Project X Pitch - Decentralized CoinMarketCap

Search Discord for "DECENCMC" by @bbybo93 to VOTE

Proposal @ bbybo93 Search Term from Twitter: DECENCMC

This is a completely new project pitch

Decentralised Coinmarketcap in a nutshell

"Coinmarketcap has been proven to be extremely... greedy. With the right amount of money, any doge cum moon coin can be listed there, and then rugged or not, for all they care. They have listed honeypots as well for all they care, you know? How bullshit is that?

Having that amount of authority, CMC was also able to manipulate their data. https://cryptodaily.co.uk/2021/12/crypto-dot-com-ceo-lashes-out-at-coinmarketcap-for-inaccurate-trading-volumes

Henceforth, I propose a decentralised Coinmarketcap(DCMC-placeholder name) that is formed by DAO. The community governs the listing, the directions, the revenues. When a project decides to list on DCMC, community can do their research on it and then vote. If the project turns out to do well or safu(not a honeypot, not a rug), community who have voted on their listing will be incentivized.

There are many, many ways DCMC can earn their revenue from.

1. Advertisements (if we know poocoin, we can be better than them and our revenue source can be much better and credible than theirs)

2. Articles write-up for good legitimate projects that want to get their name out there (Writers/researchers are incentivized to do a good writeup/research and henceforth they are tipped if it does well. Think of it like claps from medium, but incentivized claps)

3. Audits / KYC

4. Promoted spots on DCMC ... https://www.youtube.com/watch?v=aKT5ZXQ2vsY