DAO Maker (DAO) has seen impressive price action today, rising as much as 15.23% on the day. At a current trading price of $1.22, the digital currency is up 20.57% in the past seven days.
Source: TradingView
Although DAO Maker is the native token of one of the most powerful DeFi platforms in Web3, DAO Maker is not known for such significant price movements. However, the platform announced its move to artificial intelligence (AI) through IguVerse.
DAO Maker says its IguVerse is the first Strong Holder Offering (SHO) to launch in its ecosystem. SHO is a fundraising model in which the largest investors for a particular platform are selected based on participation.
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IguVerse is a platform that connects advertisers and social media users, creating value at scale for all involved. The IguVerse protocol relies on AI tools to facilitate the generation of collections. With the IguVerse SHO currently underway, more participants are likely to buy more DAO tokens, fueling the current surge.
AI Token Era
New rumors surrounding ChatGPT, an AI-based platform, have sparked a new wave of investment in linked tokens. A popular example is SingularityNET (AGIX), which topped the list of top performing altcoins last week.
Artificial intelligence has been hailed as the next frontier in the development of digital interaction and virtual assistants. Various emerging blockchain networks are now aligned with the core principles of general artificial intelligence, which many hope to use as a way to establish a footprint in the emerging Web 3.0 ecosystem. .
DAO Maker is one of the first Ethereum-based institutions to host a general artificial intelligence protocol, paving the way for many more to come.
- Celsius Just Returned $120M to Maker in an Attempt to Return to Solvency
- Crowdfunding platform DAO Maker is hacked, estimated to lose $7 million
board pass
According to USA Today
