Dappsy is touting itself as the first widescale “DeFi Social Network” (tokenomics – 10% tax = 2% reflections/2% marketing wallet/6% liquidity pool). The idea is to build the MySpace of Crypto and get people talking about different projects and coins, and then to invest in the ones the network thinks are most promising. They plan to have an internal exchange so community members can seamlessly swap and promote audited coins.
On their site, they note, “We plan to invest in all of our audited projects as soon as possible. This is known as “Decentralised Hedge Funding.” We will fund your project in order to achieve the best results.”
So far today, the coin is up over 300% in value and has just crossed the $2 million market cap level (largely due to their recent listings on Coin Market Cap and Coin Gecko.
What a great day 🔥
CMC Listing ✅
CG Listing ✅
CoinBase Listing ✅
Binance next?! 😅
— Dappsy – DeFi Social Network (@itsdappsy) November 9, 2021
Have you heard of Dapsy before?
Do you think it might be an up and coming coin pop?