I have done some research and finally found a quiet project with literally 0 hype none whatsoever around it anons. Just don't forget to thank me later once it moons with the launch. I have already secured by bag so I might be a bit biased in this so you go do your own research anons.
I will just arrange some of my findings for you because I know you are lazy as fuck when it comes to researching.
Coin Breeder DAO wants to serve as the ultimate sandbox for blockchain developers, researchers, defi yield farmers and users to experiment and test various voting mechanisms on decentralized autonomous organizations (DAO). The team members are actually working for another live DAO project but they are not disclosing exactly where and who they are (this is my biggest and only issue with them). The purpose of CBDAO as they say is in 'freely experimenting consensus protocols and incentivized governance programs without limitations to regulations and political aspects existing internally and externally'. I guess they are from a big DAO project probably based in the US and they can't experiment stuff on their own platforms probably due to regulations and internal politics.
Tokenomics article says we can farm, stake BREE and there will be multiple burning mechanisms involved like burning votes.
I have went in deeper with my autistic skills at work to predict the market cap and some potential gains in this.
Max supply is 10m and initial supply is proposed to be 2m but it will be much much less than that because I am 100% certain that they won't be able to sell much with this level of hype around them. All unsold tokens are proposed to be burned.
I am guesstimating about 200,000 BREE to be sold during the public sale. This means the initial circulating supply will be about 260,000 including the initial liquidity (33% of the total sold).
Public sale price is $0.5 so that will put this at a low as fuck market cap of $130k. Now this won't make sense won't it with the ability to farm it with other A+ governance assets like MKR and COMP and being able to use it for governance purposes. I expect this to at least reach $3-$5. Even at $3 this still puts it at a $1m market cap only. This is a conservative prediction and once they push those 'marketing initiatives' with the farming and staking, the hype and fomo train shall begin.
It's just my opinion and wanted to share my findings with you anons I hope we can ride this together and party in Bali later on. But always do your own research for fucksakes can't stress this enough anons.
Thanks for sharing kek I like the tokenomics of this maybe I will hop in soon but it’s too difficult for me to understand what they are trying to achieve
Christopher Flores
I got in yesterday. Got some decent bag on it and waiting for them to end the sale earlier!!! Someone on telegram said they are from the Maker DAO team in disguise to experiment consensus protocols externally but that got deleted after a while sooooo what’s up with that? Hehehe
Eli Gomez
Those are just based rumors I think. Don't get in for those stupid rumors and see the vision they have. Roadmap is packed with hackathons to develop DAO tools so this should be interesting to autist devs at the minimum. Which also kinda means everything in crypto lol
Tyler Lopez
When sale end sir? Make it stack list??
David Rodriguez
6k longterm hodler reporting in sarge
MIS Guide 1k suicide stack 3k make it eoy 2021 6k fk u money 10k enjoy life on your own private island sipping on margaritas stack
Daniel Jones
lol that was quick
Robert Walker
are you trying to samefag?
Luke Stewart
Soooo we can farm and stake and create proposals and vote and they burn burn burn is pretty much the story of the project? Kool. That’s been the story of almost all those darn hyped up defi projects pretty much lmfao
MC seems to be too low and your guesstimate is too modest shall I say. If this really blows I expect at least 1000% but wtfdik it’s fckin crypto after all
Noah Thomas
Ty for sharing this If I were you I woulda have zipped my mouth shut until the public sale ended. Credit is due where it belongs so there’s that.
Moving on who the fuck makes make it stack guides like that what an idiotic fag
John Smith
Wtf is this project like an all in one package of defi hype and dao hype combined? Kek
Jace Davis
pretty much yes pretty much no? do some research user like I've mentioned on the OP
All these projects with decentralized this decentralized that can go fck offf Bitcoin is the only real crypto all other stuff can rot down in hell
Camden Turner
Sure... you do you user
Ethan Allen
Is there any one pager or infographics that I can read? I hate reading long ass articles
James Sullivan
I think they are stupid by having such a high public sale price. Valuing the it at 5 million ish market cap. Let people get in cheaper and they will pump it themselves.
Leo Russell
gonna look into it
Alexander Roberts
Can your btc do 10x in 5 days ? Kek
Adam Hill
Initial market cap with circ supply will be less than 1m could be much less if they burn unsold tokens. Shits going to the moon and beyond
Samuel Taylor
Ikr? BTC Maximalists make me puke seriously
Oliver Evans
Put in 7 eth Is that enough?
Samuel Scott
I got my 9 eth bag yesterday thinking to accumulate more. These guys will end the sale early and burn all those unsold ones MC will be modest as fuck
Mason Mitchell
team is anonymous?
Jose Turner
Oii at least spend 10 minutes to do some research? baka read their litepaper if you don't "like reading" like wtf go to their website for that link I've spoonfed you enough in the OP
You legend. Let's send this
Landon Peterson
Yeah that's my concern as well desu. They disclosed today that they are 3 developers who are actually working on a live DAO project but created this to make it the ultimate sandbox? to experiment and test consensus protocols and incentivized governance programs without limitations from regulations and internal/external politics. So I assume they are in a DAO project which probably has a complex team with internal/external pressure with regulations & politics involved. The 'incentivized' part can make a token fall under securities so I assume they want to avoid that. Someone accused them of coming from MakerDAO but got no response. I will use my autist skills to dig deeper into this hmmm
Henry Taylor
[email protected] Can I please have your breadcrumbs/rumours before you announce it to the whole planet? I know it's unfair, but I only need 1 more 100x to make it after Statera. It's been painful hodling. I missed BONK when I should have caught it.
Colton Moore
Staking and farming are all passive income shit which makes the SEC drool. The token buy back and burn shit too can be on the borderlines. That’s prolly y they hid themselves?
Judging by their blog posts it seems like they know exactly wot they’re up to and how a dao should operate but then again this is fuckiing crypto so stay fucking vigilant ya fags
Ryder Morris
The next 100x info is right in front of your eyes kek
Joshua Wright
Dis piece of information was very good sir I hereby promote you as a General. Now stop shilling this sir wait until at least the public sale ends you don get the shill moon dump equation sir? Y u no understand like dat sir?
Xavier Rodriguez
I'm still staring at Unit Protocol(COL) the pink duck token.
Robert Richardson
F.off I share what needs to be shared since this community basically helped me x40 my bags
On a serious note the incentivized governance protocol they use on CBDAO is exactly the kind of mechanism Vitalik envisioned when DAOs were first introduced.
