Cult DAO (CULT): A Fight for Decentralization & Freedom
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Cult DAO is all about revolution. More precisely, it’s about investing in revolution. The anon team driving the Cult network is serious about community and decentralization, and they want to see the collapse of the old financial system. If this sounds interesting to you, you’re in luck. Today, we’re going to jump right into this growing crypto movement by going over exactly what Cult DAO is, how it works, where it’s going, and how it’s fighting for freedom and a decentralized future through innovative solutions.
What Is Cult DAO?
Cult DAO is a decentralized autonomous organization focused on community and helping forward-thinkers fund, build and scale blockchain-based crypto projects that seek to revolt and continue the advancement of the decentralized revolution.
Aiming to accelerate the DeFi revolution, Cult DAO serves to empower people to “break away from societal, economic and other norms.” To do so, Cult provides its users with the support and tools necessary to launch DeFi-oriented projects. In fact, users can actively vote on whether or not to fund decentralized application projects to achieve this goal.
To help create and sustain a completely decentralized economy, the DAO’s blockchain protocol employs a tradable and liquid token known as CULT. The CULT token powers the Cult DAO organization and fuels its decentralized funding mechanism. Unlike certain deflationary coins on the market, the Cult developers claim the token is not a speculative currency or charity token.