/biz/ - Business & Finance

Top 10 wallet checking in!!!

>>19653075

This is the next 100x.
Secured by Chainlink Oracles and working closely with the team.
Seal of Approval from ChainlinkGod and Rory
Backed by Coinbase, Draper, and Huobi
They buy real world assets yielding 12% and pay out 6% to m token holders, giving the rest to DMG holders (6% on millions)

But wait it gets better....
CEO is ex CIA and has 3 decades experience building FinTech applications and finance platforms, talk about CHADWICK.
This is only REAL USE case of Defi not scam inflationary SNX bullshit where they print money out of thin air to prop their marketcap with bullshit. Actual real world yielding assets.
In a world with 0% rates and no yields, everyone will be moving to this space and particularly this project. They have the most legit connections and prestige.

It gets even juicier.
Incredibly tiny float, only 25m will be issued in ICO, this is just like Chainlink's ICO.
At 20c this is only valuing this at 5m, yet the underlying assets they ALREADY own is worth 8.5m.
Their lending deposits are going parabolic in a month they should have 50m in deposits giving them access to buy 50m worth of assets x whatever financing they will get.
This will go to $10 easily. It is a multi trillion dollar market.
DeFi is only used right not to make speculative bullshit CDP and flash loans, this unlocks tremendous potential by allowing anyone to partipate in crowdsource financing.
Next up they will purchase homes, cars, boats and give the proceeds to m Tokens and DMG holders.

If you know you know....

>>19653113
Did you get into the presale or get it on Uniswap or Airswap? Do you know what the final price of the pre sale was?

I was able to pick up 50 eth worth as one of the last couple blocks in the private pre-sale using the leaked password. They changed the password as I was wrapping my eth, but I had already logged in and kept the page open (THANK FUCKING GOD). I will tell my grandkids that story one day. I haven't been this excited about crypto since LINK ico desu

>Non Pajeet Edition
>rehashed twitter logo
>glowie CEO
>unannounced ico that suddenly appeared on biz with aggressive shilling
>ponzi scheme mechanic in presale pricing
>constant "ico password leaks"
>non
>pajeet

Who's doing OTC? Uniswap is expensive.

>>19653149
Absolutely seething lmfaooooo

>>19653075
Who's going to actually control the assets and why are they comfortable with promising investors 6% steady return?
So basically is it like a decentralized holding company? How come they don't have restriction on ico participants jurisdiction?

>>19653149

>rehashed twitter logo
meh it's not great. Leaves potential for a LEND style rebrand.

>glowie CEO
that's one of the good parts

>unannounced ico that suddenly appeared on biz with aggressive shilling
can't deny the aggressive shilling - it did come out of nowhere. But it also seems like the first non-utter shitcoin in a while.

>ponzi scheme mechanic in presale pricing
Dodgy for sure - it started at $0.16 and ended at $0.32??? Can anyone confirm?

>constant "ico password leaks"
LINK ICO was a clusterfuck too

>non
>pajeet
Whitest team of a coin shilled here in ages.

>>19653141
well done anon

>>19653139


presale


----final price for each payment method with the last transaction for that payment:


USDC: $0.2752
https://etherscan.io/tx/0x6775c7ab61f6b7689291f6e2226de71982b04353ac29ca1cb088f5e2150b2af1


DAI: $0.2538
https://etherscan.io/tx/0x4ae8d5f108cff6a8755f2fdc80eaa7ea2ed217dce68adf9563532b6722907c5c

ETH: 0.0011598
https://etherscan.io/tx/0x34e9b88863aaa1f7d7f7f532218762daef09950aaea723baf88ae63c67da63c5

>>19653136
I'm gonna take one for the team and reply to pasta.

>They buy real world assets yielding 12% and pay out 6% to m token holders, giving the rest to DMG holders (6% on millions)
What fucking assets pay 12% annually?

>CEO is ex CIA and has 3 decades experience building FinTech applications and finance platforms, talk about CHADWICK.
This is only REAL USE case of Defi not scam inflationary SNX bullshit where they print money out of thin air to prop their marketcap with bullshit. Actual real world yielding assets.
In a world with 0% rates and no yields, everyone will be moving to this space and particularly this project. They have the most legit connections and prestige.
Bullish for sure - one of the main selling points. It's not just another borrowing/lending/trading platform.

>It gets even juicier.
Incredibly tiny float, only 25m will be issued in ICO, this is just like Chainlink's ICO.
At 20c this is only valuing this at 5m, yet the underlying assets they ALREADY own is worth 8.5m.
Their lending deposits are going parabolic in a month they should have 50m in deposits giving them access to buy 50m worth of assets x whatever financing they will get.
This will go to $10 easily. It is a multi trillion dollar market.
DeFi is only used right not to make speculative bullshit CDP and flash loans, this unlocks tremendous potential by allowing anyone to partipate in crowdsource financing.
Next up they will purchase homes, cars, boats and give the proceeds to m Tokens and DMG holders.
Does anyone have any fucking links to info on the presale or the public sale?

