DAOBase
Most companies rely on centralized management systems, which can lead to errors in decision-making and reduce the objectivity of these decisions. There is also a risk that managers may prioritize their personal interests over the interests of the company.
DAOs (decentralized autonomous organizations) — organizations with a new management model that leverages blockchain technology and smart contracts to automate business operations. This system operates based on predefined rules, enabling governance through voting by the company’s token holders.
- Equal voting rights for token holders.
- Independence and autonomy of organizations.
- Automated management and elimination of intermediaries.
The trend of Web3 projects transitioning to DAOs is growing every year. For example, DAO Maker, the largest platform for project funding, has over 1.1 million users. More than $600 million has been distributed through its smart contracts, demonstrating strong interest in decentralized governance models.
However, the infrastructure for DAOs is still underdeveloped. DAO management tools are highly fragmented, tracking and analyzing information about various DAOs is challenging, and token holders find it difficult to participate in voting. To address these critical issues, the DAO Base project was created — the "DAO of all DAOs".
DAO Base — database of decentralized companies and the infrastructure supporting them. Leveraging advanced AI algorithms, the project aims to collect data on all DAOs and become a unified registry for verifying the reputation and reliability of decentralized organizations.
Users of the platform will gain access to more information for managing their DAOs, enabling them to make better-informed decisions. Those looking to establish their own DAO can explore governance principles and access the essential startup tools directly on the platform.
DAOBase.AI — major analytics platform and DAO aggregator:
- Seamless integration with 10 blockchains and 30 DeFi protocols.
- Data on >160 thousand DAOs available on the platform.
- 6 million token holders across all DAOs have participated in voting through the platform.
The project organizes organizational data, including social graphs, treasury details, governance metrics, and information about voting participants.
PLATFORM FUNCTIONALITY
DAOBadge
DAOBadge — innovative Web3 reputation system designed specifically for voting token holders. It is a dynamic NFT generated based on six metrics: analysis of social graph data, voting behavior, participation in governance, engagement with other users' proposals, delegation model statistics, and voting ratio.
- Verifying engagement in DAO governance.
- Filtering high-quality participants.
- Enhancing transparency and trust in DAOs.
- Encouraging active participation in voting.
AI agent
The project has developed an AI agent — management tool powered by data analysis collected on the platform. Designed for analyzing voting proposals and voter behavior, it assists platform users in automating management functions, distributing information, and performing data analysis.
- Reducing costs associated with manual DAO management.
- Simplifying information filtering and saving time.
- Lowering governance expenses.
- Enhancing operational efficiency and participation in DAO governance through greater automation and intelligence.
The platform also offers other useful features, such as DAO ranking, a DAO search engine, a DAO reputation system, and a voting proposal analyzer.
Team
17 developers based in Singapore and Hong Kong
- Mia Bao — founder and CEO.
Graduate of Zhejiang University, founder of Web3 projects DAO Base and BeepCrypto. With 7 years of experience in marketing and promotion, she has worked with The Sandbox, Animoca Brands, and NIKE.
X(ex.Twitter): @mialalala2 | LinkedIn: Mia Bao - Rad Zhao — chief technology officer.
10 years of experience in Java programming and 6 years in blockchain development. Former core team member of Huobi Global, specializing in payment module development.
Focused on Big Data, machine learning, and their intersection with blockchain technologies for 4 years as a data analyst and smart contract auditor.
LinkedIn: Rad Zhao - Ethan Yeh — senior developer, smart contract specialist.
Backend and solidity programmer with 7 years of experience. Blockchain expert and former employee at IBM.
LinkedIn: Ethan Yeh - Summer Zhao (Saya Lam) — head of marketing.
Graduate of Zhejiang University, previously worked at ByteDance (developer of TikTok). With 5 years in digital marketing and 4 years in the crypto industry, she is an expert in driving marketing strategies.
X(ex.Twitter): @0xSaya | LinkedIn: Saya Lam
The project boasts a strong advisory team, including:
- Roberto Ceresia — strategic advisor.
With over 20 years in the art business, Roberto transitioned to Web3 in 2018, focusing on NFT development on Ethereum. He is the founder of NFT collections 0ZU and Wrapped Cryptopunks.
