BEGOIKODAO
INTRODUCING BEGOIKODAO
WHAT IS BEGOIKO DAO ?
Begoiko DAO is a fork of the already successful Olympus DAO available on the Fantom Network.
The BEGO token is a revolutionary reserve backed currency for Lending protocol, NFT Marketplace, Digital Real Estate assets and acquisition of premium NFTs. BegoikoDAO will use the BEGO reserve-backed currency to help establish a treasury which will reward all those who decide to stake in the project and help build the future of the Marketplace and BEGO Bank. Each BEGO token is backed by a basket of assets (e.g, DAI, FTM, USDC, MIM, BEGO-DAI, BEGO-FTM LP Tokens, Lending Infrastructure Projects, NFT projects, Digital Land Assets etc) in the Begoiko DAO treasury, giving it an intrinsic value that it cannot fall below.
WHY BEGOIKODAO ?
Currently, the market is flooded with a lot of OHM forks, but the vast majority are merely 2nd rate carbon copies of Olympus. BEGOIKODAO invests in the most promising, lucrative, and long-term growth potential assets.
Our goal is for BEGOIKODAO to revolutionise the NFT space with the first reserve-backed currency used to support multiple projects related to NFTs, Digital Real Estate and Lending Protocol with focus on rewarding users with real assets. But more on this later. Let’s start with the basics
WHO CREATED BEGOIKO DAO?
We are an anonymous team of early crypto adopters but the Lead developer is doxxed to Jagosafer and we plan to do another KYC before the presale of BEGOIKODAO. We are a group of serial entrepreneurs, DeFi farmers, blockchain developers, and strategists. BEGOIKO DAO is working actively at creating a new monetary system to build an economy around it.
With these lending protocol, marketplace and digital assets acquisition models now able to be monetised, we are early in an ecosystem that is primed for big moves and shifts as retail investors enter the market.
HOW CAN YOU BENEFIT FROM BEGOIKODAO?
You can benefit through passive income (staking) and discounted rates on a promising project in its early stages (bonding). Stakers benefit from supply growth. The protocol mints new BEGO tokens from the treasury, the majority of which are distributed to the stakers. Therefore, the gain for stakers will come from their auto-compounding balances.
Bonders benefit from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is given in BEGO tokens and thus the Bonder’s profit would depend on BEGO price when the minted BEGO matures — i.e. when the fixed vesting finish.
As new stakers enter the BEGOIKO DAO ecosystem, the APY will go down. This is all to make sure that emission of the token can be controlled ensuring that dilution will not decrease the tokens value.
WHAT IS THE LONG-TERM GOAL FOR BEGOIKODAO?
Our future goal is to incorporate $BEGO into mainstream NFT and Lending platforms. Not just random NFT designs but investing in the NFT chain, launching our marketplace, buying digital real estate in metaverse, building our own digital museum and store for rentals in Metaverse, supporting creators and acquiring expensive and premium NFT assets. The focus of our first projects will be on the Fantom Chain.
These efforts will start immediately after the community is staked and ready to start governing the DAO. The focus of our team, and soon DAO members, will be to become the digital currency across the globe.
The first initiative that BEGOIKODAO is planning to invest in and support would be the launch of our Marketplace with its own unique NFTs. And acquiring a DIGITAL LAND ASSET. This would allow our users to both benefit from the APY they gain on BEGO and capital appreciation from NFTs and other digital assets within the ecosystem.
With grassroots support from our community, we will be able to create more with a loyal user base and following.
Most importantly, without further ado, BEGOIKODAO is happy to announce the BEGOESTATE in METAVERSE. No one company can control the Metaverse and we want to stake our claim while we are early. Some of the popular NFTs from our marketplace and our collections deserve a museum in Metaverse, which can also be used as a venue rentals for NFT related events in the future. All efforts will be made to work towards this lofty goals, and once established, all our projects will be brought into the umbrella.
WHEN WILL BEGOIKODAO LAUNCH?
Soon. Currently, we are working hard to build and test for launch and to perfect our marketing plans.
Over the next week we’ll unveil detailed information on our Roadmap, Tokenomics, Development & Protocol Mechanics, and Presale. We’re working nonstop to get these finalised and will announce them in a separate post.
Contact :
Twitter : https://twitter.com/begoikodao
Discord : https://t.co/CAZHslBzuZ
Telegram: https://t.me/begoikodao
Website : Coming soon
