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Cryptocurrency

Will the $GREED Token make money?

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Yes, there is a Greed (GREED) or $GREED token. The GREED Token is part of the GREED Ecosystem. The GREED Ecosystem combines GREED Mu$ic, GREED NFTs, the GREED Token, and a GREED Metaverse.

Interestingly, $GREED is the latest project from Grammy Winning music producers Cool & Dre. Cool & Dre are the music production and songwriting duo of Marcello “Cool” Antonio Valenzano and Andre “Dre” Christopher Lyon. Cool & Dre have worked some biggest names in music including Jay-Z, Beyonce, Little Wayne, the Game, Queen Latifah, 50 Cent, and Fat Joe.

Cool & Dre’s music has sold over 75 million records, so the two know what they are doing. The Richest estimates Cool & Dre’s net worth at $8 million. Hence, they have made money in one business GREED will operate in. In addition, they made money in music, one of the toughest businesses around.

What is $GREED?

The $GREED Ecosystem will comprise the first crypto music label GREED Mu$ic. They will launch $GREED Music on the Binance and Cardano blockchains.

GREED Mu$ic will feature songs and versions of chart toppers that will be available as collectible music Nonfungible Tokens (NFTs). It also features collectible music NFTs from major artists.

NFTs of album cover art, including versions not used for the final cover. The ability to watch livestreams of famous artists working in the Greed Music studios through VIP access keys. There will also be livestreams of impromptu performances and concerts live in the GREED Metaverse.

In addition, they plan an American Idol type contest to find a new artist for GREEN Music. They will livestream the contest after they launch the GREED Token.

The $GREED Ecosystem

The GREED Ecosystem will also contain a customized NFT marketplace that will offer GREED’s customized collections.

There will also be a GREED Metaverse built in Decentraland. The GREED Metaverse will include NFT wearables, driveables, and NFT keys. They will build a GREED Wallet to store the GREED Token and a GREED Swap to swap $GREED (GREED) for Binance (BNB), Ethereum (ETH), and Cardano (ADA). They will pay users who stake GREED Tokens with Cardando and Binance tokens. GREE is live on Binance now and will launch in Cardano in the first quarter of 2022.

GREED will reward its holders with 8% BNB. The GREED Ecosystem will charge a 15% fee on transactions. The 15% fee will fund BNB rewards a liquidity pool, a 2% marketing budget, and 2% for auto buyback.

Here comes GREED!!

They also have a HODL (Hold on for Dear Life) Token they call GREED’s Pup. GREED’s Pup is Bay Doge INU. They will spend 1% on Baby Doge Inu. They will use Baby Doge Inu in the METAVERSE to pay for NFTs, games, wearables, drivables, and GAMES. There is a Baby Doge Inu Game.

GREED is currently in stage 1 with a partnership with Cool & Dre, graphic designs and characters available in the marketplace, marketing, and a launch of GREEDSwap in Binance. There will be a Public Launch NFT Battle and Public Launch NFT Marketplace.

Phase 2 will include GREED’s launch on Cardano, the NFT marketplace launch, the acquisition of parcels in Decentraland for the GREED Metaverse, Public Launch of the NFT Farming platform, influencer marketing, music contests on Telegram, and the beginning of GREED’s music contest.

Phase 3 will include Farm and staking pools, the building virtual recording studios, concert areas, strip clubs, brothels and other stuff in the Metaverse. The GREED Music Competition. Music Listing platforms and the release of GREED Music.

In Phase 4 they will launch gambling and Games, list on major exchanges, launch an NFT Minting, hold Metaverse Concerts, launch the GREED Launchpad, launch GREED Music and concerts, and a $GREED Dapp that will stake and earn tokens. They will launch the $GREED Dapp through IOS and Android.

$GREED has one of the most unusual collections of builders in its GREED Squad. The GREED Squad, includes Cool & Dre, Investment Banker and retired US Marine RECON commando Peter J. Parente, who is also an award-winning book author, and US Air Force Colonel Robert C. Gaylord, the former Deputy Director of Strategic Initiatives for the Joint Chiefs of Staff as Chief Strategist. Gaylord once flew the U-2 spy plane.

What Value does $GREED Have?

Mr. Market is paying attention to $GREED (GREED). CoinMarketCap named GREED the eighth most trending cryptocurrency on 7 October 2021.

Conversely, CoinMarketCap gave $GREED a Coin Price of 1.384¢, a Market Capitalization of $13.958 million, a Fully Diluted Market Cap of $213.844 million, and a 24-Hour Market Volume of $1.217 million on 10 October 2021. They base those numbers on a Self-Reported Circulating Supply of one billion GREED, a Maximum Supply of one billion GREED, and a Total Supply of one billion GREED. CoinMarketCap named GREED the 3,222nd most valuable cryptocurrency on 10 October 2021.

In comparison, CoinGecko gave GREED ($GREED) a 1.38¢ Coin Price, and a 24 Hour Trading Volume of $36,612 on10 October 2021. Hence, GREED has some volume.

GREED is an interesting token because it is working with people who have succeeded and made money in a proper business. In addition, it plans to sell a product for which there is an unlimited market – music.

The potential market for music is enormous. Statista estimates the Global Music Industry will generate $61.82 billion in revenue in 2021. In addition, Statista estimates Global Music revenues will grow to $63.75 billion in 2022 and $65.17 billion in 2023.

I think the GREED Ecosystem could make money. Even if you don’t care about Hip Hop, you ought to check out $GREED (GREED) because it appears to be a blockchain solution that could make money.