Daomaker
All About the Main Crypto Trends 2021 (IDO)Today, the cryptocurrency market is undergoing very good times: Bitcoin 60k, Altseason, for 4 months already many projects have been updating their historical highs, the popularity of DeFi , NFT , as well as now the IDO boom, as there were an ICO and IEO at the time.
What is the difference between IDO, ICO, and IEO?
IEO and IDO in general are the same, except for the platform that hosts the fundraising process. Speaking of ICO - a project takes full responsibility to manage transactions and operations on an inner platform. If it’s IEO - a centralized exchange host the “ICO” in-house. IDO is the ICO and IEO both in one, but a centralized exchange is replaced with decentralized.
IDO has a great advantage on IEO because for IEO you need to pay exchange fees, which is raising up and up as the market develops. For IDO you do not need anybody’s permission. It's a synonym of decentralization - instead of exchanges, community members are the ones who vet projects and tokens. It opens new horizons.
Unlike 2017 (ICO time), platforms have appeared that select options and provide an opportunity to invest in projects such as Coinlist, Poolz, A2DAO, DAOMaker DuckDAO, Binance Launchpool, etc.
Bulk has been active on the market for over 4 years and has attracted millions $ to fund seed and private rounds.
Expected to be released of a similar platform soon — Bulk Network . They have impressive examples where they have participated in such startups. As a rule, such projects have turned a profit.
New projects give such platforms small allocations to raise funds in which many want to participate. Allocation is an allotment of tokens or equity, that may be earned, purchased, or set aside for a certain investor, team, group, organization, or other related entity. This happens in the form of a lottery. Usually, the retail investor is allocated from $100 to $1000 since the demand is very high.
Last time on Coinlist there was a queue of 400 thousand active accounts to take part in Casper. It was crazy
The market is bubbling. There are many opportunities to make money.
Naturally, investing is fraught with risks, so use money management.
Best regards EXCAVO
DAO Maker Could Drop As Low As $4.81 During This CorrectionI'm looking at the DAO/USDT chart and making an educated guess on the bottom for DAO Maker during this correction.
My buy target will be set just above $5 to give a little cushion, but I believe that this could drop down to $4.81 if BTC continues down to $47k or even $43k over the next few days.
It's a great buy for the long-term as they are only just getting started with their growth plans and marketing.
Grab some at $5 if you can and enjoy the next run up!
Dao Maker Seems to Have Limited Upside, But Will Go UpThe upper limit seems to be the longer term pitch fork resistance. It hit it almost perfectly the last ATH.
It just broke through a shorter consolidation triangle and has upward momentum, there are a few roadblocks to setting ATHs again.
My plan is to buy at $7.80 and sell 75% at $8.40. This will add to my long-term stash almost free.
There is also a TON of seller in the upper $8 range in the market depth chart.
I'm really bullish on what they are doing at Dao Maker long-term. Good team and solid business plan.
I just don't want to carry a lot of risk since someone could theoretically unstake and dump it all post any of these launches.
I'll add where I can and if it can back off that upper line a bit, I'm more interested in keeping more.
DAO Maker - March targetsDAO Maker successfuly launching decent projects by its SHO social mining model. During the recent @MyNeighborAlice many investors turn 500$ into 100ks within seconds. New projects like $DAFI in and $ALN in the pipeline. I expect at least 100% return within next weeks as the $DAO getting more spotlight effect within the crypto community.
Is This The Way of the Dao?I'm going out on a limb here, because obviously there is so little information on this chart, BUT...
Three rising valleys: Three lows, the following higher than the proceeding, with two ascending tops. It looks a lot prettier on the 12 hour chart.
The Fib points match the channel as well... and I this is the first time that I have been able to use the Fib Channel Tool, so, YAY!
Normally, this would be very bullish, but since we don't have any history, we have to work with what we have.
Very high risk, but could be very high reward in a very short amount of time.