Cointelegraph’s program ‘The Market Report’ assembled a pool of crypto experts. The experts on the show, aimed to forecast the prospects in 2022 of decentralized autonomous organizations (DAOs).
The panelists on the program also examined the markets for BTC and ETH. They weighed in with their opinions on whether the market for BTC ad ETH would enjoy a bull run or would it be bearish.
Picking the top DAOs
One of the panelists, Sam Bourgi picked MonkeDAO. In support of his pick he said that MonkeDAO was based in the Solana ecosystem and had a big community. More importantly the total amount staked amounted to $10 million. The DAO was also earning 7% which was being funneled back for DAO development.
On the other hand, Benton Yuan picked PizzaDAO. This is supported by a community of pizza lovers. The community also consists of creators who insist that pizza should be free. The PizzaDAO specializes in selling pizza art. This is sold in the form of NFTs. The proceeds from the NFT sales would be used to organize a global pizza party.
Jordan Finneseth placed his bets on Merit Circle. This DAO is into gaming and Metaverse. The DAO supports the play-to-earn model of gaming. It also provides coaching for gamers to improve their performance. Gaming is rapidly gaining popularity, But will that alone help to push Merit Circle to the top.
The program was also gamified by letting the viewers vote their support for the panelists’ picks to decide the final winner. The program also weighed in on the most popular altcoins. The fight was between SAND and LUNA.