting Contracts’ services for our clients, allowing any token that wants to set up a farm to do so in a quick, simple fashion within our platform. However, projects must undergo a rigorous verification process to be verified and visible. Lastly, in the near term, we are looking to provide a transparent, permissionless process for companies using our existing protocols.
DAO Maker launched on snapshot earlier this year. How is that going?
Following a community-wide poll that closed on August 25, DAO Maker’s proposal to transition to the Binance Smart Chain (BSC) — rather than stay on the Ethereum network — witnessed an overwhelming amount of community support (i.e., 87.31% ‘for’ versus 12.69% ‘against’). Furthermore, before the proposal went live, we announced our decision to utilize Binance Custody, a tailor-made crypto custody service designed to be secure, compliant, regulated and insured. To elaborate, we are now using Binance’s above-stated custody offering for our marketplace and launchpad, which enables us to safeguard our clients’ assets and ensure that they comply with all relevant regulations.
What have been the most exciting projects on DAO Maker this year?
In addition to SweatCoin, we have ventured into the metaverse space, supporting the continued growth of projects such as Victoria VR, a lush metaverse with highly immersive environments and photorealistic graphics. The project is powered by the future-ready ‘Unreal Engine’, granting users access to a virtual ecosystem where they can work, trade, create experiences, explore detailed landscapes and participate in various games — all while retaining complete ownership of their in-game assets.
Other projects we have recently helped polish and make market-ready include Skeb, a Japanese commission platform with over 113,000 native creators. The marketplace connects a global base of Japanese art and content enthusiasts while eliminating any intermediaries; My Master War, an offering that helps bring traditional game experiences, Play To Earn, DeFi to NFT collectibles, and more.
What upcoming projects are launching on the DAO Maker Crypto Launchpad?
We have several exciting projects in the pipeline. One is Moverse, a Web3.0-centric fitness and social lifestyle app that uses multiple financial models (including Move To Earn, Engage To Earn and Play To Earn) to incentivize users to become more physically and mentally healthy, as well as financially sound. Another project is Web3Games, an integrated platform for everything related to blockchain gaming; we also have Muon Network, a distributed supercomputer that utilizes a universal operating system while at the same time being governed by a global community of node operators.
Other noteworthy projects include Engines of Fury, a battle arena game featuring highly realistic graphics and addictive single and multiplayer gameplay modes; Codyfight, a gaming ecosystem that uses the Create2Earn economic model (where players are afforded the ability to create, engage and play with one another in a competitive environment); and Omnia, a decentralized infrastructure protocol designed to provide users with secure access to the sprawling blockchain ecosystem.
What are the future plans for the DAO Token?
In the near to mid-term, we aim to bring more utility to the DAO Token, affording holders even more governance rights — especially as the ecosystem continues to flourish and mature.