BitDAO Price Today (Official) | Live BIT Price Chart in USD | CryptoRank.io
Currencies
11934
Market Cap
$ 2.42T
-4.4%
24h Spot Volume
$ 140.29B
-0.35%
BTC Dominance
38.31%
-2.81%
ETH Gas
115 Gwei

BitDAO [BIT]

 
On 42 watchlists
Rank: 197
Token:
Ethereum
USD 1.90
-6.41
BTC 0.0000387
1.08
ETH 0.000464
-4.99

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

BitDAO Market Cap

$ 418,290,421 
Ƀ 8,521
FDMC: $ 19,013,114,700 
ATH: $ 677,718,227 

24h Trade Volume

$ 93,173,276 
Ƀ 1,898
BIT 49,004,741

Supply

Circulating:
BIT 220,000,998(2.2%)
Total:
BIT 10,000,000,000
Max:
BIT 10,000,000,000

All-Time-High (ATH) Price

$ 3.08 (12 Nov 2021)
Ƀ 0.0000476 (12 Nov 2021)
ETH 0.000662 (30 Oct 2021)
From ATH: -38.3%
To ATH: +62%

BitDAO's current price is $ 1.90, it has dropped -6.41% over the past 24 hours.

BitDAO's All Time High (ATH) of $ 3.08 was reached on 12 Nov 2021, and is currently -38.3% down.

The maximum supply of BitDAO that will ever be issued is 10.00 Billions tokens, and the current supply of BIT in circulation is 220.00 Millions tokens.

BitDAO’s 24 hour trading volume is $ 93.17 Millions.

BitDAO's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 418.29 Millions.

BitDAO Price

BitDAO price Index provides the latest BIT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

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 to USD Converter

BIT

BitDAO Quarterly Returns ($)

YearQ1Q2Q3Q4
2021-2.43%+20.1%

BitDAO Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2021$ 1.58

BitDAO Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2021-11.1%+9.98%+73.8%-14.2%-19.5%

BitDAO USD (BIT - USD) Price Change

PeriodChangeChange (%)HighLow
24H-$ 0.130-6.41%$ 2.04$ 1.71
7D-$ 0.440-18.8%$ 2.44$ 1.71
14D-$ 0.699-26.9%$ 2.62$ 1.71
1M-$ 0.733-27.8%$ 3.08$ 1.71
3M$ 0.467+32.6%$ 3.08$ 1.19

BitDAO Annual Price

YearUSDHighLow
2021+17.2%$ 3.08$ 1.19

What is BitDAO

Vision

BitDAO’s vision is open finance and a decentralized tokenized economy.

DeFi technology allows for unstoppable and permissionless financial transactions on the blockchain, including trading, lending, and creation of synthetic assets. With no signup process, no middlemen approvals, no middleman execution, DeFi will fundamentally disrupt traditional finance and is likely to become a trillion dollar sector. Tokenization has broadened the scope of property rights, and enabled new economic models for DAOs, collectible NFTs, and gaming.

Mission

BitDAO is banking on the success of DeFi and will allocate massive financial and talent resources to support DeFi growth.

1) Research and Development

BitDAO partners will establish R&D centers to develop BitDAO core protocols (governance and treasury management), develop BitDAO DeFi products, support DeFi partners, and provide incubation services to emerging DeFi projects. We imagine that BitDAO affiliated R&D centers will employ hundreds of people in the coming years.

  • Windranger Labs - a privately funded R&D center is being set up and looking to recruit top talent in product, design, blockchain development, front end development, and community management. Visit the website here:TBA
  • BitDAO Foundation - will be set up in the future and request funds from BitDAO.
  • Other R&D Centers - we encourage our partners and other ambitious teams to create R&D centers and request funds from BitDAO.

2) Liquidity

BitDAO will control one of the largest pools of assets, which can be used to provide liquidity to partner protocols. BitDAO can bootstrap new protocols such as DEX, lending, synthetics.

3) Funding

BitDAO will support blockchain technologies through grants (e.g. via Gitcoin), and support DeFi projects through token swaps.

Growth

BitDAO will look to partner with projects through token swaps and co-development efforts.

Swap — we aim to token swap and accumulate a collection of the top existing and emerging DeFi and crypto projects. Swaps will align our interests. BitDAO will be incentivized to support these partner projects to become category leaders. One priority is Spot and Derivatives DEXes.

Build — we aim to build core products which enable BitDAO or other DAOs to function more effectively, these include:

  • Governance suite — a set of on-chain and off-chain products and best practices.
  • Treasury Management — ability for DAOs to deploy and monitor assets to earn yield or bootstrap products.

Grant — we aim to provide grants to teams that produce research or products that are public goods for the crypto industry. One possibility is to match Gitcoin grants.

We benefit from the success of our partners and the industry as a whole.

With billions in assets and recurring contributions, BitDAO will continue to create partnerships, accumulate the best DeFi assets, and build useful products. Our partners and products will then contribute to the BitDAO treasury, creating a compounding and accumulation dynamic.