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/biz/ - Business & Finance


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19602528 No.19602528 [Reply] [Original]

The private pre-sale is going on right now.

https://defimoneymarket.com/
https://twitter.com/DMMDAO


-The DMM created the DMM DAO (DMG token)
-The DMM teamed up with Chainlink back in March
-The DMM also teamed up with the DXdao

https://twitter.com/chainlink/status/1234496138092437504

https://twitter.com/DMMDAO/status/1255959339648446464

>> No.19602550
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19602550

Oh look, who else invested in the DMG token private sale.

Billionaire Tim Draper, who also invested early on Tesla, SpaceX, Coinbase...etc
https://cointelegraph.com/news/billionaire-tim-draper-sees-potential-in-defi-and-backs-new-dao

>> No.19602567

The next 100x
Delete you retard

>> No.19602584
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19602584

There's currently $8.5 million assets active

https://explorer.defimoneymarket.com/

>> No.19602619
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19602619

>>19602567

I already loaded up so there's no need to keep this gem hidden.

The private pre-sale has a minimum of 25 ETH or $5,000 USDC/DAI

>> No.19602624

>>19602619
How much did you get?
D-d-delete

>> No.19602678

>>19602624


atleast 25 ETH / $5,000

=)

>> No.19602697

>>19602678

I bought in a couple days ago when someone mentioned it in a Chainlink thread

>> No.19602719
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19602719

The partners look nice and the list is only growing.

>> No.19602743
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19602743

Gregory Keough, one of the main founders, is as legit as you can get in this space and he use to be in the CIA lol

https://www.linkedin.com/in/gregorykeough/

>> No.19602775

So when and where is the public sale happening for this then?

>> No.19602832

how the fuck do you get a private invite i am willing to throw my eth at this

>> No.19602890

>>19602775

public sale starts june 11th I believe (once the private sale is over)

>> No.19603057

>>19602832

Get the password brosky

>> No.19603087

>>19603057
what the fuck retard tell me how to purchase this right now mongoloid

>> No.19603110

I just noticed Timo is in the DMM discord and seems interested.

>> No.19603174

dude tell me how to fuckin buy in what the fuck is wrong with ur brain

>> No.19603185
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19603185

They also teamed up with coinbase and will use Chainlink for all their price feeds.

Other real world assets might be added later

https://twitter.com/DMMDAO/status/1263517366362628096?s=19

>> No.19603346
File: 545 KB, 1080x2160, Screenshot_20200608-183338.jpg [View same] [iqdb] [saucenao] [google]
19603346

DMM is one of the most legit DeFi project out there.

If you know, you know.

https://twitter.com/DMMDAO/status/1263517367516069889?s=19

>> No.19603389

Why the hell are you shilling this if we can't buy it?

>> No.19603390

do you have to have 25 eth in ur wallet to get the invite?

>> No.19603418

>>19603389
exactly hes being gay its making it seem not legit the way hes shilling this

>> No.19603429 [DELETED] 

>>19603174


Ask for the password on discord. Message one of the team members.

>> No.19603461

>>19603389
>>19603418
Because they want you to buy the public sale. Did you really not figure that out before posting?

>> No.19603561

>>19603461


DMM is doing a Dutch curve auction or whatever it's called. Same as the DXdao sale. The price goes up with every presale purchase.


The public sale might also have a price increase I believe.

>> No.19603618

>>19603561
Do you know where the price is at for the pre sale?

I may participate in the public sale, I may also wait for some nice uniswap panic selling & buy there.

>> No.19603657

Where tf can I buy this.

>> No.19603661

>>19603618

0.0008244

It shows the ETH price in the 3rd pic I posted in this thread.

>> No.19603694

Where buy faggots?

>> No.19603816
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19603816

Private Sale is currently $0.16 per token

Public Sale is June 22nd and price increased 25%

>> No.19603909
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19603909

>>19602743


Gregory use to be the CEO of MasterCard & Telefinoca payments.

Holy shit this guy is next level legit

>> No.19603930

>>19603390


No.

