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BitDAO

BitDAOBITPrice $ 0.514

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DeFi

BIT Price

0.514
5.15%
(-$ 0.0279)
Price Range
LowHigh
    $ 0.514$ 0.552

    BitDAO (BIT) has migrated 1:1 on Mantle (MNT). For more infomation, please read the official announcement here: https://www.mantle.xyz/blog/anno...

    General Info

    Contracts:

    Description

    BitDAO uses financial and talent resources to foster and invest in innovation, collaboration, and growth across DeFi.

    BitDAO uses financial and talent resources to foster and invest in innovation, collaboration, and growth across DeFi.

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    Tags (Sub-Categories):

    BitDAO (BIT) Chart

    The BitDAO to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

    BIT Price Statistics

      Market Cap

      N/A

      FDMC

      $ 4.94B

      ATH Market Cap

      $ 6.54B

      24h Trade Volume

      $ 17.20K

      Ƀ 0.455

      Total Supply

      BIT 9.61B

      Max Supply

      BIT 9.61B

      All Time High

      $ 3.08

      12 Nov 2021

      From ATH

      83.3%

      From ATL

      90.8%

    BIT to USD Converter

    IEO ENDED:

    28 Sep — 28 Sep 2021

    Price

    $ 2.80

    ROI

    0.18x (-81.7%)

    ATH ROI

    1.1x (+9.92%)

    Raise

    $ 14,011,000

    Tokens For Sale

    5,000,000

    BitDAO Monthly Returns (USD)

    BitDAO Quarterly Returns (USD)

    BitDAO Closing Price (USD) - Quarterly

    BIT - USD Price Change

    PeriodChangeChange (%)HighLow
    24H-$ 0.0279-5.15%$ 0.552$ 0.514
    7D$ 0.0543+11.8%$ 0.552$ 0.460
    14D$ 0.0611+13.5%$ 0.552$ 0.452
    30D$ 0.135+35.4%$ 0.552$ 0.368
    3M$ 0.0698+15.7%$ 0.552$ 0.312
    6M$ 0.0113+2.24%$ 0.620$ 0.312
    YTD$ 0.174+51.2%$ 0.644$ 0.312
    1Y$ 0.215+72.2%$ 0.644$ 0.270

    BitDAO Annual Price (USD) Change

    What is BitDAO (BIT)?

    As the name suggests, BitDAO operates as a DAO (Decentralised Autonomous Organisation). It seeks to provide opportunities for developers building in the decentralized economy. It hopes to achieve this by growing a network of Autonomous Entities (AEs). AEs comprise Web3-based teams and projects developing decentralized tools in sectors such as arts, gaming, finance, and education.

    BIT is the platform’s native cryptocurrency and has a total supply of 10,000,000,000 BIT. BIT token holders are able to take part in platform governance. This includes voting on and submitting proposals for platform development and growth.

    What are BitDAO’s key features and how does it work?

    As a DAO, its governance is fundamental to the platform. BitDAO does not have a team of employees or management, instead, token holders and builders are involved in its development and overall success. Anyone can submit proposals, including partnerships and upgrades, and BIT holders vote to either approve or reject the proposals.

    A core component of the BitDAO ecosystem is its treasury. The treasury is responsible for investing in the BitDAO community and facilitating ecosystem growth. Some of its activities include delegating funds and overseeing grants. BIT token holders are in charge of the treasury.

    BitDAO aims to increase the size of its treasury with the help of liquid, short and long term opportunities. For example, developing yield strategies, as well as through token swaps and venture deals.

    What is noteworthy about BitDAO?

    BitDAO has several key partners which are crucial to its operations. For example, Bybit regularly supports the platform with contributions such as dedicating resources to furthering research and partnerships, as well as pledging to contribute 2.5pbs of futures trading volume to the BitDAO treasury. 

    Some other early partners include SushiSwap DAO and several major VC funds.

    What can BitDAO be used for?

    As mentioned, developer teams can partner with a lab or create an AE and propose a project for development. Successful projects include:

    • EduDAO An incubator for university groups and centres to develop blockchain technologies.
    • PleasrDAO A collection of DeFi thought leaders, NFT artists and collectors who work towards acquiring culturally significant works of art.
    • Game7 A project focused on bringing the gaming industry to a more equal ground.

    Where can you buy BIT?

    BIT is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Bybit Spot, SushiSwap, and FTX. The price of BIT will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for BIT market price, please view the price charts on this page.

    BitDAO Price Today

    BitDAO's current price is $ 0.514, it has dropped -5.15% over the past 24 hours.

    BitDAO's All Time High (ATH) of $ 3.08 was reached on 12 Nov 2021, and is currently -83.3% down.

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