Daos.fun is a platform that helps fund managers and creators raise funds for their own DAOs. The platform is still in the invitation-only stage, and only creators who have obtained official or @baoskee invitation codes can participate. Once creators become part of the platform, they have to set a fundraising target amount, a fund expiry date, and an administrative fee.
They then have one week to raise the required amount of SOL. If the fundraising fails, the buyer has the right to redeem the SOL, but with a 10% loss if redeemed early. The market value of Ai16z, one of the most successful DAO funds on the platform, once approached US$100 million, but has now settled at around US$45 million.
The platform’s other top DAOs include Kotopia and SEQUOAI. The platform’s features include openness and transparency in asset management status and profit sharing, but risks include rat position trading and a serious deviation between the fund’s market value and its net asset value.
