Let’s get a good thread going
So... do I buy DMG or not?
Buy DXD instead
buy dxd, dmg is garbage
It's being shilled that hard it hurts, I wanna go all in but I can feel it's not gonna be a fun time.
Is there anyway to store this on a Nano S? Or do I have to keep it on some shitty exchange?
buy dxd and get DMG for free
You will be able to get it cheaper on Monday if you're quick enough, but the artibitrage opportunity presented by the initial public sales price compared to uniswap is going to fill up VERY quickly.
If you believe they're really managing real assets, this valuation is still a fucking steal.
its erc20, compatible with any ethereum wallet
public sale is happening on their website and mesa.eth I believe
What type of wallet can I store this in
I put in $2500 at .50 something so if it’s bullshit it’ll be the first time in a while that bizjeets got me
I don't get the hype.
I am reading the whitepaper and everyone is getting excited over... shares of a car leasing company???
plz explain
Yeah, by people who know what the fuck they are talking about.
keyword: was
kek sure buy a commie no use coin
generalize bro. they have a way to pay depositors with interest payments from loans on reap world assets
Yes, but the Underlying assumption is that they are making real world investments that generate income. this is a pretty big assumption no?
I cannot see how this project is any different from a mutual fund, except for the fact that it is decentralized.
Honestly looking for feedback.
they are a middleman. already existing loan servicers handle the loan process, dmmdao buys liens on tranches of loans using deposits.
Jesus fuck the brainlets in here. DMM is bringing DeFi to actual collateralized assets. The market capture here could eventually be in the billions. Notes in a single aviation securitization spin off enough % to cover their 6.25%. If this is done right, DMM could one day have ten digits of capital through it.
Brainlet here
What is the value that you see here in the finance being decentralized? Is the value simply that anyone can buy in?
Wouldn't it make more sense to invest in a company that has professionals loan stuff out (i.e a bank) than a "company" run buy whoever buys its token?
>Is the value simply that anyone can buy in?
Simple, but very important
>Wouldn't it make more sense to invest in a company that has professionals loan stuff out (i.e a bank) than a "company" run buy whoever buys its token?
A lot of overhead there.
Uncensorability, trustlessness, no middleman skimming profits.
Banks are bloated, slow, subject to numerous restrictions and slow internal approvals, and offer no value add. DMM essentially brings crowdfunding to stable yield, without KYC. The purpose of banks is deploying capital, and DMM does it 100x more efficiently. A single securitization can have $2 bil in 7% notes, right now DMM has something like $8 mil in car equity loans. The math is insane.
Ok tell us your bag and target price Jew
Might sell some on a $2 spike near term but I’m holding at least until other asset classes brought in. They literally don’t have any competition
I was going to tp at 2 but it's trading at 2x the public sale price right now so I don't know any more
not sure if bullish or bearish
Depends on if you think DEFI will take off
Are you a gambling man?
I'm buying
Yes. Try and get into the pre-sale. If you miss out, buy on uniswap asap right after.
It's a buy desu
DeFi is blowing up before your eyes and you don't buy a new protocol with no competition bringing real world assets to the blockchain. To top it all off, they are working with Chainlink to make this happen.
You would be an idiot to not hold even a small bag of this long term. The reward outweighs the risk by a fuck ton