• BitDAO is a decentralized, tokenized, and accessible economy that is managed by BIT token holders.
• The project has recently demonstrated a high potential and is rising by 31.14% since then.
• Peter Thiel and Alan Howard are among the funders of BitDAO which launched in 2021 with over $200 million in private sales.
BitDAO is a decentralized, tokenized, and accessible economy that is managed by BIT token holders. The project was established in 2021 with the aim to construct a decentralized, tokenized, and accessible economy. It is backed by a number of prominent investors such as Peter Thiel and Alan Howard, who have provided over $200 million in private sales to get the project off the ground.
Recently, the project has demonstrated a high potential, with BIT token prices rising by 31.14% in the past week. This has led to speculation that the project could be a good opportunity for investment. To further incentivize investment in the project, the team has recently launched their BIP-18: $BIT Purchase Program, which will run for 50 days starting January 1, 2023, with a target daily purchase amount of 2 million USDT.
In addition to the purchase program, the team is also focused on research and innovation in order to boost DeFi ecosystem liquidity and provide investment opportunities. They are also working on building DeFi products to help projects expand. All of these efforts have created one of the largest DAOs in the crypto industry.
Overall, BitDAO has demonstrated a great potential for growth and has managed to attract the interest of prominent investors. With the launch of their purchase program, they are looking to further incentivize investment in the project. If the project continues to perform well, it could prove to be a great investment opportunity in the near future.