Magnet DAO($MAG)
$0.01040259
Low $0.0
High $0.0
1h
-4h
-1d
-
Volume
$9.00
Market Cap
$2,710,258.00
Fully Diluted
$1,040,259,000,000.00
Market cap Value
0.00 %
Circulating Supply
3,831,273
Max Supply
100,000,000,000,000
Total Supply
13,094,910
% of Max Supply
0.00%Tags
Funds
No funds found
Data not found or doesn't existInfluencers
No influencers found
Data not found or doesn't existCoinScouts Grade
What is Magnet DAO?
Magnet is the next evolution of the reserve currency protocol. Unlike first-generation protocol models, our goals lay beyond simple market cap and treasury growth from bonding. Instead, we use 10% of bond profits to invest in high-quality c...
Magnet is the next evolution of the reserve currency protocol. Unlike first-generation protocol models, our goals lay beyond simple market cap and treasury growth from bonding. Instead, we use 10% of bond profits to invest in high-quality crypto startups, helping them grow from the earliest stages and effectively turning the DAO into an on-chain venture fund. All tokens acquired by the DAO will be owned by the treasury, creating exponential value and unmatched upside for investors.
Magnet DAO holds strong values in transparency, fairness, security, and innovation. From a security standpoint, all contracts in the protocol are MultiSig, and the team has recently engaged Paladin to conduct a full audit for the protocol. From an innovative standpoint, we are developing novel pre-sale and fair launch mechanisms, which bolster the protocol’s treasury and allow the entire community to invest in Magnet DAO in its earliest stages. This concept significantly distributes our network and mitigates any concentrated holders or ‘whales’.
As the first reserve currency protocol to introduce the concept of decentralized venture capital, Magnet DAO needed the right team to bring its innovations to fruition. Our developers stem from a wide variety of backgrounds, including crypto venture capital, software engineering, graphic design, marketing, and many more disciplines which lend value to the vision of the protocol. While early-stage investments are a focus, the team plans to have a very hands-on approach: establishing a builder-first mindset in our incubation model, building protocols in-house, and working directly with developers and founders in their project’s earliest stages. This will enable us to provide proper guidance, necessary funding, and a revolutionized approach to the traditional Web 2.0 crypto-accelerator model.
Chart
Magnet DAO Statistics
Price change 1 hour
0.00%Price change 24 hour
0.00%Price change 7 days
0.00%Price change 14 days
0.00%Price change 30 days
0.00%Price
$0.0104025924 Hour Trading Volume
$9.0024 Hour Volume Change
0.00%Market cap
$2,710,258.0024 Hour Market Cap Change
0.00%Fully Diluted Market Cap
$1,040,259,000,000.00All Time Low/High
$0.223085 | $3.4Percentage Change Since All Time High
-99.69%Percentage Change Since All Time Low
-95.34%Market cap rank
#1326Volume / Market Cap
0.00000Issuance Blockchain
AvalancheCirculating Supply
3,831,273 (29.26%)Max Supply
100,000,000,000,000Total Supply
13,094,91024h Volatility
n/aTwitter Followers
16,485Telegram Users
1,712Reddit Subscribers
0Github subs
n/aGithub issues
n/aMagnet DAO Markets
No markets for Magnet DAO known.
Similar projects
No similar projects for Magnet DAO known.
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