DAO1, a decentralized social, economic platform, becomes the latest addition to the YFDAI ecosystem.
As per the announcement, DAO1 will be launching its native ER20 utility and governance token through an Initial Launchpad Offering (ILO) on the YFDAI platform.
Leo Georgievic, the Chief Strategist at DAO1, explained:
“The DAO1 team is elated to be part of the YFDAI Launchpad. We couldn’t have asked for any better team than the great guys at YFDAI and their dynamic community to give us a good start. YFDAI is known for picking projects with huge potential and helping them get off the mark to become successful. We will be working closely with them to ensure DAO1 is a success, and along the way, we help many turn their vision into a reality,”
For the selection process, the DAO1 project went through an intense evaluation process to ensure all was in order. YFDAI experts checked the DAO1 business model, team, smart contract audits, and tokenomics, among many others.
DAO1 is a blockchain platform that offers financial products to persons within the crypto community and outside the ecosystem. DAO1 is based on the Decentralized Autonomous Organization (DAO) governance model. The DAO1 platform offers various services and products, including a Crypto Startup and Venture fund and a Decentralized Fund (DeF) with a hybrid advisory powered by Artificial Intelligence.
Notably, the Decentralised Fund (DeF) empowers the DAO1 community to stake any admissible coin or token with the AI instantly. This offers users guidance on the most practical projects to invest in for maximum returns. The Hybrid Advisory consumes market data from various sources in combination with the professional trading community’s technical analysis and trading practices to provide sound trading advice.
DAO1 has created room for hackathons and incubation programs to promote innovation in the blockchain market. The platform also offers DeFi solutions like yield farming and staking, allowing users to generate passive income. DAO1 has also created an NFT Charity initiative that empowers the community to pursue financial sovereignty.
YFDAI Finance is a DeFi project that seeks to bridge the gap between traditional and decentralized finance. The YFDAI Launchpad initiative was created to promote up-and-coming crypto and blockchain projects. The launchpad helps these projects create a solid token infrastructure.
YFDAI acceptance has helped DAO1 become credible among investors. DAO1 will soon announce the whitelisting process for its ILO on the YFDAI launchpad and the timeline for its token listing on Uniswap.
Official website: https://dao1.org/
Contact email: firstname.lastname@example.org