YashaDAO is a decentralized and community-driven ecosystem that offers a launchpad and an incubator for crypto and decentralized finance (DeFi) projects. With being a Decentralized Autonomous Organization (DAO), YashaDAO holders are able to vote on projects to be incubated and supported through the launchpad. Seamlessly migrated from Inuyasha token to The YashaDAO, the V2 smart contract provides upgrades including project funding generated in Ethereum and 0% wallet-to-wallet transfer tax.

The YashaDAO will soon introduce staking for its holders, as well as develop a decentralized exchange (YashaSwap) and a non-fungible token (NFT) marketplace. The new token will play a key role in the ecosystem.

YashaDAO is an ERC-20 token with a total supply of 100 billion. Each transaction with YashaDAO is taxed with 10%. As for the pre-existing InuYasha token, it was set to have a 101% tax to discourage trading and thus mitigate any potential bad actors from manipulating the market.

The migration was carried out through Evermigrate in mid-February. YashaDAO released more details about the transition on a dedicated page.

What Problems Does YashaDAO Solve?

The cryptocurrency market has matured to a certain degree, but new projects may still find it difficult to attract investors. During the first years of the crypto industry, especially during the initial coin offering (ICO) craze in 2017-18, individuals and institutions were getting exposure to new crypto projects without spending too much time and effort to filter them based on factors related to reputation and transformative potential.

Today, investors are much more alert and well-informed about the blockchain space. The list of cryptocurrencies that have managed to build some reputation has managed to extend beyond Bitcoin, Ethereum, Ripple, and a couple of other coins that used to dominate the market in the first years. Thus, the Wild West may have been moving away from the top 100 coins by market cap, but new projects still experience fierce competition coordinated by very few articulate rules.

Thankfully, YashaDAO comes to address this issue by helping new projects connect with communities and transforming their roadmap into reality. On the other side, investors can get exposure to fresh crypto projects that may show impressive returns. YashaDAO achieves this through its two flagship products: YashaPad and YashaIncubator.

YashaPad

YashaPad is a launchpad that provides users with safe, secure, hand-picked projects voted on by the YashaDAO community. Each project is subject to a rigorous vetting system that enables the YashaDAO community to verify its authenticity and potential.

Since its launch, YashaPad has managed to launch four projects, including Cliff Token, Guzzler, Pochi Inu, and World Peace Token. During this time, the DAO has also incubated an existing project named Neko. The YashaDAO’s next undertaking is The ScienceDAO, set to launch near the end of March 2022.

YashaIncubator

YashaIncubator is an incubator program to help promising teams launch blockchain games, DeFi protocols, meme tokens, or any other unique crypto projects. Again, each candidate must undergo a vetting system where each aspect of the project is verified by the team and the community.

The incubator can do a lot of the behind-the-scenes work, including token creation on Ethereum, contract audit, website creation, telegram setup, fundraising through the launchpad or other mechanisms, marketing campaigns, and more. YashaDAO offers the full package so that the founders and developers can focus on their idea, and seamlessly build out their use-cases.

Unlike other launchpads and incubator programs, YashaDAO is managed by the community itself and thus is transparent and inclusive. The projects cannot influence the decision-making process, with YashaDAO token holders having collective power to pick new projects and list them on the launchpad. This approach encourages a safe environment to invest, which is a win-win for both crypto investors and the teams that launch new crypto and DeFi projects