Finance News

Story: Revive ICO with DAOICO. Is the Crypto Verse ready for a DAO Powered ICO 3.0?

By Ayobami Abiola

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Moving Forward with ICO 3.0 or DAOICO 2.0?

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If you have been watching cryptocurrency long enough you should have witnessed the days when projects initialize by sharing their vision on Bitcointalk.org.

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Aside from this, enthusiasts and small scale investors are reading through and able to make your project known.

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Decentralized Finance platforms came to the scene through projects like Bancor and Uniswap in 2018 upwards and gained even more visibility in 2020.

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DAO suggests that all decisions that will be made concerning a project should be voted in by the community according to the number of tokens held by each member.

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For Sushiswap, several discussions took place from which the proposals to be voted came. 

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Many huge projects today use this same method to vote proposals. Stellar recently implemented its Stellar Community Fund 2.0 which utilizes community vote to fund projects.

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The Blockchain ecosystem is getting more and more experienced each day. Results over the years have shown that the success rates of projects which are jointly approved, or…

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We believe it is time for blockchain foundations e.g. Binance Smart Chain, Digibyte Foundation, Xinfin Blockchain, Stellar Foundation, etc.

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This is a very great idea for exchanges like Binance who are looking to establish their presence in the Decentralized world.

The Currency Analytics

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