>>19653207


That DAI transaction is only for $2k and it was most likely someone close to the team that got a pass to buy at a lower limit.

>>19653149

No one is actually discussing it. Its the same copy pasted put into each thread, golloeed by generic make it/ suicide stacks, next 1000 etc.

Same comments posted as replies. Clearly a group behind it. Its like people forgot what happened with the dxdao (its legit though) where people hsd bought at 0.14 and were selling ay 0.42.

Watch out now biz lol

>>19653228
I'm here, I'm gonna discuss and dig. I've been lurking here for months and missed AAVE, but this may well be the next big DeFi meme.

Public Sale price for June 22nd confirmed:

$0.36

>>19653324
Can you ask for more info on the public sale? Is that Telegram?

>>19653355 join discord

Trading on :

Uniswap
https://uniswap.info/token/0xEd91879919B71bB6905f23af0A68d231EcF87b14
Airswap
https://instant.airswap.io/

>>19653418
https://bamboorelay.com/trade/DMG-WETH
Order book exchange here
I'm literally freaking out right now public sale might be sold out in an instant

>>19653445
Wouldn't put orders at $1 unless you like re-buying at $2.

>>19653445
just missed buying at 0.0014, around 9 ETH worth was available and just got bought up in a flash

0.0017 on airswap pretty sweet

>>19653211
this.

i only wish my coinbase pro deposit of $22K hit so I could cross 400k DMG. FUCK trad markets. ugh.

Coinbase will 110% list this. If it does not happen, I will leave 4chan forever. Screenshot this.

If this is like ChainLink it will drop down to 20 cents. If this is like dxdao scam the value will plummet to 0. Why did DMG give 2MILLION DMG to DxDao? What did they mean by this

>>19654020
Chainlink ICO was 11 cents, retardo

A team like that......... Amazing........ We are lucky to be alive now to witness and buy this token when list

good info

https://docs.google.com/document/d/1HaR_twza6oxegvWSNNwzSfyK322U7SV1VNDWDV2k-aM/edit

>>19654311
is this a joke? there's nothing in this document

>>19654328

k

>>19654328
The document is fine. Your computer must be glitching

>>19653961
*SNAP*

>>19653075
Cons
- big valuation
- very low circulation supply at the beginning

Fuck off with that big valuation bullshit

closest competitor is Maker no fight

Aave can suck a dick magical internet money vs real world assets

Go do yourself a favor and get your generational wealth maker here

Airswap
https://instant.airswap.io/
Bamboo relay
https://bamboorelay.com/trade/DMG-WETH

>>19654342

"Limit sell orders will be placed in blocks of 83,333 DMG, increasing 1.5% in price each block"

Has nobody read this thing? You late buyers are gonna get fucked.

Take 30 seconds to do the math you fucking smooth brains. 25M tokens, 83,333 per block = 300 blocks. 1.5% 300 times is 1.015^300 which is 87.05. Meaning the last block is going to cost 87 fucking times more than the first. The presale/early buyers are gonna take a fat shit on you for big gains.

Stay poor biz.

>>19654708


Aave is a good project. Not sure why your bashing on them for no reason

>>19654708
aand they're gone

>>19654553

Wonder why they are shilling dexes so hard when they have the "golden goose"? Surely its not to dump on fomoers .....right?

Its not like they mention fomo in the original post.....right?

You buy this and you're literally buying their bags

>>19654719

Im posting from the DMM google doc you pajeets have been shilling lol. Not a bad dupe for people speed reading to think i was talking about AAVE, but im talking about DMG tokens.

Lol buy this snd you are LITERALLY buying their bags from the dexes kek

>>19653324
What does it mean start at 0.36? Will it go higher?

Honestly this is a little weird. I had never heard of this before and this morning it’s getting shilled all over biz. I join their telegram and I see senior chainlink and linkpool people involved in the channel.

I FOMOd in anyway and bought 11k so if someone just PnD me then well done

>>19654730
Anyone buying on a dex or airswap rn is pure retarded. Buy in the public sale if you think it's fundamentally valued high enough.

t. person who's taken advantage of the dex slippage so far

>>19654885
I bought it on the dex for 0.36 which is apparently what the public sale is going to start at so what’s the problem

>>19654862
it was on here two days ago, just not as prevalent as right now

>>19654899
Yeah that's decent, as long as you didn't lose much in the slippage or from it being overvalued.

