BitDAO is not tradable on Coinbase.

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About BitDAO

BIT is an Ethereum token that governs BitDAO, a protocol designed to support builders of decentralized technologies. BitDAO plans to provide grants for development of decentralized technologies including DeFi apps, governance protocols, layer 1 or layer 2 blockchains, privacy, and NFTs. Proposals, treasury allocations, and protocol changes can be voted upon by BIT token holders. Note: Coinbase only supports BIT on the Ethereum blockchain (ERC-20).

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£0.3493

Trading Insights

Market Stats

Market Cap

Not enough data

FDV

£3.48B

Circ. Supply

Not enough data

Max Supply

10B BIT

Total Supply

10B BIT

Diluted Valuation

£39.78M

Performance

Popularity

#5,823

Dominance

Not enough data

Volume (24H)

£4.33K

561.61%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

£3.53

Price Change (1Y)

Not enough data

20.21%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment risk

Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.

Additional details

Recent trends

The price of BitDAO has increased by 0.25% in the last hour and decreased by 0.95% in the past 24 hours. BitDAO’s price has also fallen by 10.63% in the past week. The current price is £0.3493 per BIT with a 24-hour trading volume of £4.33K. Currently, BitDAO is valued at 90.11% below its all time high of £3.53. This all-time high was the highest price paid for BitDAO since its launch.

The current circulating supply of BitDAO is 0 BIT which means that BitDAO has as total market cap of £0.00.

Market details

BIT vs markets

↗ 26.27%

BIT vs BTC

↗ 43.64%

BIT vs ETH

↗ 16.81%

Tags

dao

governance

spartan-group

ftx-bankruptcy-estate

Network & Addresses

Network
Address

Ethereum

0x1A4b46696b2bB4794Eb3D4c26f1c55F9170fa4C5

Price history

Time
Price
Change
Today
£0.3493
-0.84%
1 Day
£0.3529
-0.95%
1 Week
£0.3937
-10.63%
1 Month
£0.4952
-30.47%
1 Year
£0.425
-20.21%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

BitDAO aims to create a DAO (decentralized autonomous organization) with billions in forecasted contributions and existing assets. The platform has a focal mission to support builders of the decentralized economy. In addition, BitDAO functions as an open platform that accepts proposals, and the platform’s token holders can vote upon these proposals. The proposals can be direct partnerships or swaps with numerous projects, or expansion through specialized autonomous entities, including ecosystem funds, artist guilds, farming cooperatives, and R&D Labs.

BitDAO endeavors to build an economy that gets continuous support from decentralized assets, decentralized technologies, and DAOs. The platform simply wants to showcase the potential of DAOs.

Next, the BitDAO ecosystem works toward becoming the largest autonomous network by creating and partnering with specialized autonomous entities. This process generates ecosystem funds, art, farming, R&D, venture, events, grants, DAO operation services, education, etc. The platform also encourages autonomous entities to create and partner with other similar entities to enable fractal expansion. BitDAO boosts its partners to become category leaders via R&D Labs, liquidity, funding, and operational support. Moreover, BitDAO seeks to make the creation and operations of autonomous entities as efficient and convenient as possible.

According to the BitDAO ecosystem, the key to success is partnering up with top projects and explicitly created autonomous entities. BitDAO aims to have billions in assets and recurring contributions. The success of BitDAO solely depends on its partners; the success of partner projects is directly proportional to the value of BitDAO treasury.

The BitDAO platform is owned and governed by the BIT (governance token of BitDAO) token holders. The initial governance policy includes token swaps with existing and upcoming projects along with treasury allocation and updates of BitDAO core protocols. The BitDAO governance functions in two phases. 

In phase 1, BitDAO uses the standard setup of Gnosis Safe, Gnosis Snapshot off-chain governance, and multi-signature administrators.

Phase 2 consists of building a customized governance module. Gnosis Safe provides crypto projects with multi-sig control, and Gnosis Snapshot functions as an off-chain vote aggregation platform.Multi-sig is an abbreviation for multi-signature, a sort of digital signature that allows two or more people to sign documents as a group.

BitDAO is a community-driven project with numerous builders and stakeholders. The community holds the BIT tokens and is highly motivated to provide continuous support for the success of this project. The maximum total supply for the BIT token is 10,000,000,000.

We update our BitDAO to GBP currency in real-time. Get the live price of BitDAO on Coinbase.

The current market cap of BitDAO is £0.00. A high market cap implies that the asset is highly valued by the market.

The all-time high of BitDAO is £3.53. This all-time high is highest price paid for BitDAO since it was launched.

Over the last 24 hours, the trading volume of BitDAO is £4.334K.

Assets that have a similar market cap to BitDAO include Lydia Finance, Moonpot, Pulsechain, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of BitDAO is 0.

BitDAO ranks 247 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 100% of Coinbase users are buying BitDAO. In other words, 100% of Coinbase customers have increased their net position in BitDAO over the past 24 hours through trading.

Social stats

Popularity in posts

#779

Contributors

7

Posts

8

% About BitDAO

0.015%

Articles

0

X (Twitter)

0% bullish

Sentiment

4.0 ★

Highlights

7 unique individuals are talking about BitDAO and it is ranked #779 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, BitDAO has an average sentiment score of 4.0 out of 5. Finally, BitDAO is becoming less newsworthy, with 0 news articles published about BitDAO.

On Twitter, people are mostly neutral about BitDAO. There were 0% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about BitDAO. 100% of tweets were neutral about BitDAO. These sentiments are based on 1 tweets.

On Reddit, BitDAO was mentioned in 1 Reddit posts and there were 2 comments about BitDAO. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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