Cult DAO Review – Is Cult DAO Legit or Scam

Cult DAO Review

There are many attractive tokens that have great teams behind them and are making sure there is growth and continuity for their projects. You would really want to invest in this kind of projects which guarantees each investor that there are benefits attached to their investments, and even more, you would make sure to invest early so you can enjoy more benefits along the way. The benefits of Cult DAO are closely linked to the utility of such tokens which will be reviewed on this article.

Solana Coin, Cardano Coin and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.

Due to Fear Of Missing Out, a lot of investors have hurriedly delve into investing on a project they have little knowledge about. So on this article, we will review Cult DAO token by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investment.

Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.

About Cult DAO

What is Cult DAO?

CULT is the tradable and liquid token of CULT DAO, transacting CULT will contribute to the protocol by filling the DAO treasury slowly, to fund investments into decentralised technologies. This is achieved due to a 0.4% tax on all CULT transactions.

What is dCULT?

dCULT is just the “proof of stake token” for CULT. When you stake your CULT into the DAO, you are given dCULT, this can be swapped back at any time into the amount of CULT you staked originally, plus any rewards that were given to the DAO in the time period you owned dCULT.

Cult DAO Supply

There are 6,666.67B CULT in supply worldwide.

Pros and Cons of Cult DAO

Pros of Cult DAO
  • There is a surge in the market price currently
  • Project whitepaper available
  • Contract on Ethereum
  • They are fully decentralized
  • A lot of investors are ‘flocking’ to invest
  • It is listed on coinmarketcap
Cons of Cult DAO
  • The coin is still under research and development
  • Multiple issues with its synchronizations between ledgers
  • Not listed on some exchanges
  • No Github profile
  • They have no reddit account
  • No Bitcointalk thread created
  • No traceable features on tradingview

Is Cult DAO Legit or Scam?

A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.

According to research and reviews, Cult DAO have developed a problem solver but with a very weak back up for the token they produce.

Is Cult DAO Safe?

Being willing to invest in any token is a question entirely up to you to answer. Cult DAO token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.

What makes CULT different from other Decentralised Investment Platforms?

There is no control, no human interference whatsoever, they cannot change Cult, they cannot access the liquidity, they cannot upgrade or edit the smart contracts or the token. Cult is different because it cannot be stopped, not by the Guardians, the developers, the government, regulation or anybody. They can destroy the servers but the code lives on, the investments into Decentralised technologies remain.

Make personal research on the coin, visit coin’s official website.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Cult DAO on the comment section below. Don’t forget to rate and leave a review.

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