CULT DAO Review: Decentralization for the Win

Wayne Jones • February 19, 2022

Cult DAO recently launched and released The Cult Manifesto bringing the world's first utterly decentralized token. Once CULT has started, it cannot be stopped, like Bitcoin. Cult DAO aims to fund people or groups contributing to a decentralized future. 



Due to a small 0.4% commission charged on every transaction, the exchange and transaction of CULT will continuously replenish the treasury. Provided the proposals are submitted, any protocol wishing to change the world will have a steady funding source. No matter how extreme the proposal.


The goal of Cult DAO is to accelerate the collapse of the global banking system and the current world order. As the first decentralized financing system, the project sponsors revolutionaries and those wishing to break society's ties.


The Idea Behind CULT and How it Began

CULT started when Vasco da Gama found the passage to India by sailing around the Cape of Good Hope. CULT began in 1526 when the first transatlantic slave journey docked off the coast of Brazil. CULT sprang from and is based on tyranny, meaningless existence, enslavement, and the chains that tie people. True freedom, according to CULT, comes from realizing and accepting that you exist as a function and cog in a central bank's ideal economic process.


The primary goal of a central bank is to maximize employment, yet we are automating occupations so quickly that we are generating bogus jobs only to keep us enslaved. Job automation should imply freedom. However, freedom is impossible to achieve within the existing economic and financial system.


That's how CULT was born. Every transaction, deposit, and movement of the token allows you to participate and accelerate economic and societal progress towards decentralization. As the project puts it, you can battle your way out by fighting from within.


Features

Project Proposals

The protocol allows people to submit funding proposals for the Cult DAO. Only the top 50 CULT stakeholders Guardians can offer suggestions for funding from the protocol and monitor the recommendations made. However, Guardians cannot vote.


Proposals must satisfy three criteria to be accepted. They must fight against centralization first. Additionally, they should advance the cause of decentralization and directly benefit a noble effort. It is possible to submit proposals from anyone, as long as they follow these rules, and a Guardian is the one who presents them.

Cult DAO and its technique of financing are entirely decentralized. Cult DAO will remain as long as users utilize the CULT token to transact, custodians offer ideas, and validators vote. The project will support revolutionaries, new ideas, and decentralization.


Staking CULT

Staking CULT is the foundation of the whole protocol. The Guardians are the primary stakeholders (holders of dCULT). Meanwhile, once staked, the user will get dCULT tokens as security for their deposit. The user can then redeem against the initial amount placed by the user.


The DAO receives a 50/50 part of the agreed-upon percentage when a project proposal is accepted. Cult burns half of it, while the other half is sent to the DAO and distributed among CULT stakeholders.


The user must have staked tokens to vote or get prizes. However, there is no requirement to deposit coins for staking to access the CULT network. Each transaction moves the project forward, whereas each token burn lowers circulation.


Advantages of CULT DAO

  • Completely Decentralized: Cult DAO is based on total decentralization with an economic model and guardians to succeed in its mission.
  • Project Funding: Those who submit proposals for financing can do so through Cult DAO. They can use the funds to build on their ideas and present them to the world.
  • No Barrier to Entry: Cult offers the opportunity for anyone to propose innovative solutions as long as you meet their three criteria. They should fight against centralization, advance decentralization, and support a noble cause.
  • Staking: Staking CULT is the basis of the whole protocol. Stakeholders (holders of dCULT) are the Guardians. After staking the deposit, the user will receive dCULT tokens as security for their deposit.


CULT Token

CULT is the tradable and liquid token of CULT.DAO. Making CULT transactions will aid the protocol by progressively increasing the DAO treasury, encouraging decentralized technological investments. It is performed by collecting 0.4 percent of all CULT transactions straight to the DAO.


This tax will go towards the Cult DAO's cash fund. The value grows until it reaches a USD value that matches the market value of 15.5 ETH. As previously indicated, staking the CULT token allows you to earn dCULT. The guardian group comprises the 50 wallets with the most tokens.


The custodians are the only people who may approve project ideas for the DAO. They cannot vote, but they must check that each proposal fulfils the DAO's standards.


If a project proposal goes through and its value exceeds 15.5 ETH, Cult will send 13 ETH straight to the proposal's wallet address, and Cult will burn 2.5 ETH. If a proposal is not authorized, CULT will continue to rise over 15.5ETH and once verified; Cult automatically transfers the funds.