>>19654708
worst FUD. see you above $1.

I have the new pw. How do I monetize this?

>>19654944
kek

>>19654929
It's a mix of FUD and FOMO. It's designed to keep going up if people value it accordingly, a la DXD. But the later buyers are gonna get fucked. I personally think it's undervalued because it already generates a sizeable revenue. Its P/E is tiny and we've all seen how some projects have been valued with almost negligible revenue.

>>19654956
Source on PE please?

This is already a success stop wasting your fud, keep it for nothing else. Just use your common sense and strategize how you'll be able to get your hands on some of the tokens for around $0.40 - $0.55... Dont be a spectator washing this get to $10 - $30...With market cap of all those shit Defi projects out there, there's not way this wouldn't get to 200M market cap in 1 - 3 months .

This is already a success stop wasting your fud, keep it for something else. Just use your common sense and strategize how you'll be able to get your hands on some of this tokens for around $0.40 - $0.55... Dont be a spectator washing this get to $10 - $30... Considering the market cap of all those shit Defi projects out there, there's not way this wouldn't get to 200M market cap plus in 1 - 3 months. You know this is true..

This is already a success stop wasting your fud, keep it for something else. Just use your common sense and strategize how you'll be able to get your hands on some of this tokens for around $0.40 - $0.55... Dont be a spectator watching this get to $10 - $30... Considering the market cap of all those shit Defi projects out there, there's not way this wouldn't get to 200M market cap plus in 1 - 3 months. You know this is true..

>>19655075
There are 250 mil coins, 90 mil mcap with 70% of top holder bagholding. You are just waiting to get dumped on

>>19655090
Stop fooling yourself, fud wouldn't work on this. Open your eyes and come to reality.

>>19655107
Ok, what is your counterargument? Why should I put money into this when you are going to get dumped on?
You just say buy without any reason behind it. I’m not retarded nigger

>>19655123
You can't consider the fully diluted marketcap for this because the other tokens will only sell above the current price and if there's demand for them: >>19653004
>>19655013
I don't have the exact number so actually ignore that statement. I just know that they've made a revenue of a few mil already? I need to look into this some more

>>19654929

There you go bizlets. This is the counter response. They all go around shilling that google doc, and I took this information from that google doc. They haven't a clue.

>>19654956
Tell me why on earth someone would buy this at x 87. LINK for all its blood and glory, has gone x 40.

You're telling me this cefi VC pozzed scheme should be a bought at 87, when you've got people refusing to something as ground shattering as LINK at x40?

in b4 muh Tim draper. They're in so many pre-private sale shitcoins that they just dump on new fags.

>>19655423
Saying “people won’t buy this at 87x it’s current price” is not an argument

>>19655089
So now youre telling people to "strategize" to buy something at x4 the value it was at literally a day ago?

You'll get nuzoomer money (500USD) but no one with any decent brain won;t be lured in lol. Explain the x87 price by the end of the public sale . IN what fucking world would you buy something that has gone x87 in 3 weeks.

>>19655436

That's not my argument you pleb. I had said

""Limit sell orders will be placed in blocks of 83,333 DMG, increasing 1.5% in price each block"

Has nobody read this thing? You late buyers are gonna get fucked.

Take 30 seconds to do the math you fucking smooth brains. 25M tokens, 83,333 per block = 300 blocks. 1.5% 300 times is 1.015^300 which is 87.05. Meaning the last block is going to cost 87 fucking times more than the first. The presale/early buyers are gonna take a fat shit on you for big gains."

to which your "argument" was

"worst FUD. see you above $1."

>>19654929

You don't even fuckign know what you're shilling kek

>>19655423
Except it isn't going for 87x. The sales are happening in 3 different pairs of 83k each per block, rounding up to about 250k per block, That would put the number of blocks at 100, or a price rise of 4x from its initial.

>>19655441
Inaccurate. It started off at half this value, not a quarter.

>>19655467
thank you anon, fuck this scam, almost fell for that

Finally they have listed their Switcheo Points.

Switcheo Points (SWTHp) will be used as a staking tool for users to earn the fees generated on the Switcheo Decentralised Exchange.
Switcheo shares 70% revenue with Switcheo Points token holders.

Trading on:
https://uniswap.exchange/swap?outputCurrency=0x8958855A0b70B988aD8FbADBC19c41052939C9B9

^ get in early, it will melt faces!

>>19655467
Private sale has already ended. 0.27 final price, not ten dollars or whatever you are claiming.

Next step is public sale which starts at 0.36

Now you can stop posting this retwrded shit

>>19655467
Fucking solid refutation of all the shilling. No one is gonna buy this shit lmao. Get tf out of here with this scam you ranjeets

>>19655536


you're actually retarded. Like you have the reading comprehension ofa baby.

here I'll put it into basic terms for you.

