DAO Labs, Pioneering of Social Mining and ILO
DAO Labs brings a unique and interesting concept regarding social mining DAOVERSE as well as the ILO (Initial Labor Offering) as a form of support for the retail investor community and the tagline “kill VCs”.
The development of the world of blockchain and cryptocurrencies has experienced very rapid development in the last few years. The valuation of some crypto assets has even outperformed many multinational companies.
It also makes many investors to invest their capital, both institutional investors and retail investors. That’s why the development of the crypto world has become so incredibly fast because of the large number of investor support.
The magnitude of investor interest is also accompanied by the increasing number of individuals involved in the blockchain or crypto ecosystem. Even people who previously didn’t know trading in stocks can suddenly understand better about crypto trading, even more than that but also the various financial features that the platform provides.
That’s why in recent years various blockchain and crypto projects have emerged so rapidly. Even every week can launch a new project. Seeing this opportunity, DAO Labs emerged as one of the most dominant players.
DAO Labs has several advantages that other blockchain or crypto platforms don’t have. For example, the concept of Social Mining which moves by prioritizing the community and its role in social media, also called DAOVERSE.
Social mining has become a unique icon for DAO Labs, because it is so unique and interesting. Each member who has competence in their respective fields can contribute to advancing the ecosystem and community.
Is he a developer, designer, content writer, translator, influencer, and so on. As a reward for the member’s participation, DAO Labs provides prizes in the form of points and reputation.
The higher the points and reputation a member has, the higher the rank he/she has in the community, and the potential to earn rewards is greater. I also participate in the community as an influencer, designer, or content writer.
In addition to the social mining concept, DAO Labs also introduced the ILO (Initial Labor Offering) concept and its native token LABOR, a concept where retail investors who are primarily platform members will be prioritized to invest in a new project launched on the DAO Labs platform.
This ILO concept makes big investors like VCs and Whales less likely to contribute, so DAO Labs also carries the tagline “kill VCs”, an interesting concept indeed. I personally hope that DAO Labs can continue to grow and become a dominant player in the blockchain and crypto industry.
About DAO Labs
DAO Labs is a dApp research and development house with a global network of institutional investors, partners, and customers, helping organizations build next-generation governance infrastructures.
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