What is dCULT?

dCULT is the "proof of stake token" for CULT. Users who stake CULT in the DAO receive dCULT rewards, which may be traded for the CULT staked. dCULT is non-transferable and may be obtained only by staking CULT. The user may examine their balance by adding the dCULT contract address to their wallet.


Final Thoughts

Cult provides a platform for anyone to contribute innovative approaches. The DAO operates independently and with the help of the 50 guardians who have the most CULT tokens. The treasury system raises cash on a recurrent basis by utilizing network exchanges. Each transaction will be subject to a 0.4 percent tax. 

The aim is to achieve the 15.5 ETH barrier, which Cult will issue if the community chooses a proposal. The initiative, backed by staking, produces revenue from transactions and the success of projects voted upstream.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
By Press Release September 1, 2025
In the rapidly evolving world of trading, HyroTrader has emerged as one of the best crypto prop firms, setting new standards in transparency, technology, and community building. Founded in 2023 by entrepreneur Samuel Drnda, HyroTrader has grown from an ambitious idea into a global company with 34 full-time employees, a community of 30,000+ traders, and recognition across the industry as a true pioneer. From Startup Roots to Industry Leadership The HyroTrader story began with Samuel Drnda, a young entrepreneur who previously built and exited a company focused on automation, machine learning, and AI solutions, and also ran a performance marketing agency with over 40 employees. At just 24 years old, Drnda launched HyroTrade, a crypto CFD trading platform that attracted thousands of customers. During this time, Drnda also gained first-hand experience at Golem Trading, a traditional Prague-based prop trading firm. There, he realized something important: while forex traders had access to prop firms like FTMO, which generated more than $213 million in 2023, no equivalent solution existed for crypto traders. In 2023, Drnda pivoted the business into HyroTrader, an evaluation-based crypto prop firm built to provide traders with real opportunities to scale with capital, tools, and education. The First to Innovate: Bybit API Integration HyroTrader quickly made its mark by becoming the first crypto prop firm to introduce a direct API integration with Bybit. This innovation reshaped the industry, enabling traders to connect their accounts directly and trade in a way that had never been possible before. Other firms soon followed, adopting similar approaches, but the impact was clear: HyroTrader was setting the pace for the entire industry. “When we innovate, the industry follows,” says CEO Samuel Drnda. “We don’t just participate in this market — we move it forward.” Scaling Capital Access for Traders HyroTrader gives traders the ability to access funded accounts up to $200,000, profit splits of 70–90%, and the opportunity to scale up to $1 million in trading capital. So far, the firm has: Funded 700+ traders Processed more than $2 million in payouts Built a community of 30,000+ users worldwide This commitment has earned HyroTrader recognition in the industry, being ranked twice among the best crypto prop firms by respected outlets such as: Altfins: The Best Crypto Prop Trading Firms Living From Trading: Top Crypto Prop Firms Community and Global Presence HyroTrader is more than just a platform — it’s a global community. In late 2024, the company organized a trading tournament at Bybit HQ in Dubai, bringing together the top 30 crypto traders. The event went viral, generating over 170,000 views on social media and further boosting HyroTrader’s reputation as one of the most innovative names in the industry. Today, the team includes 34 full-time employees, with 15 in the Prague office and the rest working remotely from around the world. To support global growth, HyroTrader is also opening a new office in Dubai, a major hub for international crypto trading. Combating Fraud with Decentralization As the popularity of prop trading grows, so too has the number of fraudulent projects. HyroTrader is responding by building a decentralized crypto prop trading protocol, which will allow trader evaluations and performance to be recorded transparently on the blockchain. This innovation will provide traders with a verifiable trading history and give other firms the chance to build on the same framework, improving standards across the entire industry. Investing in People and Product Development HyroTrader is now entering its most ambitious growth phase yet. The company is hiring aggressively and investing heavily into product development to ensure its platform can scale efficiently. “By bringing in the best talent and building scalable technology, we’re preparing for the next stage — serving over a million traders worldwide,” explains Drnda. Future Roadmap Looking ahead, HyroTrader is preparing several major initiatives: New Scalable Application (2025): Launching a next-generation trading platform designed to scale operations to over 