Proposal: Whitelist DAO Maker (DAO) with 100,000 BNT Trading Liquidity
DAO Maker is an excellent project. Its focus is on the “start-up” phase of tokenized projects, which has been a stubborn issue since the ICO era. The project aims to further decentralize the venture capital and reduce the financial risk for both investors and the token project. It is a healthy influence in crypto, and the industry is better for the service it provides.
Importantly, there is room for further collaboration between DAO Maker and Bancor in the future, as fledgling token projects progress out of their incubator phase and start to establish liquidity alongside their peers. Think of Maker DAO as the “training wheels” of establishing a token, where the first holders get access to it, and distribution can begin in a healthy, quasi-limited fashion. Then, when it is ready, Bancor could become the next stage of its market development. You don’t have to squint very hard to see how this could become a natural graduation into whitelist status, especially with the additional features (such as external IL protection) offered by Bancor3.
The customary Tweet from the team has been confirmed from their main Twitter handle. therefore, the automaton will vote FOR the whitelist status of DAO Maker.