"Public token sale prices will be 1.5% more expensive for every 83,333 DMG that is bought. You are all screaming about how the 25 MILLION dmg well sell out so quick, so of course the literal price cost multiplier will work"

>>19655484

Isn't it amazing how no one can refute this initially, then suddenly, two replies >>19655377 pop up at the same time kek.

So tell me, I took those figures from that shitty "whitepaper" you teastains were shilling. But now, you're saying something different from the whitepaper. Who are the people to trust as the primary source? The whitepaper which is either lying, or the discord which is either lying?

Or do we just cherry pick what sounds the nicest?

>>19655648
Fucking this. These shills are laughable.

>>19655648
Nobody cares to refute it. If you don’t want to buy you don’t have to but this is one of the most retarded FUD I’ve ever seen.

>>19655702

>Nobody cares to refute it.
>Nobody can refute it.

Fixed that for ya there Ranjeesh,

>this is one of the most retarded FUD

Flawless english there pal.

>If you don’t want to buy you don’t have to

You dirty pieces of wet soil are plastering this everywhere. Same comments, some CIA/ tim draper/ gonna def sell out shill statements. Its so uncreative.

We tolerate the other pnds because at least they TRY, but you filthy penny fighters aren't even making an attempt.

Just tell me, do we trust the WHITEPAPER (which says it'llbe x87 by end of public sale) or the DISCORD TRANNIES (which say it'll be x4 by end of public sale), even the though the discord fags have been preaching the white paper, now they go against it?

Which one is it? GO ask your discord mod, you guys can brainstorm a response together for an hour or two like you did last time, and them mass post it on all the threads. (which you then deleted to avoid suspicion lol)

See here >>19655484

kek

Too late to buy now, price has increased x10, well done to those who bought in early

>>19655804
They're trying to warn you that you can buy this for even $0.36 before 90% of the market wakes up and sends it past $1. Do you not like free money?

>>19655861

it's .4 right now i'd rather take the risk and buy for a 10% markup than risk being priced out by high gas bidders during public sale

AMA going on now biztards
@amaroom

>>19654944
you buy and then you post it here

>>19655423
I wrote the pasta as I also wrote 99/100 link pastas with aliases of course.
This is a certain type of auction mechanism made popular by Gnosis, you do remember the Gnosis ICO or are you a disgusting subhuman newfag.

The final public sale won't be 87x the initial you retard. It is merely a price discovery mechanism. If there are no buyers for a certain block it won't increase and neither will the price. Eventually the ICO will end and excess will be burned.

>>19653211
They say they are getting 12% on used car loans LMFAO

>>19656397
As the devils advocate; I'll say short term loans.

Wtf is this shitcoin. I just bought 40k of this and no have no idea what it does.

>>19656397
You guys don't understand the concept of overcollateralization, clearly you have never run a business or been bar bitzvah'd this is Jew 101. Let me break it down for you retards.

10m in assets yielding 10%.
600k deposits from mToken holders requiring 6.25% = 37.5k liability annually.
1m in revenue - 37.5 expenses = excess is profit to DMG holders.

Voila buy DMG and you'll be a millionaire.
THIS IS JUST LIKE LINK ICO BRAINLETS WERE FUDDING TO ACCUMULATE.
I was there.

>>19656475
>I just bought 40k of this and no have no idea what it does.

Shut the fuck up. Nobody buys 40k of anything without knowing what they are buying. If you are seriously that dumb you should KYS

>>19656475
>I just bought
you can't
private sale is long gone

>>19656498
40k tokens. No need to get upset.
>>19656513
I bought yesterday morning.

>>19656622
how did that work, with 50 eth minimum buy which would be around 50k tokens?

>>19656744
You can buy it on decentralised exchanges

Can we stop shilling? This does not need 4chan biz plebs. It's a fucking proper blockchain project

>>19656886
I know they're fucking retards. It would have shilled itself.

https://bamboorelay.com/trade/DMG-WETH

>>19657063
Sell price looking very good there to accumulate. Good liquidity too.. Better than Uniswap..

>>19653075
>10 million DMG was sold at presale
>15 million DMG will be sold at public sale
>Team are limit selling in chunks of 500,000 DMG across 6 trading pairs (ETH/DMG, DAI/DMG, and USDC/DMG across two DEX exchanges), 83,333 per limit order.
>Each time an order fills another is placed at a 1.5% price increase to the previous
>15 million will be sold after 30 rounds of 500,000 DMG are sold, having increased in price each time
>Starting price is $0.36
>Final price is $0.55

Looking good

>>19656855
>https://bamboorelay.com/trade/DMG-WETH

Yup. Good liquidity too