Best DAOS. Are DAOs legit? What is a crypto DAO?
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DAOs explained
Are DAOs real?
OlympusDAO pays 4,000% APY.
An eye-watering number by any measure.
However, in the world of DAOs, 4000% is basically chump change.
In the last week, I’ve spent a lot of time researching these projects..
And seeing returns of 500,000% to 4,000,000% feels like I’m looking at internet pop-ups from 1998.
The truth is many of the DAOs out there are in fact scams.
And these organizations have become the newest way to lure eager investors into rug-pulls.
But I don’t want to ignore the space completely – because the tech at play here could go so far as to redefine not just finance… but the way we organize communities in general.
DAO definition
This is a Decentralized Autonomous Organization,
You can think of this as the blockchain equivalent of a horizontally structured community. A blockchain commune, if you will.
Or as Forbes describes it… “an internet community with a shared bank account”.
The idea is a community where no one member influences what the organization does without the consent of the majority.
Most DAOs have their own governance tokens, which act as a sort of voter’s ID in currency form.
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*I am not a financial advisor. This is not financial advice*
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A ponzi is a ponzi. Stop being delusional 🙄😒
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Degen central
Bro you are legitness
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11:16 So "WarOnRugs" turned out to be a rug pull, huh?
Is klima dao actually related to the reduction of co2
Ahhh Sir.Max. 25 is a truly awesome time in life!! I have some "OLD GUY ADVICE" for you to add to your list of personal goals. I guarantee you'll never, EVER, regret it : Make a point every day, at least once, to specifically identify something, a moment, a feeling, a view, a flavor, … just something that makes 👉🏼 YOU feel your very own contentment WOW! feeling. Savor it !! It's one of your "CONTENTMENT GEMS." Collect those little beauties up and very carefully save em. They are life's true and real profits. The one who dies with the most "contentment gems" is the real WINNER !!! Trust yur old guy on this one!!
Here is my big issue I personally see with dao’s with high apy cant whales throw in millions of dollars get crazy apy pull there money out make off like a bandit and tank the value off liquidity pull?
Thank you Max, it is a fair and extensive to the point analysis that you gave. I see that the two main DAOs Wonderland and Olympus going well and they gain stability and trust. Especially the Wonderland gaining the trust of the investors and as we can see the community activity is high and the interest for continuous improvement, further empowerment and new ideas is obvious. I believe that the team and the frog nation will be at the top lines of the market in mid to long term.
Tell me why PayPal DAO rallied so hard on dextools then stopped and no one sold?
Damn.. really thought this video was about Dragon Age 🙁
#EOS is the best example for DAO of DAO's
But why do these DAOs exist? what is their function?
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this new pulsex thing richard hart does where you sacrafise hex looking at how much has already been sacraficed if richard puts in pulse x to your value that would make the market cap sit at same level has doge coin and the big amounts are likly to come after when it starts to go less in value has they wait for hex to go up before sacraficing.So would it not be better just to buy hex and sell at snap shot and put profit into ufo or valas
SHIB DAO on the way
Well the global economy is from a perspective also a ponzi. Dependable only on more and more people.
Great video as always, Max quick question. For DAOs or even other passive income options like Staking and Yield Farming, how much minimum need to be invested. On average.
abit slow on this one max..
What about Metaverse Pro
I usually don't do this… but I wanted to share this with the crypto community as a whole and specifically those invested within Dao's. I have done extensive research into countless projects… and to be honest its difficult to find a Dao that can, that will thrive short term and long term. In the past few weeks looking over a ridiculous amount of whitepapers and roadmaps I have come to find a hidden gem, a diamond in the rough that is undervalued at this moment and is YET to be released. Let me be clear when I state that PALADIN DAO will set the standard for any and all Daos created thereafter. I'm not saying you need to do this… all I'm saying is. Keep your eye on it, and when it gets close to release, and your even slightly interested like I know most will be… Don't sleep on it. Happy New Year everyone!
Max, what do you think about merit circle?
Agartha.money is king. such small supply and market cap! buy in now and lets moon!
I wish this video was out last month 😭😥
Any one else in on the Galaxy Goggle rebase??
Do these exchanges that allow DAO in their platform Like binance, blockfi et al. do any due diligence and what are the requirements for them to enter?
Always feels good learning about crypto from Edge😂😂
How do you feel about WAGMI Euphoria?
Was wondering about HeadDAO
It's a bit sad that you name (very real) scammer aspects and then combine them in this video to the two most reputable definitely-not-a-scam projects. That's needless fudding.
You scroll by snowbank (rug), while talking Wonderland (good).
Not okay framing.
Try looking at the BSC Templar DAO
Does negative means then you have to pay money again?
I'd rather try and fail then not try at all and wish I did
Mark Cuban invested in Klima DAO
When we asked our followers from different platforms what is your immediate financial goal, most of them said that they want to make their first million. So that’s what we’re doing today.
like and comment just cause of the alpha
All the daos are scam and ponzi. Never invest in it unless you want to lose all your money
Im in Jade protocol yes the price is tanking and a huge gamble but devs seem to be good and have a huge community. I also love bsc, hoping the price of jade recovers over time
Titano DAO is one of my favorites. 1st auto staking program out there
Max, Could an NFT be linked to a real life asset, like a car being used for rental revenue?
Investors buy the NFT/car and receive monthly “returns” from me renting it out?
speaking well about kucoin because of you i lost the money h***. Kucoin=scamers
Sounds like communism
I think you mean ponzi schemes
Hey Max. What's your thinking about SOS ( Open dao)??
Greetings from Germany!
Maker dao will make u a Millionaire
it's definitely a ponzi but the difference is the ponzi doesn't run away with the money but puts back the money into the project. What I like about wonderland is that I can see the wonderland wallet that holds the treasury and can monitor what they actually do and they don't touch the treasury.
I also like that the the creator of wonderland had a previous project that was hacked 25 million dollars and the creator paid 25 million back to the investors.
oddly that guy saying 'maybe' to is it a ponzi scheme makes me a bit more comfortable, I mean if he knew it was he'd have went with "oh heck no it isn't"
Dragon Age Origins! Amazing game!Top!