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Constellation $DAG

The next 100x coin

By Josh HillcoatPublished 3 years ago 3 min read
Here is how $DAG compares to Ethereum, with a market cap of 1000x in size!

They use something called Generative Economics

The participants share the rewards from the growth of the network

The bigger it gets the faster it gets

The reason the price goes up is because more people are buying and less are selling because it actually has a use case and intrinsic value.

No forced appreciation

Businesses pay constellation income $DAG tokens or their own minted tokens that then get transferred to DAG

Constellation is tokenised bandwidth. This means it allows building of a predictable business.

This cannot be done on Ethereum because of the continually changing gas fees

$DAG is data as currency

This is the first sign of exponential growth in crypto (like how the iPhone exploded compared to all other phones before it)

Allows us to own our own data in a brand new form of internet

$DAG is a representation token of all the business happening on the network

Allows businesses to own their own data. Data now is owned by a third party (Instagram, google, Facebook) and they are earning billions every month on selling you’re data.

How business on DAG works

They come to a node with 250k or more $DAG tokens and ask to run their business on that mode

They give details on the business and a price for the node holder for running their business on that node

That business pays in DAG tokens or the businesses own minted token. It may not be much to start off with but like a company stock, DAG will grow

That’s why I believe the newest, best ideas will be on constellation.

It is unlike any other crypto

Nodes that have better score gets more throughout. (Capacity of data going through it)

Age of utility and interoperability can only be done when it is gas less/feeless. Layer 0

Layer 1 and layer 2 is a fee per transaction based model. When they get larger the gas fees become more. (Look at Ethereum's gas fees)

Constellation is bracing themselves for the growth of entrepreneurship and empowering those who want to grow business on blockchain.

Community and Partnerships

Ben Jorgensen, the CEO and co-founder of Constellation $DAG. His goal is to merge the gross national product (or all products in the world!) with the crypto economy.

Because of Dag’s massive use case, the community who are amongst it believe it is 100x too small for its market cap.

These fans are die hard for constellation, this is because

1. The developers constantly do Q&As answering burning questions

2. They are active within the community and have social media on all platforms

3. They understand what the goal is, the effort going into achieving that goal and the transparency along the way is amazing.

Here's a another fdew reasons why $DAG is way low from its ACTUAL value!

They're expertise in business and blockchain development is supreme

Roadmap is clear and they have been consistently hitting their goals

Their use case is better than most top ten projects

The last but by far BEST reason they will hit 100x. They are partnered with the U.S air force and Ministry of defence.

Partnered with the Ministry of Defence!

Seriously, the ministry of defence? And they have a market cap of just over 100 million dollars???

Summary

Constellation $DAG is a generative economy that is bridging business in the real world into the crypto economy.

As businesses grow, the token the business uses or $DAG token grows with it, making it an infinitely large crypto economy.

With its partnerships like the Ministry of Defence and Chainlink (Internet of blockchain) its scaling is second to none

On top of this it is a Layer 0 protocol, which means it has no limit to much it can scale and is as decentralised as it can get.

As of now it is a low market cap, higher risk play, but over the next couple of months, this project will definitely see some action

This is not financial advice and please do your own research! Thank you for reading, if you'd like to see more posts like this, follow us on SimpleCrypto or check out the website! simplecryptt.com

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About the Creator

Josh Hillcoat

A crypto and DeFi amateur who will never stop learning about this amazing industry! I wanted a place to document my findings and here seems to be a great spot.

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