YFDAI DAO1 LaunchPad Project

Published on: 17.05.2021

YFDAI launches next LaunchPad project DAO1 to have its Initial Launchpad Offering conducted on Polygon Network thanks to the network’s near ‘zero-gas’ instant transactions and superb user experience.

DAO1 is a decentralized socio-economic platform offering innovative financial products for the community. With no central governing authority, the platform will feature original mechanisms managed by sustainable arrangements and cutting-edge technology with minimal human interference to maximize greater returns across its suite of services.

“The DAO1 team is elated to be part of the YFDAI Launchpad. We couldn’t have asked for any better team than the great guys at YFDAI and their dynamic community to give as a good start. YFDAI is known for picking projects with huge potential and helping them get off the mark to become successful. We will be working closely with them to ensure DAO1 is a success and along the way, we help many turn their vision into a reality,” said Chief Strategist at DAO1, Leo Georgievic.

With the completion of the DAO1 smart contract audit, DAO1 will be officially certified by YFDAI. As with all YFDAI projects, DAO1 passed the strict LaunchPad qualifying criteria, which includes:

Full KYC on all core team members
100% of team, advisor and marketing tokens locked in time-release smart contracts
Smart contract audit by Blockchain Consilium
Locked liquidity via YFDAI on SafeSwap, Uniswap and QuickSwap (Polygon’s DEX)
Confirmation of no prior fundraising
Agreement that funds to DAO1 will be distributed over the months outlined in the tokenomics

Across the DeFi industry, illegitimate projects have been able to launch and hide in the dark. The YFDAI LaunchPad is only accessible to the very best projects, and DAO1 is now officially certified by YFDAI.

What is DAO1?

DAO1 is an community-led socio-economic blockchain architecture with tools like Decentralized Fund (DeF), Hybrid Advisory, Startup Funds, Incubator platform, and NFT Charity initiative that empower the community to pursue financial sovereignty under DAO governance from Day 1.