Bit DAO
Bit DAO
About
Bit DAO is a decentralized autonomous organization (DAO) that aims to build a decentralized tokenized economy. The DAO is built on the Ethereum blockchain and uses smart contracts to automate the governance process. BIT token holders can participate in the DAO by voting on proposals, electing members of the Council, and submitting proposals.
Roadmap
Bit DAO is one of the largest DeFi DAOs in the world. The DAO has a proven track record of success, and it is committed to helping its members build a decentralized tokenized economy. If you are interested in getting involved in the DeFi space, Bit DAO is a great place to start.
- Bit DAO was founded in 2021 by Matthew Tan, a former investment banker.
- Bit DAO has invested in over 50 DeFi projects, including Aave, Compound, and Uniswap.
- Bit DAO has a community of over 10,000 members.
- Bit DAO has helped to onboard over 1,000 developers to the DeFi space.
- Bit DAO has generated over $100 million in revenue for its members.
"Open finance and a decentralized tokenized economy."
Tokenomics
- Total supply: 10 billion BIT tokens
- Initial distribution:
- 40% to the DAO treasury
- 20% to the team and future team + advisors
- 20% to investors
- 20% to the community
- Tokenomics:
- BIT tokens can be used to participate in the DAO’s governance process.
- BIT tokens can be staked to earn rewards.
- BIT tokens can be used to purchase assets.
