AlgoDAO ADAO Price N/A

AlgoDAO is a next-generation DAO-governed incubator, primary market infrastructure, and accelerator for the Algorand ecosystem powered by the ADAO token. AlgoDAO eliminates the economic barriers to Web3 funding by providing access to a DAO-governed incubator and primary market infrastructure that enables builders to access funding at scale. AlgoDAO is made up of four distinct but complementary building blocks:

• DAO-governed Accelerator. AlgoDAO Accelerator supports projects from incubation until they are ready for the market, and beyond through Incubation, Pre-money financing, and IDO rounds. As a DAO-governed accelerator, it has decentralized project-access-controls to ensure democratic access for all participants. 
• Launchpad. AlgoDAO Launchpad empowers Algorand to scale its DeFi, dApps, and Web3 applications ecosystem by discovering, enabling and supporting strong dev teams to build and launch on Algorand towards a thriving DeFi, dApps, and Web3 ecosystem.
• SIGMA pool. AlgoDAO’s SIGMA pool is a special liquidity pool collectively owned by the AlgoDAO community. The SIGMA Pool has a SIGMA token model which empowers the community to access truly democratic and inclusive launchpad tokenomics. The SIGMA pool is designed to continue to grow sustainably with every pre-money round funded through AlgoDAO and from every IDO conducted through AlgoDAO Launchpad. 
• DAO-governed liquidity engine. AlgoDAO Liquidity Engine is a liquidity-providing and market-making model with liquidity pooling capabilities aimed at creating efficient and sustainable liquidity across Algorand’s DeFi ecosystem. The liquidity engine is still in development and we will inform the community when it is live.

ADAO is the governance token of AlgoDAO. Staking ADAO enters you to membership in AlgoDAO’s Federation tier, and the membership entitles you to participate on funding rounds and to receive rewards from SIGMA pool. You can also delegate ADAO to become a High Council member. Your membership tier determines your maximum price allocation, how early you can participate in funding rounds, and the price in which you join the rounds.