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/biz/ - Business & Finance

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28444706 No.28444706 [Reply] [Original]

>when you realize that OpenDAO plans on creating stablecoins for national currencies

>when you OpenDAO is partnered with REN, UMA, Elrond, OCEAN, DSD with many more unnanounced partnerships and a sushi stablecoin rumor.

>when you realize that the lead growth manager for AVAX was hanging out in the telegram trying to contact the founders just yesterday

>when you realize that the OpenDAO and UMA founders have been friends for years prior to their respective projects

>when you realize that you're looking at the premier perpetual stablecoin minting machine that will also bring millions of dollars of real world assets on-chain

>when you realize that the founders have successfully brought millions of dollars worth of property on-chain in their previous project, konkrete.io

>when you realize that the projects partners are sitting at marketcaps ranging from 50x-300x the marketcap of OPEN

>when you realize that OPEN smart contracts will allow you to purchase real world items ranging from automobiles to property without having to interact with a bank

>when you realize that the protocol creates entirely new forms of credit and value for traditional finance and is also novel lending mechanism that is completely new to DeFi

>when you realize that you're staring in the face of a project situated to do a NEO-2017 type run straight in the face and you're still early.

>when you realize that the protocol is going to see UMA perps brought over this month which will see TVL explode towards a billion

>when you realize that most people don't understand what the project even does, nevertheless the value of its connections and partnerships.

>when you realize that you can post this all day in /biz/ and people will still chase shitcoins instead of a future top 50 project and DeFi blue chip.

OPENDAO - OPEN
Marketcap: 9 million
TVL: 80 million

>> No.28444870

>>28444706

additionally, I left out this:

>when you realize the protocol is about to lock up a bunch of liquidity on BSC so folks can buy without worrying about gas fees.


for a full writeup that gets down to the full scope of the project and its potential, read this:

https://read.cash/@lucas/uma-protocols-perpetual-contracts-whats-next-for-opendao-3f271eb0

>> No.28444938

>>28444706
shitcoin

>> No.28444947
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28444947

>>28444706
My friend I'm already in. Have been for a week, my only regret being I didn't invest more. I only have a 1.6k stack, hoping to add more gradually.

My only question is, how soon will it reach the market caps of its partners?

>> No.28445005

>marketcap already over 1M

zzzzzzzzzzzz

>> No.28445077

>>28444706
Has to dip first before I scale out of tornado when it dips at 600 or even 1000. Thanks for the OPE heads up at 1 dollar though.

>> No.28445117
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28445117

>>28444706
Sounds interesting anon. Where to buy?
>>28444938
Elaborate please.

>> No.28445371

>>28445117
UNISWAP or bilaxy

>> No.28445405

>>28445117
look team up they r all indian

>> No.28445441

When does this get listed major exchanges like binance or coinbase?

>> No.28445501
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28445501

>>28444947
Psy I know that's you stop 4d fudding your own token with these pajeet antic. Do it like a white man.

>> No.28445557

>>28445441
when the price is way higher than it is now.

>> No.28445601

>>28445405
So its a pnd then?

>> No.28445614

>>28445405
Australian jeets and just partnered with Elrond but whatever I already 2x from it.

>> No.28445747

>>28445601
its a scam

>> No.28445842

100x and the token will be worth $270 thats a bit optimistic aint it.

>> No.28445989

>>28445747
Your existence is a scam

>> No.28446242

>>28445601
Why would Signum Capital and other big crypto venture money be invested in a pump and dump? What kind of a scam has that degree of TVL?

>> No.28446571

>>28445747
Nope you’re not getting these bags, sorry kid.

>> No.28446595

>>28444706
do they have a native wallet

>> No.28446727

>>28446242
You've sold me I'm in small 1k stack here.

>> No.28446744

>>28445842
$270 at this circulating suppy gives it same marketcap as Thorchain, Qtum, DGB, ICX

very doable.

If supply was fully circulating (which it wont be for a decade)

$270 gives it a marketcap on par with what chainlink is at now.

If you believe crypto will grow and this is the future, and if you were here in 2017 and witnessed just how much money can flow into the space, you would know this is all possible.

In march of 2020, thorchain was at a 10 million dollar marketcap. now it is 1 billion.

ethereum only just broke its all time high a little over a week ago. we aren't anywhere near 2017 levels of mania, and the bullrun is only just beginning.

whats to say 100x is impossible? if you were around in 2017 you would know how insane this market can get. OPEN certainly has the fundamentals to get there.

this is, without a doubt, a top 50 project in the making.

even if the the total supply was all circulating, (which it wont be for 10 years), the marketcap would be only 22billion - if DeFi is here to stay, why isn't that possible?

100x within the year.

>> No.28446833

>>28446242
ceos are sketchy and are trying to pump their tokens

>> No.28447391

>>28444938
>>28445405
>>28445747
>>28446833
Such dedicated fud from a single anon.

>> No.28447605

>>28447391
really makes you think! 10 dollars eom.
>inb4 10 dollars eom is fud

>> No.28447639

>>28447391
I'm trying to warn people. the team will dump on them as soon as tokens unlock.

>> No.28447720

>>28447639
When is that?

>> No.28448088

>>28447639
>this is the date they're going to dump on you
You're just making me want to swing it even more

>> No.28448118

>>28447639
I was about to call you fucking retarded, but I just realized you’re def holding bags of OPEN. Congrats man wgmi

>> No.28448151

>>28444706
Ok I bought it now what

>> No.28448379

>>28447639
gonna buy some more after reading this
'fuck you' money gonna feel so good

>> No.28448396

>>28444706
good thread, opendao is very good
i do not understand why it does not gain traction on biz
like this is an actual serious thing.
but it is ok, do your research about it, devs are very open

>> No.28448669

>>28448396
>i do not understand why it does not gain traction
You know why anon. Racism usually helps us cut through the bullshit but this is the one case where it causes people to miss a gem

>> No.28448874

>>28448396
The good stuff doesn't gain traction with the exception of Bancor because it's just that good and then it's still slid too much. See Telcoin, Shopping.io, Doki Doki, ENJIN, YIELD APP Tornado Cash, 0chain, 1inch, SNX etc...

>> No.28448907

>>28448396
It went up something like 50% the other day immediately after this thread >>27892302

>> No.28449261
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28449261

>>28448907
glad I got some people in ;)

>> No.28449319
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28449319

>>28448669
race solidarity. we're building something BIGGER than just a DeFi ecosystem, you know

>> No.28450494

>>28448379
I'm not invested, the team is sketchy and signum has a lot of bad investments. too risky

>> No.28450694

>>28444706
I am 90% convinced to buy more. What is a realistic price prediction EOY?

>> No.28451623

>>28450694
I unironically think this can go to $100. I think we'll go higher if we get a 2017 style bullrun

>> No.28451991

>>28450494
tell me why the team is sketchy without mentioning the fact that they're indian

>> No.28452192
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28452192

guys am i unironically going to make it?

>> No.28452899

>>28452192
not by holding this scam

>> No.28453762

>>28444706
What is perpetual stablecoin fren?

>> No.28454299
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28454299

>>28452192
keep stacking anon wgmi

>> No.28455044
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28455044

>>28451623
We are definitely getting a 2017 bullrun x 3 this time. The amount of money coming in is gonna dwarf the other cycles.

>> No.28455167

>>28448907
LMFAO AT THAT THREAD.
>muh pnd /biz/ thread pumped da price me no buy

>> No.28455764

>>28453762
Here's a decent primer:

https://elrond.com/blog/elrond-egold-stable-coin-opendao/

Pretty much opendao allows you to mint a stablecoin that can be used in the defi ecosystem.