/biz/ - Business & Finance

DeFi Money Market (DMG)

Token type: ERC20
Total supply: 250,000,000

Twitter: https://twitter.com/dmmdao
Website: https://defimoneymarket.com/
Medium: https://medium.com/dmm-dao

2021 Roadmap.
https://medium.com/dmm-dao/dmm-2021-development-roadmap-104e83e5362f

Ivan on tech review.
https://academy.ivanontech.com/blog/defi-deep-dive-what-is-defi-money-market-and-the-dmg-token

Tim Draper invests in DMG.
https://cointelegraph.com/news/billionaire-tim-draper-sees-potential-in-defi-and-backs-new-dao

Nicholas Merten shills DMG.
https://dailyhodl.com/2021/01/02/these-are-the-top-10-crypto-assets-to-watch-in-2021-according-to-crypto-analyst-nicholas-merten/

Don't miss this.

any news?

Is it true as a member of the DAO I will be occasionally summoned to repossess used cars who's owners defaulted on the loan? I am just a 5ft9 132 lb NEET...

So how low will this piece of shit go? THIS IS FUCKING JIBREL NETWORK ALL OVER AGAIN! TALAL FUCK YOU! BIZ FUCK YOU!

>muh tokenized real world ASSets!

YEAH CAR MADE BACK IN 80s FUCK YOU BRAINLET

>muh real estate

DMG TOKEN NOT NEEDED YOU FUCKWAD! mToken HOLDERS ARE THE ONES MAINLY BENEFITING.

>muh Governance

FUCK YOU RETARD, 1 MILLION DMG GETTING DUMPED BY TEAM EVERY MONTH YOU THINK YOUR MEASLY 1K STACK IS GONNA MAKE A DIFFERENCE

THIS IS A GLORIFIED FUND RASING AT BEST AND A FAILED PROJECT AT WORST.

This has to have the shittiest tokenomics I’ve ever seen in a project. Allowing external actors to yield farm DMG tokens is only putting immense sell pressure on it. Why would I buy into it’s shitty tokenomics when I could just farm it with mTokens? Governance is shit when the team controls the majority of the token. Look at their forum they’re struggling to find more use case for DMG tokens AFTER taking investor’s money. Holy fuck the incompetence is astounding. DMG tokens are simply not needed and I can’t believe Link marines fell for this shit. Don’t get me started on regulation and compliance which is probably the biggest hurdle of this project. If someone can write out a well reasoned argument and address my concern then that would well appreciated.

It's like a Synthetix but more niche, right?
The project is SOLID

but... WHY should the DMG token pump?

I'm not asking about speculation itself. But I don't see ANY pumpamentals?

If I read everything correctly, there is no theoretical tokenomics to make it pump.

Redpill me?
Or was it just an indian meme?

Is this the right time to buy?

i am ruined
bought 5K at $1.5
i'm so fucking ruined
should i sell?

what happened?
at one point the debate was whether
RSR or DMG was /biz's next coin
and i think DMG won
what has happened to DMG?
has /biz foresaken DMG?
what went wrong?

WHAT THE FUCK WAS THAT

AHHHHHHHHHHHHH
NOOOOOOOOOOO

what's the short term future for this?

seems like it's going sideways at around 1.70...

am i going to make it?
do i need 500 moar to get to 5K?

IT'S A FUCKING SCAM

Stop enabling these assholes by giving them eth.

THEY ARE GOING TO DUMP ON YOU

i just bought 4K
am i good?
do i need moar?

the battle for biz's next coin
RSR vs. DMG
what's it going to be?

Once you discover DMG is not going to be listed in coinbase or binance and that the project it's run by satsgang and other moonboys. I invite you to look at SORA (XOR). You dan buy it in uniswap so you dont need to transfer your dumped eth to another exchange. XOR has reache ath, but it's still below 500k mcap. It's working with web3 enviroment in projects like polkaswap (you can check it XOR twitter profile). Also it was talked that in its beginning the circ.supply was 1.6bill, they were minted because there was no ICO, so the circ. supply it's like 350k XOR.

Dont be afraid of being late, very low mcap with huge potential (just compare with other web3 projects mcap and if you do your math you should what profit you are going to get

i thought RSR was the biz's new coin
but looks like it's going to be DMG
judging from the quality of the memes
DMG is officially biz's #3 coin
after
ETH
LINK

shouldn’t be too long

Where are my DMM Marines LETS FUCKING GO TO THE MOON