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Mid Level Reading
19 Aug, 2023

SHO (Strong Holder Offering)

A strong holder offering (SHO) is a fundraising mechanism where eligible investors are selected based on their on-chain activities and other proprietary data sets.

Understanding Strong Holder Offering (SHO)

A Strong Holder Offering (SHO) is a fundraising mechanism used by projects to attract funding from individuals who already hold a specific cryptocurrency.

It is a product of DAO Maker, a platform that utilizes SHO to launch new projects in the crypto space.

Rewarding Long-Term Commitment

In an SHO, eligible investors are selected based on their on-chain activities and other proprietary data sets.

The model targets public investments and offers incentives to individuals who demonstrate strong hands, or the ability to hold onto a coin for extended periods of time.

The criteria for participation in an SHO can vary.

It may be open to individuals who have held a competitor coin for at least six months or to active liquidity providers on a decentralized exchange (DEX).