At Dinis Guarda Youtube Podcast Series: DAO Maker CEO Christoph Zaknun Highlights The Role Of Crypto And DAOs In Web 3.0
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Christoph Zaknun is the Co-Founder & Chief Executive Officer at DAO Maker, a blockchain launchpad and a pioneer in creating decentralised ecosystems. Dinis Guarda hosts Christoph in the latest episode of his YouTube Podcast series. The two speak about the fundamentals of crypto and blockchain in these trying times and the key role that crypto and DAOs will have in the upcoming Web 3.0.
Christoph Zaknun is a doctor in medicine and holds a bachelor's degree in Robotics. He started his career as an Assistant Neurological Head Trauma in Children in the Hospital of the Austrian city Salzburg. Later, he joined the Austrian Armed Forces as part of the AFRDU, Austrian Forces Disaster Relief Unit. He admires the discipline he learned during his military days. It has helped him find a greater purpose in life.
During the early stages of the interview, Christoph told Dinis that during early 2017, when IDOs and public funding swarmed the crypto and blockchain space, Christoph got interested in the technology and started researching it. Talking about the traditional centralised system, Christoph told Dinis: “It’s been like kings used to own the whole country. At this point, most of the traffic is owned in Silicon Valley, the majority of human interactions are centralised in the wealth of not even one city, just a Valley. With ICOs, although we've seen a lot of scams, the technology itself allowed people to participate in voting, which entailed them to get involved with DAOs- that was revolutionary, and I decided to go all-in.”
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Dinis wanted to understand the relevance of decentralised systems when the world was absolutely adjusted to the centuries-old centralised ones. Christoph said: “Any technology is the mirror of human psychology. A decentralised system can only work as a tool in which humans can self-regulate. Let’s take religion as an example. It is a very decentralised system, and it’s created with the idea to make humans more mannered so that we are a more prosperous society, that’s generally speaking the objective of every religion. Mass scale decentralised public figures to act in a manner that is more prosperous to the society it appears for.”
Dinis asked Christoph about the concept of DAO. According to him: “A DAO should be considered as a structure to make proposals and vote on them using smart contracts.” He further explained that there are two aspects of a DAO. The first is the Maximalist DAO, while the second is the use of tokens for voting.
This brought Dinis to reveal to the audience the role of NFTs in the DAO ecosystem. “Most of 2021, NFTs were just celebrities selling merchandise. But, NFTs are not merchandise. Towards the end of 2021, people realised NFTs are just a different way of doing fundraising. And it’s a better way of funding because you own the NFTs of the character, and so, you instantly build a relationship with them,” Christoph replied.
DAO Maker: SaaS solutions provider and blockchain business launchpad
DAO Maker is a growth technologies provider that creates SaaS solutions for nascent and growing crypto startups. Its flagship product is the DAO Pad, a multi-investment platform that allows DAO token holders to participate in early-stage token sales for stringently vetted upcoming projects.
In Christoph’s words, “DAO Maker built SaaS in 2018 to turn any token into a governance model. We were the earliest creators of a governance plug-in that was used by a lot of big companies, like Avalanche, Harmony, etc., and was considered very successful, and was way before its time.”
Besides its popular DAO Pad product, DAO Maker also provides a range of additional services to nascent blockchain-based projects. These include incubation services, operations, and advisory services, and another of its flagship products — social mining. Projects can use social mining to reward value-adding community members with their native token — helping to raise awareness, incentivize participation, increase liquidity and grow the number of holders.
Dinis asked Christoph about the regulations and policies within the crypto and DeFi space. He replied:- “We work with companies which try to create regulatory frameworks and protocols in the US. We are also trying to work with the FCA to proactively create regulations for fundraisers. Crypto regulations will come out within the next year. As a company, it’s more important to ensure not to engage in any money laundering.”
The platform is powered by its native utility token, known as DAO. The token is used to participate in token sales on the DAO Pad platform, and can also be staked to earn a yield via one of DAO Maker’s vaults. The token will also be used for community governance in the near future.
Concluding the captivating session, Christoph said: “We are trying to make quality people with quality startups.”
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