Bitcoin VS Lido DAO Token
Bitcoin is the first cryptocurrency that was created by Satoshi Nakamoto in 2009 in response to the financial crisis of 2008. It quickly became popular because of the idea which vehicle but also the growing enthusiasm of the community for trading or crypto project. Its success has inspired many other projects such as Ethereum or Ripple. Bitcoin is now considered the mother currency of the entire crypto ecosystem and its price has a huge impact on the entire market.
Lido DAO Token is a new cryptocurrency that brings blockchain technology into the world of social media and e-commerce. Lido DAO Token will be used to power lido, an upcoming social media platform for content creators. LIDO tokens are ERC20 compliant, which means they can be traded on any Ethereum wallet. The project has been in development since 2016 and has released several working products already. "LIDO token holders will have voting rights on lido’s future developments." - lido website
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