1 million users. Crypto Fund for Algo Traders: Supporting algorithmic traders with real capital, helping them test, validate, and scale their strategies. Expanding API Integrations: Partnering with multiple leading exchanges to bring prop trading to new markets. Exchanges themselves are showing strong interest, recognizing that the model generates substantial trading volume. A Trusted Name Among the Best Crypto Prop Firms With consistent innovation, industry-first integrations, and a clear vision for the future, HyroTrader continues to earn its reputation as one of the best crypto prop firms in the world. “HyroTrader was built to empower traders with real opportunities,” says Drnda. “From Bybit API integration to decentralized protocols, everything we do is about pushing the industry forward while protecting and supporting our community.” To learn more about HyroTrader or apply for a trading challenge, visit hyrotrader.com . 
By Press Release September 1, 2025
WorldShards ($SHARDS) , a highly anticipated Sandbox MMORPG set in the magical world of Murrlandia, announced a new partnership with Bybit, the world's second-largest cryptocurrency exchange by trading volume. The partnership sees SHARDS become part of a Bybit Megadrop campaign offering participants several ways to boost their earnings. Users have until September 3, 2025, to stake USDT or MNT and secure a share of the 60,000,000 SHARDS prize pool. SHARDS will have its TGE (token-generation event) on September 5, 2025, when it will officially list on Bybit Spot. WorldShards is an online, downloadable Web3 MMORPG that successfully blends role-playing gameplay with blockchain innovations, including NFTs. The game supports NFT-authenticated multimedia content, enabling users to collect, trade, and utilize fully owned digital assets across various entertainment platforms. WorldShards delivers fun and interactive multiplayer experiences within an immersive and fascinating virtual world. Players worldwide can enjoy the game on PC, mobile, and consoles. The WorldShards ecosystem functions on a solid economy driven by the SHARDS token. SHARDS is a fair launch token with no allocation to the team or investors, guaranteeing transparency and fairness within a truly community-driven ecosystem. Ahead of the recent announcement , players could join WorldShards by acquiring access keys or digital land. That has changed. Now, users can gain full and free access to the game for 30 days by joining before the upcoming Token Generation Event (TGE), scheduled for September 5, 2025. Players who remain active for at least 25 days of that period will receive full access to the game at no cost. This offer is available only to new accounts, and terms and conditions apply. WorldShards is only the 8th project to enter the Bybit Megadrop platform. This venture will allow players to boost their earnings through these methods: Stake & Earn: Lock USDT or MNT in Fixed Term Bybit Earn to accumulate points Boost via Trading: Multiply the score by making at least one daily Spot trade. Claim Rewards: Earn up to 1% of the total pool per user. The rewards will be distributed in three batches from September 5 to 9, 2025. Bybit services over 70 million users worldwide. Bybit Megadrop is the exchange’s token discovery platform dedicated to providing users with a safe and accessible early entry to new and exciting projects and their emerging tokens. Discover more on how to join Bybit Megadrop , stake MNT and USDT to share from a massive 60,000,000 SHARDS prize pool! About WorldShards WorldShards is an up-and-coming fantasy sandbox MMORPG set in a world dominated by cats. The immersive virtual world features a level-less progression system and an endless amount of new adventures and experiences. The $SHARDS Token is the main resource of the Web3 economy in WorldShards, and players can primarily receive $SHARDS through in-game drops. Join WorldShards ahead of the $SHARDS TGE on September 5, 2025, and remain active for at least 25 of the 30-day trial access to receive full and permanent access to the game at no cost. Learn more about WorldShards on its official website and social media channels: X , Telegram , and Discord . 
By press Release September 1, 2025
In a digital landscape long dominated by Silicon Valley and China’s internet giants, a new force is rewriting the rules of connection and community: Vchat, a project born in Vietnam with a vision far larger than just another messaging app. What began as a communication tool has evolved into an awakening ecosystem — where ownership, governance, and value converge. Its mission is simple yet radical: return voice, value, and agency to the people. The Ownership Economy Unlike traditional social platforms that extract value from user data and attention, Vchat flips the model: Web3 Transparency – All contributions are recorded on-chain, ensuring fairness and traceability. AI Personalization – Each user interacts with an intelligent assistant that supports their journey. Community Rewards – Engagement is converted into VCT Tokens, turning participation into tangible ownership. At