SHO (Strong Holder Offering)
Strong Holder Offerings (SHOs) are a type of crowdfunding in which potential buyers are selected based on their on-chain activity and other confidential data sets. Notably, a Strong Holder Offering enables a project to draw funds from people who own a specific cryptocurrency. A product of DAO Maker, which heavily employs it to aid in the establishment of new initiatives in the cryptocurrency industry, an SHO model targets public investments.
People who have owned a rival coin for six months or who are active liquidity providers on a decentralized exchange are both eligible for an SHO (DEX). An SHO may also concentrate on those who have made more than $5 million in transactions over the past month.