>> No.19603958

>>19603816


It started at $0.16 but increased with presale purchases.

>> No.19604045
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19604045

>>19603958
This shit is going to $10 easily, they're king made from using chainlink and bringing real world assets on-chain, if you know you know

Greg literally worked for the CIA and is the only living person who was awarded the intelligence star medal, literally a fucking OG glowie

>> No.19604244

>>19602528

"Further, as the DMME is overcollateralized – with real-assets yielding more than payments due
to mAsset holders – the DMM DAO is the recipient of a positive income stream that can be used
to fund further loans, capitalize related assets, or otherwise grow the ecosystem. DMG thus
represents the right to govern the project, and a claim on the excess revenue."

So the DMG token allows you to vote on how the protocol evolves, serves as a method of profit sharing IF AND ONLY IF the assets purchased are yielding greater than a 6.25% return (or whatever the community votes on in the future)

Yeah, this won't 100x any time soon lmao

>> No.19604254

>>19603816
This sucks, what will be the market cap then?

>> No.19604260

>>19604045


If Tim Draper is in, I'm also in!

>> No.19604273

>>19604254


Initial sale (presale and public) will only be for 25 million tokens

>> No.19604292

>>19604244
The assets are already generating over 12% yield.

>> No.19604309

>>19602619
I found the DMG Token url but I need the password. Can you help out a fellow biztard

>> No.19604409

>>19604292
>The assets are already generating over 12% yield.
where can I see the curreny yield?

All I have is https://explorer.defimoneymarket.com/ which says 6.25%

>> No.19604411

>>19604273
Ok so with current price + 25% that gives us around 5M cap, sounds fair, will have to see how much it increases by then

>> No.19604447

>>19604411
There are 250M tokens in total, so it would be an implied marketcap of $50M, still dirt cheap imo

>> No.19604497

>>19604447
Heh? Hell no then, I've seen a ton of good projects with a lower cap having a hard time staying above 50M (or even getting there for that matter)

>> No.19604524
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19604524

>>19604409

I was wrong. It's 8%-12%

>> No.19604526
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19604526

Guys forget about that shit, the real shit is MINDS!

MINDS = Facebook on Ethereum It's on Uniswap!

Grab while you can, because tomorrow is for the suckers.

This little GEM has the true potential to go to Moon (100X probably more) till the end of the week. This token has been discreetly featured in a few mainstream publications and it's attracting attention among some big boys.

Decrypt first mentioned during this hot topic:
https://decrypt.co/30290/vitalik-buterin-trump-twitter-clash-need-alternative

Right after they got interested and made a full article around their technology, it:
https://decrypt.co/30386/ethereum-based-social-network-minds-now-has-2-5-million-users

Vice has also been covering the project since as far as last year:
https://www.vice.com/en_us/article/wjvp8y/minds-the-anti-facebook-has-no-idea-what-to-do-about-all-the-neo-nazis

Bill Ottman even went to the Joe Rogan Podcast (his friend) and it was unofficially confirmed that he will return there this month:
https://www.youtube.com/watch?v=mJowz_-pj4U [Embed] [Embed]

In case you want to try and grab some, make sure to use Uniswap v1, because liquidity is even scarcer in v2:

https://v1.uniswap.exchange/swap/0xb26631c6dda06ad89b93c71400d25692de89c068

The plan here is to accumulate while the marketcap is below $2M, and dump after Ottman goes to Joe Rogan again.

Have fun!

>> No.19604555

>>19604497
Most of the tokens aren't circulating, will pump easily with the connections they have, don't miss the forest for the trees here

>> No.19604566

>>19604447


Not all tokens will be in circulation from the start though, which is how market cap is determined.

>> No.19604600

>>19604555

This could be big honestly.

The names involved and the partnerships so far don't get much better.

>> No.19604617

>>19604555
>>19604566
Any info on token release? If initial mcap is indeed around 5-10M it's interesting

>> No.19604684

>>19604617

The token has already been released.. Those who contribute receive their tokens right away.

