Response to Crypto Rebase DAOs Are Dead | Defi Magick



Defi Magick has released a video regarding DAO’s and how they are ‘dead’. Well he didn’t necessarily say they are dead, he just listed what is wrong with these DAOs / reserve currency protocols. He also listed some great points regarding what is wrong and what is right with these DAOs and how they can improve. However I believe that some of these points aren’t the best / some that he overlooked.

Defi Magick video: https://www.youtube.com/watch?v=kd9UomrXiOo
Titano Finance Video: https://www.youtube.com/watch?v=0En2-nzc4A0

Private DeFi community – WeVsThem: https://discord.gg/wethem
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TWITTER: https://twitter.com/dasilvashadow
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In this episode
– Defi Magick DAO breakdown
– My point of view regarding rebase DAOs
– How DAO’s act like SPACs right now
– BEST way to go forward with DAO’s

** THIS ISN’T FINANCIAL ADVICE. PLEASE DYOR AT ALL GIVEN TIMES **

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What do you think?

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  1. OMG, you seem to be a expert! So can you also share your thoughts about DefiKnowledgeDAO? They're doing 60 $PRPL tokens as airdrop (~$2500USD) on March 7th! I'm in deep love with their project. It's easy to use and makes a huge profit!

  2. I put $15k into $TITANO three months ago, and today I’m making $5,000 PER DAY and cashing out $1,000 per day. That FIXED high APY has turned my $15k into $120,000, ON THE REBASES ALONE (not counting price increase).
    I guess you could say I disagree with these two YouTubers.
    Here are my specific reasons:
    1) Titano has been doing large weekly burns since day one.
    2) Titano has already added additional utility, with a popular lottery game.
    3) Titano team has additional partnerships and use cases/utility on their roadmap; all of the above are aimed at taking the pressure off the APY and emissions.
    4) Finally, the Titano team has been very open, transparent and communicative since the beginning—and the large, supportive community, and the success of the token, are the result.

  3. Not sure why people are not talking about APE galaxy. Stable coins investments, movie loans, game coming out to help generating more income and NFT also on the way.
    15% 7day ROI

  4. Can you give your idea about the upcoming launch of safuu? I was in wonderland and got burned brutally…. What do you think of this project? They have a couple of features but still worried that as mentioned, high APYs are not suistanble long time

  5. I will forever be indebted to you 😇 I was able to build a big income stream during the covid-19 pandemic investing with Mrs. Katie Stein. You’ve changed my whole life, Thanks so much.

  6. I love how Titano continuously takes all the heat for just working. So I'll post on your mentor's page also, what does value and utility mean? and who gets to define it? You couldn't bring yourself to asking in discord, taking an interview or doing research because you don't want to be wrong. Titano is not a DAO , just the whipping boy for the crypto space right now because its innovation has been successful. The problem with both of your summations is that you lack imagination, its not really your fault though. Face it TIME failed and is in disarray, which is why their "planned transition" to a SPAC is in limbo. But you are just trying to justify your decisions and all your past coverage of TIME especially in this video, i get it. Keep up your Titano coverage though, see you in a year.

  7. It's funny cause I try not to fomo in the next hot project cause I feel like it's too late to jump in. I 'm glad I avoided wonderland and any other dao. Makes me like the node projects that have a transparent roadmap on where the money is going or to be invested in.

  8. Dan the Man, drops knowledge 💣 again. Thanks to you and Defimagic. One quick question. Is wonderland still actualy paying a 5 day roi of roughly 9%?🤔 hypothetically if I invest $1000 today and wait 30 days and the price of memo doesn't change will I make roughly 54% returns? Or is it different. Thanks again. Rebels unite!!!

  9. honestly impressed of how much you learned about crypto in such a short time. i watched your first video and this video and i can see a big difference in how much you grew in this field. keep it up man

  10. Investing in our modern days now is very easy until you start to loss your capitals,sometimes its not about investing but knowing fully well which stock or financial markets like forex and crypto trading can profit you and reduce your risk of losing all your funds that's why I will forever be indebted to you❤you've changed my whole life i will continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs Teresa Lawrence ?

  11. Olympus for some reason is very hard to find videos on YouTube crypto channels? I've never seen a report and profits investing with Olympus? I've got 1600 of Ohm sitting in my metamask that I haven't transferred into Olympus… Do I stake? Or swap it back.. the other topic also is wrapped Olympus before the crash Dec 3 was over 18k and that gained way more profit

  12. Keep the fundamentals the same, change nothing else apart from the APY to 5% and no one would give a fuk about these DAo tokens, this channel would have never made 1 video about Time if the apy was 5%…all else the same

  13. 2022 gunna be the year of nodes, talk more about node projects. Strong, Thor, Power are some solid ones. Lot of your followers are interested in rebase type rewards, which is similar to what nodes are. Could be a good sector to pivot to now that rebased DAO's have failed

  14. Good evening sir. Quick question. What would you say would be the price of time by the end of this years. Any thought please let me know when you have a moment. Thank you so much.

  15. I remember your video from a couple of weeks ago talking about Wonderland Vs. Hector. In hindsight, would you have chosen differently now? especially knowing now how everything turned out with TIME, and now that HEC is deflationary…

    Can you make a video giving us an update on Hector Finance?

  16. awesome content as always. coincidentally, i watched DeFi Magicks' video an hour ago before this post of yours and like your previous takes and warnings, it's all spot on. glad to see you some content creators who calls it as it is. makes the path more clearer, so to speak.

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