Metaverse DAO Review – Is Metaverse DAO Legit or Scam

Metaverse DAO Review - Is Metaverse DAO Legit or Scam

Metaverse DAO is one of the fastest rising coin in the cryptocurrency market and has been on surge lately.

For those that lost out when Bitcoin, Ethereum, Dogecoin all had a quick run up, will want to learn more about the token and study the reviews. On this article, we will review Metaverse DAO by listing the pros and cons.

Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.

About Metaverse DAO

What is Metaverse DAO?

Metaverse DAO is a decentralized protocol based on the $MDAO token – collateralized and backed by the Metaverse DAO. $MDAO will be the reserve currency on Ethereum. In order to maintain price stability Metaverse DAO will use the Algorithmic Reserve Currency algorithm and will also be supported by other decentralized assets.

Metaverse DAO Supply

There are 400,000,000.00 MDAO in supply.

Pros and Cons of Metaverse DAO

Pros of Metaverse DAO
  • They are fully decentralized
  • A lot of investors are ‘flocking’ to invest
  • It is listed on coinmarketcap
Cons of Metaverse DAO
  • The coin is still under research and developments
  • Multiple issues with its synchronizations between ledgers
  • Unavailability of project whitepaper
  • Not listed on exchanges
  • No Github profile
  • They have no reddit acount
  • No Bitcointalk thread created
  • No traceable features on tradingview

Is Metaverse DAO Legit or Scam?

A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.

According to research and reviews, Metaverse DAO have a very weak back up for the token they produce. Their public profiles are vague therefore making it difficult to determine their level of transparency.

Make personal research on the coin, visit coin’s official website.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Metaverse DAO on the comment section below. Don’t forget to rate and leave a review.

 

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