>> No.19604779

>>19604684
Right but what will be the initial circ. supply and when will the rest be circulated?
Based on >>19604566 it's not all circulating from the start

>> No.19604941

>>19604684
Are these not available on a DEX?

>> No.19604945
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19604945

>>19604524

Additional revenue info

>> No.19604966

>>19604779
The rest of the tokens will be effectively locked until there's a reason to sell them, such as if their revenue justifies it, to keep themselves funded mainly. The sales will also happen via Dutch Auctions. So there's no chance of an inflationary pressure that destroys the price.

>> No.19605108
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19605108

>>19604966


They don't have specifics yet.

>> No.19605175

just buy STA its the same without the big names and is cheap as shit. These big name money projects rarely make money for investors but reward the private institutional investors.

>> No.19605406

>>19605175

what!? they are not even close.

>> No.19605443

MESAHH JA(R) JA BINKS

;)

0xe1d12454CaA2A37e3a22C962eF139532Afc4355B

>> No.19605564

Why is this being shilled here when /biz/ is constantly being used for pnd.
I’m sure the cia glow nigger is aware of biz so I would think it’s plausible that he’s trying to run an op and take my money

>> No.19605751

>>19605443

que?

>>19605564

this is legit. dyor

>> No.19605790

>>19605751
>29 posts by this id

Yeah sure

>> No.19605814

>>19605790


well duh, I'm the thread creator.

>> No.19605823

>>19605814
And you just outed yourself as a shill

>> No.19605863 [DELETED] 

>>19605823
I'm spreading info on a good project. If you know, you know.

>> No.19605904
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19605904

If Timo has a sizable DMG position, you know this is a good project.

>> No.19606228

>>19602567
unless start as a huge money grab

>> No.19606257

>>19602697
whats the token price?

>> No.19606309

whats the password? i have 25 eth ready to be deployed for service

>> No.19606326

>>19604411
but thats only from token sales, but what about other 75% tokens? all 75% have locked up?

>> No.19606340

>>19606257

depends on what you use to purchase. You can buy in ETH, DAI and USDC. All 3 have different limit orders, so price ranges.

Current prices based off the private pre-sale:

ETH = 0.0008244
DAI = 0.177576
USDC = 0.1913

>> No.19606343
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19606343

this is what makes me the comfiest about DMM and LINK (pic related). They have Chainlink Integration in the footer. Look at the CEO. How deep does it go?

>> No.19606362

>>19606309


Ask on their discord if you can get a password. Check the bottom of their website for the discord link

https://defimoneymarket.com/

>> No.19606453

>>19606343


Most if not all DeFi projects that use Chainlink has pumped in price too

Chainlink is involved = brrrrrr

>> No.19606504

When can I throw some ETH into this? What's the min cap??

>> No.19606631

>>19606504

Right now if you can get a password.

pre-sale minimum is 25 ETH or $5k DAI/USDC.

>> No.19606712

delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet delet

>> No.19606817

delete retards

>> No.19606846

>>19602624
>>19602567
>>19606712
>>19606817


k i'll delete

>> No.19606899

wtf it wont let me delete it. It says "you cant delete a post this old"

nooooooooooo

>> No.19607016

MODS

>> No.19607239

delet.

>> No.19607263

>>19606631

so what's the point with this gay thread? just delet

>> No.19607797

Influencers are getting deals, stay the fuck away from this fake ass twitter logo bullshit. Don’t not get lured into the shills

>> No.19607831

If you’re only investing becaus Tim Draper, you’re also a retard and deserve to get burned.

Guy invests in 500 things prolly chump change to him to put in 250k.

>> No.19608106

>>19607263

I can't delete it for whatever reason.

Stop bumping this thread and let it get archived.

