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Market

Market stats

Market cap

-

Volume (24h)

$21,983.48

Circulating supply

-

All time high

$0.30

Price change (1h)

-0.1%

Price change (24h)

+2.02%

Price change (7d)

+8.62%

About BaconDAO

What Is BaconDAO (BACON)?

BaconDAO is a Decentralized Autonomous Organization (DAO) that brings collaborative learning and trading of cryptocurrencies into one place. A DAO  is an organization that developers create to automate decisions and transactions. The BaconDAO aims to build a vast and knowledgeable crypto community by harnessing its knowledge to help the community learn and earn profits from the digital currencies. BaconDAO also aims to become a full-stack NFT Incubator with an NFT launchpad and offer these services to its community. It seeks to use the funds from the revenue generated to the community. 

According to its whitepaper, BaconDAO offers a variety of features to solve the shortcomings of other digital currencies. Following are the problems and solutions: 

  • BaconDAO members don't need to purchase a membership, unlike other crypto-paid groups. Instead, users can hold native tokens of BaconDAO in their wallets for memberships, and at any point in time, they can trade their coins to get their funds back.

  • Most paid groups focus on gaining profits from expensive membership fees and often have a low quality of information. However, BaconDAO contributors have a vested interest in improving the community's content and services. Their profits depend upon the token's success. 

  • Other crypto-paid groups lack collaborative research and education. BaconDAO encourages sharing helpful information and resources to cultivate collaborative research and learning environment. The platform rewards such members who provide valuable data. 

  • Private sales are usually accessible by individuals with connections and significant capital. However, BaconDAO does not discriminate between small traders and significant VC funds. It also allows all the pool members to participate in private sales. 

  • Most paid groups don't cater to the members and allow them to vote. BaconDAO members, on the other hand, can vote on decisions of the DAO by holding the BACON token. 

The BACON token is the native ERC-20 token of the BaconDAO ecosystem that works on the Ethereum blockchain. The BACON token is a membership-based governance token. The token owners can use it for trading in the BaconDAO ecosystem. A governance token is a token that empowers its owners to participate in the voting to shape the future of a protocol. BACON token holders can access discord channels for exclusive content, altcoin gems, private sales, and more. Token owners can also participate in voting, determine the future of BaconDAO and earn BACON coins. 

In tokenomics, the BaconDAO ecosystem has allocated the total token supply as follows:

  • Thirty percent of the tokens are reserved for future usage. 

  • One percent of the tokens are for airdropping to the initial contributors and long-term members. 

  • Five percent of the tokens are allocated for the strategic advisors. 

  • Two percent of the tokens are allocated for public sale. 

  • Five percent of the tokens are for seed sales.

  • Four percent of the tokens are private sales A.

  • Four percent of the tokens are private sales B.

  • Thirty-six percent of the tokens go for community issuance. 

  • Ten percent of the tokens are for team.

  • Three percent of the tokens have been allocated for the DEX liquidity. 

Liquidity is the easy conversion of an asset into traditional currency without impacting the market price.

History of BaconDAO (BACON)

The total supply of BACON tokens is 200,000,000 BACON. The whitepaper was published on May 24, 2021. 

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Coinbase Bytes

Coinbase Bytes

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BaconDAO is on the rise this week.

The price of BaconDAO has risen by 8.62% in the past 7 days. The price increased by 2.02% in the last 24 hours. In just the past hour, the price shrunk by 0.10%. The current price is $0.000153 per BACON. BaconDAO is 99.95% below the all time high of $0.30.

The current circulating supply is 0 BACON.

FAQ

What is the current price of BaconDAO?

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

What is the market cap of BaconDAO?

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

What is the all time high of BaconDAO?

The all-time high of BaconDAO is $0.30. This all-time high is highest price paid for BaconDAO since it was launched.

What is the 24 hour trading volume of BaconDAO?

Over the last 24 hours, the trading volume of BaconDAO is $21.98K.

What other assets are similar to BaconDAO?

Assets that have a similar market cap to BaconDAO include Statik, SILK, Auric Network, and many others. To see a full list, see our comparable market cap assets.

How many BaconDAO are there?

The current circulating supply of BaconDAO is 0.

Can I buy BaconDAO on Coinbase?

Yes, BaconDAO is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy BaconDAO guide.

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