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What criteria does DAO Maker use to determine the tiers of cryptocurrency projects?

avatarmentallydevDec 25, 2021 · 3 years ago1 answers

Can you provide more details on the criteria that DAO Maker uses to determine the tiers of cryptocurrency projects? What factors do they consider when categorizing projects into different tiers?

What criteria does DAO Maker use to determine the tiers of cryptocurrency projects?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    DAO Maker, a leading platform in the cryptocurrency industry, follows a comprehensive approach to determine the tiers of cryptocurrency projects. They consider multiple factors, including the project's technology, market fit, team, community, and tokenomics. The technology aspect focuses on the project's innovation, scalability, and security. Market fit refers to the project's alignment with current market demands and its potential for adoption. The team's expertise, track record, and ability to execute are also crucial factors. DAO Maker also evaluates the project's community engagement, including the size and activity of its community members. Lastly, tokenomics, such as token distribution and utility, are taken into account. By considering these criteria, DAO Maker aims to provide a fair and comprehensive assessment of cryptocurrency projects and assign them to appropriate tiers.