Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Day By Day are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap 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.
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Day By Day token by explaining what the coin is about, insights on the project 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 Day By Day
What is Day By Day?
Day By Day is the World’s First Decentralized Insurance Platform, built and founded in Melbourne, Australia. Using DeFi and NFTs you will be able to create your very own customised insurance policies for better transparency, fairness and cost.
DBD is the utility token that is used for:
- CEX/DEX trading
- Reputation Scoring
- Gift Card Purchasing
- Proof of asset ownership
- Monetising insured assets
Day By Day includes:
- An asset registry app available on the App Store and Google Play
- A business management tool which connects to the app with a work profile for larger organisations.
Day By Day Supply
Pros and Cons of Day By Day
Pros of Day By Day
- 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
- Good navigational website
Cons of Day By Day
- 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 Day By Day 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, Day By Day have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Day By Day Safe?
Being willing to invest in any token is a question entirely up to you to answer. Day By Day 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.
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 Day By Day on the comment section below. Don’t forget to rate and leave a review.