Daring to be Different — Part 9 — Decentralized Finance (DeFi) at our core.
The news in the crypto world has been jolting and disappointing this week. FTX sent shockwaves through the industry with the revelation they had leveraged customer funds in favor of poor investment decisions. They continued to remind us of the moniker, “not your keys, not your crypto.” While the foundation of TAG DAO LLC (TDL) remains strong and unaffected, we empathize with the pain and loss of those among us in the overall crypto community.
Some points worthy of notation — Centralized finance (CeFi) control the private keys of your wallet, TAG DAO LLC (collarswap.io, collarquest.com) is Decentralized Finance (DeFi) self custody — always has been, always will be. The general summary — in DeFi you are the custodian of your tokens and the keeper of your private keys. You control your wallet and your actions. You are not relinquishing control. In centralized finance, entrepreneurs deposit into a centralized exchange controlled and administered by the CeFi — meaning the CeFi can freeze your account and can use your tokens deposited as they see fit. We know the future of crypto is decentralized and not centralized.
At TDL, we have, from the beginning … worked as a bootstrapped project that pays our bills, will never over-leverage, and we do not take outside investment funds looking for quick returns. We have made consistent and meaningful progress in a really tough bear market. We continue to deliver what we say we will deliver, and again, all of our bills are paid. While multiple other projects have already closed the doors after fantastic marketing campaigns that generated tons of buzz — but never delivered a product.
TDL continues to work around the clock daily at development — pushing out viable products that do and will continue to provide opportunities for all of our members. We are transparent in our yields, which is vastly different from most projects. When we have an excess in our balance sheets, we will utilize those funds for frugal and well-executed development and marketing. TDL Management Team will continue to work hard for its community at every turn. We believe in transparent DeFi that benefits all who have kept the faith, worked hard, and promote the good works we have voted on and are achieving.
What else makes us different? While many other projects have paused development due to the bear market, CollarQuest continues to develop and deliver. We released our SPARC-E sales in this daunting bear market. We will be releasing Beta versions of battle and adventure very soon. Our CollarSwap.io swapping has been released, and the liquidity event (LE) is right around the corner.
While we all look forward to the bulls returning, we continue thoughtfully executing our agreements with the COLLAR Community. We appreciate the support from every single one of you. Our grassroots marketing is so very valuable and helps us all. Please continue to share the good news of our project on all our social links in the footer of this post— any and all social media! The more who know about us, the better off we all will be. Let’s continue to work together to grow our amazing community and always promote our values of integrity, kindness, and transparency.
Prospiceret victoriam
Morpheus
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SEE THE COLLARQUEST TRAILER HERE: https://youtu.be/s0yujbe8vzo
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