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.
I got like 3k yesterday it defo has potentials with tokenomics like that but the question is will they ducking deliver
Benjamin Butler
Make it stack?
Ayden Adams
> Bamboo relay So no money to even provide liquidity on Uniswap? Even the scamming pajeets have more money than these poofags.
Nathaniel Reed
Samefagging kek. Is this the new thing? Where people forget to change their ips? similar shit in this thread: Wait are you the same guy pumping dead coins after getting a bag?
Eli Jenkins
It will be on uniswap once it launches
Once they end the token sale early all unsold burned and we will be the ones holding the most. Market cap will be less than $100k and we are set for the moon
Juan Wood
Farming with what? Like just holding tokens like comp?
Liam Ross
MKR COMP SNX BAL DMG AKRO
All the hyped up defi shits
Oliver Reed
1k sc 3k make it eoy 2021 6k generational wealth for yo kids grandkids 10k fk u money
Did I miss anything? Kek
Hudson Cox
They're literally pricing the initial sale at $1.156 million. If you think mcap will be < $100k then you're expecting around 1/10 of the tokens to be sold and rest of the 90% to be unsold and burnt? Tokenomics are a joke then.
Elijah Diaz
Q3 2020 Public Sale Launch $BREE Token Contract Launch on Mainnet Initial Prototypes for Governance Dashboard & Farming Dashboard Partnerships with Exchanges & Wallet Services Q4 2020 Governance Dashboard Launch Farming Dashboard Launch Initial Consensus Protocol Launch (incentivized governance protocol) Implementation of Inaugural Proposals by Users Implementation of Farming for DeFi Loan Backers (synthetic defi asset holders such as cUSD) Q1 2021 CBDAO Mobile Application Development (Governance & Farming Dashboard) Inaugural Hackathon for Developers (incentivizing developers to build and research consensus protocols on CBDAO) Implementation of cross-blockchain $BREE tokens Q2 2021 Quarterly Hackathon for Developers (focused on sandbox tools for creating DAOs) Publish Research & Thesis on DAOs built on the blockchain Sandbox Tools (Prototype) for Easy One-click Deployment of DAOs Implementation of cross-blockchain $BREE tokens on the wallet Research on decentralizing the asset value evaluation process for determining farming rates with off-chain oracles Q3 2021 Quarterly Hackathon for Developers (focused on voting mechanisms & tools) Launch Sandbox Tools for Easy One-click Deployment of DAOs Integration of DeFi Tools on the $BREE Wallet (merge and create an all-in-one solution for #DeFi users) (Prototype) Connecting off-chain oracles to evaluate an asset’s overall value to determine on-chain farming rates Q4 2021 Quarterly Hackathon for Developers (focused on connecting off-chain oracles to on-chain voting mechanisms) Publish Research & Thesis on DCPs Focused on Incentivized Governance Protocols Complete decentralization of determining farming rates for a given asset Development of a for-profit organization focused on deploying DAOs on the blockchain for enterprises
Roadmap got me jizzin
Xavier Green
Burn it all burn burn!!!!
Fagtards love the idea of burning
Joseph Robinson
CBDAO will focus on growing the initial user base by attracting users who are already familiar with DAOs. This will be done through the ability to ‘farm’ $BREE tokens by holding other governance assets such as: Maker (MKR) Compound (COMP) Synthetix (SNX) Balancer (BAL) DMM Governance (DMG) Akropolis (AKRO) More governance assets will be added in the near future. To learn more about how farming rates are determined, please read: medium.com/@coinbreeder/how-farming-rates-are-determined-c207295b4e0c
Ethan Ward
Everything about this looks shady, name and graphics included (the guy is using a rake for "breeding"). Medium, twitter and website went live like a week ago. Who are the team and how can I vet them?
Joseph Roberts
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
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 why they went user.
Judging by their blog posts it seems like they know exactly what they’re up to and how a dao should operate but then again this is fuckiing crypto so DYOR.
Blake Collins
>low cap defi gem potential x10 this one: ASKO is unpumped, just above 1c and just broke it's ATH 10 minutes ago, going to 5c from here. These defis easily pull off 10c, so it's a no brainer to gain an x5 to x10 here
There was a user in TG who suggested evidence that they are from MKR team but it got deleted. The contact form used to have a bd@makerdao address but got deleted
Carter Morris
Asko? Now that’s a scam fo real
Thomas Stewart
How do we get this BREE shit?
Julian Morgan
Can you try emailing them there and let us know? Also can someone post about this on Maker telegram and ask if it's their team or is someone impersonating as them? Should be good enough evidence.
Nolan Gutierrez
coinbreeder.com
Jason Walker
Go back to plebbit nerd. Cringe.
Buy DMG.
Nicholas Morgan
They are not from MKR. It’s just hopium induced rumors created by bag holders
Jose Kelly
Is 9 eth enough? I got mines a few days ago. Can easily see 20x with this shitcoin
Hunter Myers
How much time do I have left?
I'm torn between this and RING. Pros: Very low supply depending on how many whales accumulate Cons: Everyone buys at the same price and there needs to be incentive to sell and hold before new buyers come in.
This needs advertising like Unit Protocol. This needs liquidity on Uniswap or better exchanges than Hobi and Bamboo. What's the usecase? Unit Protocol is the next MakerDao (but it'll take months) I'm pretty sure these guys are actually from DAOX. Another project advertised as an experiment. DAOX had problems by being low liquidity, but at least they gave "free" airdrops and most of the money you spent on DAOX back after they cancelled the project.
Ryan Gonzalez
>How much time do I have left? Their sale is literally public on Bamboo relay, they only sold 62k so far out of 1.5M kek
