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Cook Finance - Reviewing partnerships with different notable firms and projects
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Wealth management, no. But I know of a DAO that does decentralised VC funding and partnerships for its members called DuckDAO. They have been incubating some pretty hot projects that anyone can get access to if they hold $DDIM tokens. There's no other requirement aside from that. Official link: duckdao.io
I suppose it's the same as the DDIM incubator for example but for good artists who use the platform
@melalienetwork, $MEL, $DDIM and @dao_duck https://twitter.com/Edder74635842/status/1380164825884467208?s=20
Sounds like DDIM but on BSC, which means it could become huge. Interesting opportunity
I just looked at the DDIM chart and I remembered how I bought 10 tokens for $13 and sold at $35 in late December. Price is now $88 😐
Don't blame the polkadot network. Don't blame the IDO (Initial Dex Offering). This "10x token offering" model is popularized by Polkastarter. And yes, I hate this business model. They started a minimum of private sale for holders with 1000 $POLS. After some projects launched, they raised it to 3000 $POLS. Yep, that is shit. ​ How does Polkastarter work? \- Buy and hodl 3000 $POLS (Currently \~15k USD) \- Try your luck by whitelisting yourself in one of the IDO, Initial DEX Offering (This process is centralized, using google docs. Only ±300 participants will be whitelisted) \- If you get whitelisted, you can buy the token with a max allocation of 0.1 $ETH \- Yet, you'll be "guaranteed" having a 5x after the token listed on uniswap (This isn't bs, projects listed on Polkastarter usually have a market cap below 1m USD. The team can easily list the token on Uniswap with a market cap of around 5m) \- If your token is in a hype, you'll be getting an additional 2x, 5x, 10x, or 20x. It means you'll get 10x, 25x, 50x, or 100x in total ​ **Why I hate this business model? It is just not fair. The true IDO should be decentralized.** ***Every user should get the same opportunity.*** Here're the examples of what I called the true IDO I bought $COMBO on Balancer LBP. I bought $API3 on Mesa DEX. I bought $ROCKS on Bounce Finance. When those tokens listed on Uniswap, the starting price is 'natural'. It is not controlled by the team who launch the token. I don't need $BAL, $GNO, or $BOT to join the IDO. When $COMBO and $ROCKS listed on uniswap it drops -50%. IT IS GOOD. Why? Because it is a feature of a free market. If you want to join a fair private sale, you should try DuckDao, a decentralized incubator. You can join the private sale with 200 DDIM (currently \~17k USD).
I 100% agree with your analysis. I happened to stumble upon them not too long ago and complained when my friend asked me to get them when they were a couple of bucks (2.5$ to be exact), but still I did it when I read that holding $POLS was a requirement to get in on any of the deals, and so relunctantly I got them! I say that, knowing today that it was one of the better decisions that I have made so far in crypto, since I have been learning as I go. My bag more than doubled because just in the last 10 days so many new projects have come in to the Polkastarter platform and in order to get in any of them people needed to have held these tokens for at least 7 days prior. At one time the $POLS went as high as 7$ and yet I would not even think of selling them, as I'd be missing out on deals and the cost to buy them again probably will keep increasing. I also did the same with 2500 $PAID which I have gotten a few days ago and have slightly increased since, it is the same concept as $POLS. Perhaps , however, the opportunity lies elsewhere, as there is another company that is in this space it is called TrustSwap $SWAP, they are also bringing in project deals that some do these 20x etc.. and their price is still $2, a couple of days ago it was around $1.15. I am quite convinced they too could roam around $4 least in next few weeks with long term I feel 6 is a reasonable price or eventually they would need to change the rules or add another fund as the barriere of entry would be prohibitive (the same goes with the other ecosystems in fact). Another such echosystem are Duck Dao and Duck Starter ( $DDIM & $DUCK ) I am sure they could go up as well as they have many projects as well. I do hang around all these companies' telegram group and interact, I found the most professional team in dealing with the investors has been the team from $POLS, the most rude interaction which was unwarranted seeing that i am one of their investors was with $DUCK, but this is typical Telegram chat and this is about making money not about whether we like how they treat their investors, though it should also count a bit and I guess you stay where you feel the most at ease with.