📙 About the DAO
"For the average investor, it seems next to impossible to invest into projects while they are still in their early stages, let alone when they are at the ground-level of development. These types of investments are generally restricted to VCs, Angel Investors, and the founding team. Magnet DAO conceptualizes a revolutionary approach, in which this gap can be bridged. This first-of-a-kind DAO will develop and nurture projects in-house. Additionally, MAG will drive an incubation strategy, helping other early-stage projects with growth, marketing, and investment across a variety of protocols.
This concept is all possible because of the Magnet DAO’s protocol of controlled value, and the bonding/staking mechanism that Olympus DAO first introduced. Our code’s basis is formed around a fork of the Olympus DAO protocol, but integrates unique twists on how we are able to access the treasury." (source)
🏆 Notable Differentiators:
📝 Further Reading:
⏭️ Related DAOs: