Just like 2020 was the year of DeFi and 2021 the year of NFT, odds are reasonably high that 2022 will be the year when Metaverse will take off as the next big thing in the world of decentralized tech.
The signs are already there. For example, Facebook’s rebranding to Meta at an opportune time has already proved bullish for crypto metaverse tokens and projects. (Note that Facebook’s goal is to transform itself into a Metaverse platform rather than continuing as a run-of-the-mill social network). Similarly, several play-to-earn Metaverse games such as Axie Infinity are hitting one high after another .
All these factors are now collectively signaling towards the imminent rapid growth of the nascent but thriving realm of the Metaverse.
And that’s not to say that the rise of the Metaverse will come at the cost of either of the two preceding phenomena in the crypto space, i.e. the DeFi and NFT booms. In fact, both continue to grow at a rapid pace and going by the current trends, will likely feed into the Metaverse’s anticipated growth.
If you happen to agree with that assessment, like an increasing number of experts do these days, then you might also want to keep an eye on DAOventure’s DAO Metaverse . DAO Metaverse by DAOventures: An Overview
For starters, as a company and platform, DAOventures likes to pitch itself as “your DeFi fund manager.” It is essentially a multi-chain DeFi investing platform designed for crypto investors and fund managers.
To sum it up quickly: DAOventures promises to provide crypto investors with smart ETF strategies with high return-on-investment (RoI). The platform’s focus is on bringing the most sophisticated automated DeFi portfolio strategies for everyone – be it someone with limited prior exposure to DeFi, hodlers, or even pro investors. The goal here is to ensure that you do not have to sweat over picking and monitoring individual yield farming protocols manually to generate high profit. DAOventures’ automated smart contracts will take care of it on your behalf.
As for fund managers, DAOventures operates as a Software-as-a-Service (SaaS) to provide scalable and automated DeFi portfolio strategies. The platform claims to have brought along a tried-and-tested environment for fund managers to build, test, deploy, and manage various smart contract strategies while automating the entire DeFi fund management process.
Now that you have a general idea about DAOventures and what it has to offer, let’s move on to the main topic of this article: Metaverse Farmer and all the buzz surrounding it. DAO Metaverse in a nutshell
While not yet as popular as it is in DeFi, yield farming is gradually gaining a footing in the Metaverse.
The concept of ‘yield farming’ in the Metaverse is still quite nascent, but it is showing tremendous potential . DAOventures is one of the first platforms to have prepared a well-planned strategy to capitalize on this untapped opportunity .
At the heart of this strategy is DAO Metaverse , the world’s first DeFi Metaverse Index Fund with yield . The objective of DAO Metaverse is to make it easy and efficient for investors to earn sizable profits from blockchain gaming and contemporary NFT trends.
The modus operandi of DAO Metaverse is basically the same as conventional index funds.
Conventional index funds enable an investor to expand their portfolios to a broader range of assets in an efficient manner. DAO Metaverse does pretty much the same thing, except it is an on-chain index fund that enables you to expand your portfolio to include a carefully curated list of NFT blue chip cryptocurrencies .
In doing so, DAO Metaverse takes several key factors into account, including but not limited to the market cap of an asset, liquidity, and user growth. Assets used by DAO Metaverse in its investment strategy
DAO Metaverse promises to only invest in digital assets native to promising projects in the fast-growing Metaverse and NFT space. These include both utility and governance tokens.
The index fund itself is powered by the Ethereum network and it leverages the reliability and flexibility offered by smart contracts. As of today, the majority of the index is held in Ether (ETH) at 37.5%.
The remaining 62.5% is strategically divided among tokens from popular NFT gaming projects such as: Axie Infinity (AXS and SLP 10% & 7.5% respectively).
Metaverse Index (MVI 25%), Illuvium (ILV 10%). Aavegotchi (GHST 5%). Revv Racing (REVV 5%). The performance of the DAO Metaverse Index Fund so far A quick look at the individual performance of these assets at this juncture presents a pretty positive outlook. For […]
source DAO Metaverse Promises to Give You a Head Start in the Metaverse Era
Protected by Patchstack