>> No.19608108

lots of forced shilling itt but it's certainly an eyebrow raising project
I did my homework very early on, I only get the tingles from two projects per year and this was one of them, and wanted to get some but decided not to

i was early in link, qnt and ubt which were basically the best performing coins of the last couple of years, my guts tell me to invest in enterprise facing layer projects and it's been well rewarded but these are once a year opportunity

but I avoid defi coins because the hype pump potential is actually very limited, only adoption matters which is nice in theory but crypto is still completely clown ruled, and the only things that matters is "dude big bank partnerships" type of bullshit...

but synthetix did just as well as the previous 3, so what do I know. I invested in rsr when it launched, and it had peter thiel as an investor attached and a white californian team, and a forward thinking usecase relying on link, and it sucked, I learned to be very suspicious about this type of coin.

also you have to keep in mind when investing on big names, tim draper has hundreds of projects in his portfolios and in this case it's not even a direct investment, it's a subsidiary ran by two other guys and he just puts him name as a stamp on it, it's shady marketing and doesn't inspire confidence
as for the glow nigger it's definitely seductive, assume that brings him golden connections and open doors everywhere, however look at vids of his previous biz attempts and he just seems.. mediocre as a biz leader. which makes me wonder how he ended up on this. from what I've gathered, dmm is actually a project by a typical small defi team called dolemite i think, and he just became the face of it. because of the nature of the project I get a used car salesman vibe from it I can't shake, so that's a no from me.

timo is a tranny who is wrong half the time but he's a link og and the key to finding the new gems is follow link

>> No.19608300
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19608300

This a nobrainer, CB is interested in mAssets

t. insider

>> No.19608521

DxDao scam is involved. Kek

>> No.19608767

>>19608106
What’s the password to the private sale? You obviously have it

>> No.19608808

>>19608108
Based and balanced write-up. Also, worth noting that Timo was early in Antshares, Eth and Raiblocks, while being dismissive of RSR.

>> No.19608997

>>19605904
What channel is this? Not ChainLink or DMM.

>> No.19609391

>>19602624
fkkkkk up

>> No.19609529

>>19609391

stop bumping this you degen fuck

sage

>> No.19610043

>>19602584
>https://twitter.com/DMMDAO
no new loans in months

>> No.19610229

all I see on their website is a bunch of used car loans

>> No.19610246

Biz

>> No.19610296

this is a glowie honeypot that no one reading this should bother with. don't be baited.

>> No.19610323

>>19602619
How much mDAI does 25 ETH get you?

>> No.19610519

>>19608108
Difference to RSR is that DMM has a working PoC and THEN did a token sale. RSR was shitcoin tier startup because they first made a tokensale and then started building. This shit makes you wait for years until it bears any fruits. DMM is basically in production already so get yo fuckingg bags ready

>> No.19610592

>>19610519
this

Nevin is a strategic brainlet

First IEO, then 3 year-long stealth period
every RSR is absolutely just'd

>> No.19610613

DMG still has only $ 6 million in market capital. if you don't understand that you have to buy here nobody can help you

>> No.19610870
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19610870

>> No.19610969

>>19610870
stop pumping

>> No.19611990

>>19610870
>Chainlinkgod into it
>Timo into it
>Chainlink AMA with DMM
>Literally the first project that actually is going to use Chainlink for what we all dreamed of: connecting the real world data with blockchain data instead of muhh price feed
>Coinbase/Huobi partners

Way more breadcrumbs to come but I'll release the juicy ones during public sale kek. Go watch this to get some insight on how based Gregory is. https://www.youtube.com/watch?v=iYbWxAm7NuU

>> No.19612741

>>19610519
>>19609529
>>19610613
How to buy here tho

>>19611990
Let me in REEEEEEEEEE

>> No.19612783

What time does the public sale start?

>> No.19612831

>>19612783
When the price is already up at least 3x and early investors can dump on you

>> No.19612931

wow what is this shill team trash and what is the password and why shouldn't i just buy more AAVE?

>> No.19613047

>>19602528
*glowing intensifies*

>> No.19613795 [DELETED] 

STAY AWAY GUYS. Criminals want to get rich on the poor. This token will open with a huge marketcap to enrich the rich. Stay away anons. No money to be made here, this criminals are getting rich on you after you made the technology popular. beware.