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26063049 No.26063049 [Reply] [Original]

What is $OPEN?

OpenDAO serves as a bridge between real-world and crypto assets. The goal is to bring more value into the space by providing exposure to real estate, stocks, and more... all in a permissionless and seamless manner. Currently, the protocol is working closely with UMA and Ren to develop new stable coins and in Q1 2021 will release the USDO — a dollar pegged stable coin backed by the world around you: starting with Bitcoin and Ethereum, but rapidly expanding to include other on-chain and off-chain assets.

Is this novel?

Yes, OpenDAO is the first ever project to build out permissionless stablecoins collateralized by both on-chain and off-chain assets

>> No.26063082

Not yet anon

>> No.26063108

>>26063049
Legit project, transparent honest team, cool product. I got double digit targets on this desu

>> No.26063305

$WCRES exists

>> No.26063736

>>26063049
oh fuck delete this please

>> No.26063799

I asked some questions and they're not really trust evoking.
First off only pajeets and chinks in the team, 4 of them related to each other.
Secondly, why should i hold it? USDO may be good but who the fuck needs OPEN? Nobody really gives a fuck about holding DAO governance rights so if you dont have an actual valuecapture its done.

>> No.26063984

>$60m TVL
>confirmed partnerships with UMA and REN

i'm in

>> No.26064370

>>26063049
Token unlock in 30 days, get dumped on you dumb fuckers! This shit is just another GRT scam, lure in unsuspecting morons like yourselves and then unlock tokens and dump on you dumb fuckers. No thanks!

>> No.26064447

>>26063049
Buy BQX instead of a pajeet coin

>> No.26064671

>>26064370
>GRT scam

You lost me. GRT is one of the best projects in crypto now, faggot.

>> No.26064833

GRT is completely different project.

Secured a bag earlier today. Will ride until the token release.

Expect 15m - 20m MC.