/biz/ - Business & Finance

Got some news for you all anons

Discovered a true gem from twitter.

Less than 100 holders, 170 telegram members.

It is mostly unknown and underhyped as fk.


> 10m total supply
> less than 400k will be circulating because they will be burning all unsold tokens and it seems like this is coming true
> At $0.7 per 1 token during public sale it puts it at <$300k market cap on initial launch
> The sexy bit is tht it has staking and the rates will be 40% per year for the first few months only so early birds get the most and it will eventually be 0% in 2022 or something like that
> It is a governance token which is used to create proposals and vote. Majority of the votes paid are burned and thrown off the markets
> Farming is another sexy feature. You hodl COMP or SNX? you can farm it but at much lower rates than staking I think it is like 8% per year with your COMP or SNX balances
> Team is anon. Did some research and everything seems to be ok. Medium articles are onpoint and codework is solid on github. Some rumors going around saying that they are actually from a bigger DAO team creating this as a regulation free sandbox type of a thing

I'll post some links here
> coinbreeder.com
> Solid articles from them which got me in. https://medium.com/@coinbreeder/the-state-of-daos-1aecba88d9ed
>https://medium.com/@coinbreeder/cbdao-explained-in-simple-terms-b8d779978fd8

Smart contract being audited by the same auditing company which did for nexus mutual. This is the true hidden gem. Stop reading pajeet bagholders shillposts.

This is set for a minimum x10 guaranteed.

I've recently read some really interesting & informative articles about decentralized autonomous orgs (DAO). But it was written by a project which nobody knows called coinbreeder DAO. They seem to be a legitimate project which has only about 100 community members still but I am trying to understand if this is a hidden gem or a scam. Thoughts?

Website: coinbreeder.com

Articles:
https://medium.com/@coinbreeder/beginners-guide-to-coin-breeder-dao-cbdao-500c208822d0

https://medium.com/@coinbreeder/the-state-of-daos-1aecba88d9ed

https://medium.com/@coinbreeder/how-farming-rates-are-determined-c207295b4e0c