SAN FRANCISCO, CA / ACCESSWIRE / April 20, 2021 / TRON And DAO Maker have announced a new strategic partnership, opening the door for all DAO Maker services to become accessible on the TRON blockchain. Additionally TRON projects can now participate in DAO Maker's SHO's and community.
DAO Maker is an incubator that leverages the power of Social Mining and omnipresent exposure to help projects acquire a community, and then uses the project's token to convert the community into value-adding and value-assessing members of a DAO.
Through the new partnership with DAO Maker, TRON has added another incubator project to its growing ecosystem. This collaboration will offer new opportunities for DAO Maker allowing them to tap into TRON's growing community and vibrant ecosystem. With some of the lowest transaction fees and high scaling potential TRON is exploding as a force to be reckoned with in the blockchain space, especially for decentralized finance solutions.
DAO Maker will allow teams building on TRON to raise funds through its Strong Holder Offering. A Strong Holder Offering is a fundraising service for public rounds. It uses chain analysis, proprietary user activity data sets, and assessment parameters to detect which allocation applicants are the best fit for a project. SHOs manage the allocation of a project's most unlocked tokens. They are designed to seed communities that add value in alignment with how the project team perceives value. A SHO allows a project to build a community with the ‘precise' type of holders the team wants. DAO Maker's community will also be able to participate in SHO projects that will launch on TRON.
"We are excited to be partnering with an industry leader like DAO Maker to bring cross-chain community incubation and fundraising to TRON" said Justin Sun, founder of TRON and CEO of BitTorrent. "This partnership is part of TRON's commitment to its community to expand the functionalities of the blockchain through world class strategic partnerships."
The first TRON SHO will be announced soon, with more to follow. Stay tuned!
About DAO Maker
Founded in 2018, DAO Maker creates growth technologies and funding frameworks for startups while simultaneously reducing investors' risks. DAO Maker provides leading solutions in community incubation, fundraising, and other growth-related techs for tokenized businesses, featuring Social Mining SaaS for community growth, DYCO & SHO for fundraising support, and upcoming Venture Bond & YieldShield to create safe environments for retail investors.
TRON is dedicated to accelerating and the decentralization of the internet through blockchain technology and decentralized applications. Founded in September 2017 by Justin Sun, the company has delivered a series of achievements, including MainNet launch on May 2018, network independence on June 2018, and TRON Virtual Machine launch on August 2018. July 2018 also marked the acquisition of BitTorrent, a pioneer in decentralized services boasting approximately 100M monthly active users.