A Decentralised Autonomous Organisation (DAO) allows users to create a set of actions in the crypto market without observation from a governing body. Dogetti (DETI), Uniswap (UNI) and Apecoin (APE) brilliantly use DAOs. No CEO can manage or operate your funds, so you’re your own authority! What do these three DAO cryptocurrencies have to offer and why are each of them special?
Dogetti – The Emerging Crypto
Dogetti (DETI) is a rising meme coin, similar to Dogecoin (DOGE). There’s a twist though. It centres around mafia dogs! With the coin being built on the Ethereum (ETH) network, this allows you to trade with ERC-20 tokens (using DogettiSwap). Dogetti is growing its community (to help keep every one of them involved); they call it ‘the family’. It grants family members to connect and interact with each other, whilst investing. On top of this, DogettiNFTs opens a portal for users to collect digital Dogetti puppies (too pawesome). DogettiDAO gifts users with rewards when contributing to trading, whilst having no one else manage your projects.
As it’s newly opened and in presale, Dogetti is rising in popularity (a huge potential!). You can buy your very own Dogetti coin here.
Uniswap – a substantial DAO crypto
Based on its decentralisation and open source, Uniswap (UNI) utilises smart contract functionality. Also, it has an automated market maker (AMM) which grants users to buy and sell digital assets without any authorisation from a third-party intermediary. With Uniswap DAO, it’s the highest-rated DAO (based on the amount in the treasury). Uniswap had introduced the governance token in September 2020. Users can trade with the token, whilst shaping the protocol; leading to a potential to profit and shape the future of Uniswap.
Uniswap has given users the freedom to trade without having a leader watch over them, whilst changing its future. This creates a promising potential when investing.
Apecoin – A Growing Token
Apecoin (APE) promotes an ERC-20 governance token, a familiar approach to Dogetti (DETI). Its goal is to establish a decentralised community with its drive to contribute to Web 3.0. Bored Ape Yacht Club, the popular NFT project, had inspired Apecoin to be formed. Based on its goal to revolutionise Web 3.0, Apecoin’s ideal intention is to exhibit art, games, entertainment and events. Joining Apecoin guarantees you to be a part of the exclusive content. Members who are a part of the Apecoin DAO have the opportunity to make decisions with its Ecosystem Fund, without any observation of a central authority.
DAO is conclusively proven with Apecoin! It gives you the potential to possibly benefit when investing, on top of its decentralisation.
The Three DAO’s
DAO cryptocurrencies continue to flourish in the market, thanks to allowing the community to utilise the protocols without a third-party intermediary. Dogetti (DETI) is progressing with its presale and dedication to supporting its family. Uniswap (UNI) and its AMM sparks a well-estalblished DAO. Apecoin (APE) uses DAO to reinvigorate Web 3.0 and its exclusive content. Each of the three cryptocurrencies has singular and yet special traits, which creates a sense of anticipation for the future!
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