/biz/ - Business & Finance

Name a more oversold coin. You can't. I know this KuCoin hack nonsense is hard to sort through. Generally speaking we have some massive positivity coming in with our first *real* asset introducers & NFTs that are backed by DMG, which will remove massive amounts of DMG from the circulating supply. I think we may end up breaking the record for most expensive NFT purchases. Qori capital is buying theirs for $100k... you can only imagine what one would sell for in the US for a US asset introducer.

These DMG prices are the buying opportunity of the century. Once our AUM goes up (to, say, $100mm), we'll be on track to burn tens of millions of DMG at these prices. The circulating supply will shrink to nothing and it's is going to explode.

Bitmax AMA : https://twitter.com/BitMax_Official/status/1321312851429068802

Quori Capital (huge) : https://www.crowdfundinsider.com/2020/10/167658-financial-management-company-qori-capital-applies-to-become-an-affiliate-member-of-defi-money-market/


DMG locked in NFTs are removed from the circulating supply. We're working on a scheme where users can purchase the NFTs and we'll price match them using the locked tokens to amplify the DMG backing each NFT. This does two things in tandem:

1) Reduce the current circulating supply
2) Take tokens that are currently locked and keep them locked, whereby they never touch circulation.

Why does this matter? Those bullish on the ecosystem should want to get these NFTs because they function as franchise rights for the ecosystem. The NFTs are finite and in order to become an asset introducer you need to do two things:

1) Own an NFT for your specific region
2) Have the DAO vote to allow you to draw down funds, therefore "activating" your NFT to perform its functional use.

boom

LFG boyz. This is criminally undervalued

>almostlikestealing.gif

https://twitter.com/BitMax_Official/status/1321276011502276614

>>23566491
Nah.

>>23566408
Go look at NFT's. Quori Capital.

Finally. LFG glowies.

https://twitter.com/BitMax_Official/status/1321276011502276614