X(ex.Twitter): @air_fishers - Alex Cheema — AI and technology advisor.
An Oxford graduate and founder of Exo Labs, Alex is an early AI researcher who has developed projects like ZKMicrophone, Graphite, and LLMDrift. He continues to explore AI capabilities and advance machine learning technologies.
X(ex.Twitter): @ac_crypto - Marco Moshi — DAO advisor.
As a leader at Polygon Labs in the Polygon DAO sector, Marco brings extensive experience in strategic partnerships, assisting the project with his connections and negotiation skills.
X(ex.Twitter): @ac_crypto
Investors
A strong lineup of investors led by Animoca Brands, with whom we are co-investing in the project under the same terms.
- Animoca Brands — venture fund that built its capital through investments in crypto games such as Axie Infinity, The Sandbox, and CryptoKitties. In addition to gaming projects, it is a lead investor in the well-known NFT marketplace OpenSea.
Animoca Brands is also a developer of mobile games, applications, and various educational products. Recognized by Financial Times as one of the fastest-growing companies in the Asia-Pacific region, the company's valuation exceeds $1 billion. - Outlier Ventures — crypto fund that has been investing in blockchain projects since 2014. It is renowned for being a key accelerator for crypto startups. Their "Base Camp" program regularly organizes thematic camps for early-stage developer teams, helping them grow their projects and investing in the best among them.
- SevenX Ventures — prominent Singapore-based crypto investment fund established in 2020. The fund studies current trends in the blockchain industry and invests in promising startups. It is well-known in the crypto community for its detailed analytical reports.
Portfolio includes: Near, Monad, Scroll, Arweave, Manta Network, DeBank.
Token Utility
The $DAOBASE token — core element of the DAO Base ecosystem, enabling its functionality.
- Used for all payments on the DAO Base platform and purchasing NFTs.
- Grants token holders participation rights on the platform and unlocks potential investment opportunities within the DAO Base ecosystem.
- Token holders can stake $DAOBASE to participate in community governance, gain voting rights, and make key decisions for the platform's development.
- Enables participation in events and conferences hosted on the platform.
- Allows token holders to earn rewards through liquidity mining, contributing to token liquidity.
Tokenomics
- Token ticker: $DAOBASE
- Total supply: 100 million
- Network: Base + Ethereum L1
- Our round: Аngel (the project's valuation in this round is $55 million)
- Estimated valuation at Public sale: $110 million
- Token price: $0.55
- Vesting: 10% unlock at TGE, followed by a linear unlock over 20 months.
- TGE: planned for early 2025
The token will be listed on top exchanges: negotiations are underway with ByBit and OKX.
Wintermute will act as the market maker of the project.
Social networks & links
🌐Website: https://daobase.ai/
💻X(ex.Twitter): https://x.com/daobase_ai
💻Discord: https://discord.com/invite/N6f25tPs9W
💻Telegram: https://t.me/daobase_ai
💻Blog (medium): https://medium.com/@daobase_ai
Why was the DAO Base project selected for #portfolio_InsiderClub?
- As of November 2024, the market capitalization of the DAO segment stands at $28 billion.
- There are 11 million governance token holders across various DAO projects, doubling the number from 2023.
- The total treasury assets of all DAOs amount to $27 billion, with $22.6 billion in liquid assets and $4.4 billion in vesting assets.
- Most startups plan to transition to DAOs in the near future, meaning the number of DAOs will grow rapidly: аnalysts predict that in the next 1-2 years, DAOs will become one of the main trends in Web3, similar to DeFi in 2020 and NFTs in 2021. This is due to their flexibility, transparency, and ability to automate processes using smart contracts.
Extended platform functionality: a single database of all existing DAOs, as well as the ability to obtain information about the reputation of a particular DAO.
A team with a strong background: work experience in large corporations The Sandbox, Animoca Brands, NIKE, Huobi Global, IBM, ByteDance (developer of TikTok).
Early stage investor support: Animoca Brands, Outlier Ventures, SevenX Ventures.
Favorable investment terms: Angel round (valuation $55 million), 10% unlock at TGE without cliff, estimated valuation of the project at Public sale - $110 million.