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On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which DAO has the most potential in 2022.
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022.
But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.
Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which DAO has the most potential. Will it be Bourgi’s pick of MonkeDAO, with its large community, Solana-based ecosystem and more than $10 million staked, earning around 7% to support the DAO development?
Not to be outdone, Yuan comes in with the tasty pick of PizzaDAO, which is one of the most revolutionary DAOs to hit the market. It is a global community of creators and pizza lovers who believe that pizza should be free. The DAO is selling rare digital pizza art in the form of nonfungible tokens (NFTs) to raise money to throw a global pizza party! Who wouldn’t want to get into that idea?
Lastly, we have Finneseth with his pick of Merit Circle, which taps into the hottest sectors in blockchain, gaming and the Metaverse. It helps provide a way for gamers to earn money playing the games they love. It also offers scholarships to players by lending them items from the treasury to be used for gameplay as well as delivering educational content with one-on-one coaching sessions to help scholars improve their performance. Currently, it supports 20 different popular games including Axie Infinity. Gaming is an immensely popular sector, but will it be enough to help push Finneseth to the top of our live poll? Once each of our experts has made their case, you, the audience, get to decide the winner by voting in our live poll, so be sure to stick around till after everyone’s presentations to cast your vote.
After the showdown, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: The Sandbox’s SAND and Terra’s LUNA.
Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a free month of Cointelegraph Markets Pro, worth $100.
“The Market Report” streams live every Tuesday at 12:00 pm ET (5:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.