veDAO A Mixed Bag of Promise and Mystery
veDAO is making waves in the decentralised finance (DeFi) space. With its mission to build an open, transparent, non-custodial, permission-less, multi-chain financing market, the platform is positioning itself as the Swiss Army knife of blockchains. The vision is grand: a low-barrier, fair, and accessible financing platform for everyone.
However, the absence of critical information on the founders and team raises some red flags. Their Discord boasts an impressive 58,000 members, and they have a significant presence on Twitter with 44K followers, having joined in May 2022.
The roadmap, unveiled in Q2 2022, serves as a key tool for tracking the project's progress, along with their whitepaper too. It's a promising start but leaves many questions unanswered. While I like the idea they are offering, the lack of transparency compels me to give the company no more than 2 stars at this time, although I reserve the right to revise this as more information becomes available.
I'll continue to dig deeper and will follow up with a more comprehensive review. It's essential to do your own research (DYOR),
Stay tuned for updates. 2 ✨ Show Less
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