DuckDAO is a decentralized project incubator. The best example of a centralized project incubator is kickstarter.
I can explain why I'm long for DD coin. DuckDAO has been on the crypto market for over four years. Here are some examples of projects they invested in:
If you view the charts with "All time" time frame, you can see that the early investors were able to make a lot of profit.
If you own DuckDAO coin (DD) you will be able to invest in the time of a private seed funding like big funds do. And you can be sure that you don't invest in scam coins. At least all projects go throu a strict review.
The ICO (Initial Coin Offering) trend was during the first notable crypto bull market (2015 - 2018). Since there were a lot of scam projects IEO had appeared.
IEO (Initial Exchange Offering) trend was during the last crypto bull market (2019 - 2021).
IDO (Initial DEX Offering) trend is near. Because many central crypto exchanges go throu strict regulation now. They will pay huge penalties (like Binance with over $ 4 billion in penalties with their CEO CZ who is in danger to go to jail)
IDO will be very popular in the current crypto bull market which has already started. I want to make a lot of money with IDO. That is why I decided to invest in DuckDAO coin now.
Note
So my DuckDAO (DD) coin long idea is already profitable since I bought the coin for ~ 0.0007 WETH and the current price is 0.001179 WETH for DD coin.
My name is Vitalik Shavkunov. I've been investing in crypto since 2015.
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