🔥 Dear #BinanceSquareFamily readers, market $BTC decline, classic $XRP movements, $FUN price rise continues. Today, I wanted to write information about #ILO s on @DAO Labs as part of #SocialMining .
✍️ Today I will tell you about DAO Labs ILO and Autonomys Network . The next ILO carried out by DAO Labs is Autonomys project.
At the end of this article, those who wish will witness the fair token distribution and loyal community formation realized thanks to Social Mining by participating or following the next ILOs.
One of the biggest needs of #Web3 projects that will be launched today is to be able to create a strong and loyal community at an early stage. This is exactly where the ILO (Initial Labor Offering) model introduced by DAO Labs comes into play.
💥 ATTENTION!! 💥
This is not an ordinary token sale. The most important issue here is 🎯 “SOCIAL MINING” 🎯
There is a subject that everyone wants but often cannot realize. Before investing in a project, everyone expresses learning about it, trying to understand its vision, purpose, and the problem it wants to solve. But when we look at the rest, unfortunately, it has not gone beyond this conversation and has not been put into practice. Thanks to ILO, a lot of information about the project is learned. This information is then shared with their followers and community by those who do this work. DAO Labs rewards exactly this process. During the month long ILO Pledge Pools program, participants both gain knowledge and spread the project as they get to know it. At the end of all these efforts, they are entitled to receive token rewards.
I can explain the best part of this as follows. Thanks to ILO, project tokens are distributed not only to individuals or organizations looking for quick profit, but to those who truly believe in and contribute to the project. In other words, the first step is taken to the market with both fair and organic community support. With this system, projects can create the first core of a loyal community. At the same time, those who have tokens at the time of the TGE (Token Generation Event) are more at the forefront in adopting the project and making long term contributions instead of selling them immediately, since they are already familiar with the project.
Another advantage of this system for projects is that we can say that many social miners carry out an intensive and organic promotion process. In this way, more information is constantly transferred to new investors. There is no need for influencer collaborations, sponsored content, artificial presentations or paid promotions. Instead, the community itself understands the project, learns and explains it to its followers. It paves the way for new investors to come by giving correct answers to questions about this issue. In other words, when we think about it from another perspective, marketing work is also done by social miners within the community. Thus, trust in the project increases thanks to knowledgeable people.
In short, DAO Labs ILO model offers a profitable opportunity for both projects and early participants. Projects participating in ILO move forward with a knowledgeable and loyal community that is in line with their own goals. In this way, investors, social miners and those interested in the project earn profit by sharing their knowledge and add value to the project. In this way, the basic philosophy of Web3, community based growth, is realized in the best way.
Thanks
