Tired of missing out? Here is the next coin to go on an ONX/BAO/Rook like run.

[Anonymous No.28191996]

Marketcap: 5 million
TVL: 78 million
Partners: REN, UMA, OCEAN, DSD, more to be announced soon (confirmed on telegram).

>What is it?

OpenDAO serves as a bridge between real-world and crypto assets. The goal is to bring more value into the space by providing exposure to real estate, stocks, and more... all in a permissionless and seamless manner. Currently, the protocol is working closely with UMA and Ren to develop new stable coins and in Q1 2021 will release the USDO — a dollar pegged stable coin backed by the world around you: starting with Bitcoin and Ethereum, but rapidly expanding to include other on-chain and off-chain assets. Holders of crypto and traditional assets will be able to mint stablecoins against them, retaining their asset holdings while unlocking more capital to invest, yield farm, or do as they please. There are confirmed additional partnerships in telegram, as well as a sushi stablecoin rumor.

[Anonymous No.28192058]

>>28191996
>Okay, so why does this matter? What is the long game?
While DeFi inaugurates a number of improvements over traditional finance, some of its more novel propositions are:
1. Democratization of finance (decentralization, ability for retail investors to tap into advanced financial tools)
2. Unlocking liquidity and untapped value of assets via lending and other methods (yield farming, etc).

OpenDAO capitalizes on these propositions by allowing institutional investors to turn illiquid assets liquid. Think of a property owner, who, wanting to invest further, tokenizes their property and then uses it as a debt instrument to access more capital to do as he pleases through OpenDAO. Think also of a retail investor, wary of volatility in crypto, who invests in property (or stocks) through OpenDAO and then mints stablecoins against his asset holdings to do as he pleases.
We can see then that OpenDAO is not just about tokenizing assets, but also about creating a system that creates value through unlocking untapped liquidity in both DeFi, and traditional finance.

>Okay, give me a brief TLDR
OpenDAO allows you to have instantaneous creation of credit on demand and a global defi bank that can create sound money backed by real world productive assets.
OpenDAO is a stablecoin minting ecosystem that opens up an entirely new world of credit for DeFi projects as well as traditional assets.

[Anonymous No.28192143]

>Okay, you have me interested. Why is OpenDAO seated for success?
1. The team, Moresh and Sean have years of experience in investment banking and real estate and have already tokenized assets on ethereum. The UMA project lead has personally known many of the team for years prior to UMA, and has stated that he has been very impressed with the teams ability to bring real estate to ethereum.
2. The partners. OpenDAO's is partnered with DeFi heavy hitters such as UMA, REN, OCEAN and DSD. These projects have marketcaps ranging from 20x-400x the market cap of OPEN. The UMA founder has stated they are "working closely" with OpenDAO and REN has stated that they've been working closely together for years. They have also confirmed in Telegram that they have more announcements to come.

For projects of the kind of stature of UMA, REN, and OCEAN, reputation is everything. These players are only going to partner with projects they believe can succeed, and they will also be leveraging their status in the space with the sort of connections and resources that OpenDAO needs to become a major player in DeFi.

Do you remember what happened when people put 2+2 together with Rook's integration with REN? Partnerships are everything in this space and OPEN is already sitting with some of the largest partnerships a project could have.

3. The product. I've covered it above, but it goes without saying that unlocking instant credit through illiquid assets is extremely valuable. Advanced forms of lending and credit are the future of DeFi and are also one of the primary channels in which traditional finance will seek to leverage DeFi for further value.

[Anonymous No.28192429]

>>28191996
how much do I have. 2. buy 2 make it

[Anonymous No.28193566]

>>28191996
EOY predictions?

[Anonymous No.28194083]

>>28193566
i think a 100x could be possible because it would be a marketcap of 500 million with an fdv of 2 billion and during the last bullring in 2017 300 million market cap was a low cap. but idk what the make it and suicide stacks are . I think it will 10x in the next 2 months tho also

[Anonymous No.28194162]

"the team"