There are so many DAO projects out there (Decentralized Autonomous Organization) that I am turning into a mess. But, I am trying to not focus on all of them, but rather pick out the gems from the stack of all of them. So, which are the true gems in the midst of this world of OHM forks?
Personally, I have big faith in the original one, in OHM. It is just extremely solid, and if OHM would run on a different platform than Ethereum, it would be way more popular. Today, it is keeping people away from the platform the fact that you pay terrible transactions fees just for buying the tokens, approving the contract, and then staking the tokens. Who wants to pay $200 for those three transactions alone?
Then you Wonderland on Avalanche, a fork that is turning more popular than OlympusDAO itself... and I believe the key to its popularity is the fact that it is on Avalanche and the fact that ˙Daniele Sesta is the leader and face of the protocol. Currently, I am very bullish on both OHM and TIME.
But, then you also have HectorDAO, a quite new friend of mine that I heard about for the first time one week ago. Since then I have been following the community and also seen the work on the platform, and this has given me faith in the fact that this might be a platform with great potential on the Fantom blockchain. But, what is HectorDAO? Is it a good investment? I have just finished my article introducing HectorDAO to the world and you can find it right here: https://www.ipaddressguide.org/what-is-hectordao-is-it-safe-should-i-invest-is-it-a-scam/
I suggest that you take a look at it, and if you like what you read, maybe you should invest as well. But, do not invest on my advice, but do more research yourself and only invest money that you can afford to lose.