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 GroupDao 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 GroupDao 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.
What is GroupDao?
GroupDao $GDO is a token designed to reward the users who have made unrequited contributions in Twitter. The most important factor is the number of followers, the second is the amount of statuses posted by the account, and we also refer to registration time. What we want to do is to build a new generation of web3.0-based social media platform with these users. We will create this platform together, govern it through DAO, and share its development rewards. Anyone who creates value will be rewarded fairly on this platform.
$GDO is completely fair launch blockchain project, 50% of the GDO will be airdropped to twitter users for free upfront and will end as soon as 31 January 2022, this ensures all twitter users get Tokens and we notice more users joining the blockchain world because of GDO.
There are 55,281.43B GDO in supply worldwide.
Pros and Cons of GroupDao
Pros of GroupDao
- 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 GroupDao
- 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 GroupDao 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, GroupDao 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 GroupDao Safe?
Being willing to invest in any token is a question entirely up to you to answer. GroupDao 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 GroupDao on the comment section below. Don’t forget to rate and leave a review.