Currencies28067
Market Cap$ 2.77T+0.87%
24h Spot Volume$ 76.02B+2.50%
BTC Dominance50.08%+0.08%
ETH Gas33 Gwei
Cryptorank
CryptoRankCurrenciesSingularity DAO
Report issue
Singularity DAO

Singularity DAO SDAO Price $ 1.07

Rank: 529

687 Watchlists

DeFi

SDAO Price

1.07
7.00%
($ 0.0697)
Price Range
LowHigh
$ 0.964$ 1.07

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

SingularityDAO is a DAO driven dynamic on-chain portfolios of token assets.

Singularity DAO (SDAO) Chart

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

SDAO to USD Converter

Singularity DAO (SDAO)SDAO

IDO

13 May — 13 May 2021

Raised

$ 100.00K

Price:

$ 0.200

ROI:

5.33x  +432.9%

Platform:

N/A

ATH ROI:

33.04x  +3,204%

SDAO Price Statistics

leaderboard

Market Cap

$ 96.29M

FDV

$ 106.57M

ATH Market Cap

$ 143.47M

24 Trade Vol.

$ 2.59M


Vol. (24h) / MCap

0.0269

Max Supply

SDAO 100,000,000

Total Supply

SDAO 100,000,000

Circulating Supply

SDAO 90.35M

(90.4% of Max Supply)

Listing Date

14 May 2021

IDO Price

$ 0.200

13 May 2021

IDO ROI

432.9%

5.33x

All Time High

$ 6.61

6 Sep 2021


All Time Low

$ 0.150

4 Jan 2023


From ATH

83.9%

From ATL

611.1%

Singularity DAO Price Analysis

What is Singularity DAO (SDAO)?

SingularityDAO is a decentralised, blockchain-based organisation with the main goal of governing DynaSets, diversified baskets of cryptocurrency assets dynamically managed by AI. Voting power in SingularityDAO is granted by the SingularityDAO token (SDAO). SingularityDAO brings the sophisticated risk-management strategies of AI-managed funds to DeFi, using SingularityNET’s superior AI technology.

The DAO allows users to vote on proposals using liquid democracy, also known as delegative democracy. In effect, this means users can vote directly on proposals, or take a more hands-off approach by delegating their tokens’ voting power to someone else to vote for them.

The DAO will control, in a democratic way, which DynaSets are on the platform. It will also have the power to make changes to the economic variables and protocols of the platform, or even amend governance protocols. Proposals can be tabled only by the SingularityDAO team at first, with this power being decentralized to the community of token holders progressively over 5 phases.

The SingularityDAO Governance Token

The SingularityDAO Governance Token, SDAO, is an ERC-20 utility token on the Ethereum blockchain that grants access to the SingularityDAO protocol.

SDAO has utility in granting rights to participate in DAO governance voting events on the SingularityDAO protocol. Through several utility functions the SDAO Governance Token can interact with the SingularityDAO Protocol smart contracts. Those particular utility functions are:

  • To vote either FOR or AGAINST or BLANCO a SingularityDAO Governance Proposal through its Voting Function.
  • To create a SingularityDAO Governance Proposal.
  • To delegate one’s voting function to another wallet on the ethereum blockchain

They can impact the protocol in various ways, such as:

  • Which DynaSets are accepted as options for members to choose from. Initially, users will be able to choose from the DynaSets created at launch, but later we will allow the DAO mechanism to propose and create new DynaSets
  • What formula to use for prioritizing Optimizers, in the case there is more demand for borrowing than there are tokens to be borrowed.
  • The operation of the liquidity pools needed for support of DynaSet tokens and Optimizer activity on the backend
  • Updates to the SingularityDAO Governance Protocol

Singularity DAO Price Today

Singularity DAO's current price is $ 1.07, it has increased +7% over the past 24 hours.

Singularity DAO's All Time High (ATH) of $ 6.61 was reached on 6 Sep 2021, and is currently -83.9% down.

The current circulating supply of Singularity DAO is 90.35 Million tokens, and the maximum supply of Singularity DAO is 100.00 Million.

Singularity DAO’s 24 hour trading volume is $ 2.59 Million.

Singularity DAO's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 96.29 Million.

Trending Coins and Tokens