Why I decided to stake 50k ($150k) $DAO for 3 years?
Thread 🧵:
1. First of all, I remember when I started investing into ICO projects in 2015, whole crypto market was totally different place.
2. My first investment was DigixDAO $DGD
NO VCs
More than 80% of all tokens went to ICO investors.
It took 48h to sell all tokens ($5m).
In that time that was big surprise.
Media from all around the world were writing about them.
3. I thought that for the first time in whole financial history everyone will have the opportunity to invest in great companies at an early stage but.. time has shown how wrong I was.
4. Most of you probably remember 2017 ICO’s mania.
Investing in every ICOs was good strategy because most of them gave great investment results. Whole world felt in love with new way for raising money.
5. However, the market back then was totally different than it used to be in 2015. Less tokens for public investors, best deals were reserved for VCs and suddenly the worst happened…public investors became exit liquidity for venture funds.
6. Almost 5 years have passed since then and you know what…it gets even worse. Retails are fed like ducks with terrible investment deals and we humbly take what they give because their marketing convinces us to do so.
7. We need a change and it can come from the site of well-designed launchpads and DAOs.
8. Step App $FITFI is an example of how a project without support from VCs can achieve huge success in a short time (in this case) thanks to @TheDaoMaker
9. In just over a month, they created a community of over 100,000 followers on Twitter.
Moreover, after entering the market, they achieved a volume of several dozen million USD/24h
Finally and most importantly, the best investment deal has been reserved only for the community
10. All public ICO investors are sitting on huge gains - right now more than 12000% (>120x).
11. So can we imagine a future without VCs?
From the investors' point of view... HELL YEAH!
From the perspective of the projects that are sarching financing...I also believe that it is possible but they need good partner and i think that #DAOMAKER $DAO is a perfect choice.
12. @TheDaoMaker $DAO provides:
Access to huge crypto communities,
Token economy advising,
Listing on exchanges is much easier,
Wallet scanning technologies which helps in choosing the right investor profile (ex. defi investor, strong holder, nft collector),
KYC and AML affairs.
13. To sum up, it feels good to bet on a product that is, in my opinion, so much needed on the market in the long term.
In terms of the idea and the manifesto, it is very close to me.
14. In financial terms, it will probably turn out over time but since I staked my $DAO, I've already won two allocations.
For example, my whole $FITFI alocation (with vesting) is worth more than 200k USD.
What's more, every day I earn approx 34 $DAO (80-100$)
15. What more can I add more ... LONG LIFE FOR COMMUNITY ICOs and INVESTMENTS!
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