the heart of this system lies the VCT Token, powering Vchat’s digital economy. Every like, post, or contribution flows back into the community — not upward to corporations. Users can tip creators, unlock services, trade in the marketplace, or reinvest in the platform’s growth. Governance by the People Vchat is not run from boardrooms but by its community. Through DAO governance, users vote on features, economics, and rules of the ecosystem. Decisions once made in closed circles are now open, transparent, and democratic — a genuine shift of power from corporations to communities. Even advertising is reimagined. Instead of intrusive algorithms, Vchat introduces consensus-driven visibility, where creators and businesses gain exposure through community approval, not manipulation. Commerce Without Borders Beyond social interaction, Vchat embeds seamless borderless commerce. Users can buy, sell, and exchange digital goods or services directly through VCT — bypassing intermediaries. This creates a global marketplace where every participant is both a consumer and an entrepreneur. The VK Vision: From Vietnam, to the World Behind Vchat is VK, a founder whose philosophy goes beyond building platforms. As the Whitepaper states: “We are not chasing the attention economy. We are building the ownership economy — where communities don’t just participate, they lead.” This vision positions Vietnam not as a follower of digital trends, but as a producer of systems that can redefine global standards. Observers believe Vchat’s trajectory could mark a turning point not just for Vietnam’s tech landscape, but for the future of the internet itself. A Turning Point in Digital Culture Vchat is not competing for ad revenue or screen time. It is offering an entirely new paradigm: Where users are co-owners, not data points. Where technology empowers, not controls. Where value circulates within communities, not siphoned by corporations. As the project scales globally, it carries a bold message: “The future does not only begin in Silicon Valley. The future can begin anywhere — even here, in Vietnam.” Official Information Website: https://tapdoanvk.com Whitepaper: https://token.tapdoanvk.com 
By Press Release August 19, 2025
RealEstate.Exchange (REX) is thrilled to announce that its first client’s Security Token Offering is now available to view on its platform! The FXLI token, offered by FraXion , represents debt financing interests in the Legacy Hotel & Residences development project in Downtown Miami. Investors can now view and read more about the opportunity by creating an account on RealEstate.Exchange.  Claus Skaaning, DigiShares CEO: “As part of our mission to deliver increased transparency and accessibility to the real estate market through the use of blockchain technology, the launch of REX and FraXion's FXLI token represent significant milestones.” Nathan Burrell, Managing Director Real Estate, Randolph & Main Capital Group : “Finally, the ability to offer institutional grade real estate projects through an accessible platform. DigiShares' expertise in both primary and secondary markets is the reason we listed our Legacy STO using DigiShares' platform. Investor accessibility was an area of promise with tokenization, and is finally here with DigiShares.” Dan Kodsi, Founder/CEO, Royal Palm Companies : "The Legacy business model excites me the most. Legacy is unique because of the ability to create so many different revenue opportunities in downtown Miami. Legacy is what I call true mixed-use." RealEstate.Exchange is designed to offer investors a way to diversify beyond volatile cryptocurrencies by gaining exposure to more stable real estate assets. Through its trading platform, developed in collaboration with U.S. regulated broker-dealer Texture Capital , REX aims to facilitate seamless and compliant trading of various property types, including residential, commercial, and luxury real estate. To enhance the capabilities of RealEstate.Exchange, DigiShares is leveraging cutting-edge blockchain solutions from leading technology providers, including Polygon, zkMe and Privado ID. These integrations play a crucial role in strengthening security, scalability, and liquidity, ensuring a seamless and fully compliant tokenized real estate trading experience. Polygon – Integrating Polygon’s high-performance blockchain infrastructure to ensure scalability, low transaction fees, and rapid settlement times for real estate tokenization. zkMe – Implementing zero-knowledge proof (ZKP) technology to enhance privacy and decentralized identity verification, ensuring secure and compliant KYC/AML processes without compromising user data. Privado ID – Leveraging DITO (Decentralized ID for TOkenization) to streamline KYC and identity verification processes, ensuring they are secure, efficient, and reusable across the decentralized finance landscape. This approach enhances user experience while maintaining full compliance. Disclaimers: DigiShares and Texture Capital Inc., including Realestate.Exchange, are not involved in these offerings and do not endorse, verify, or assume responsibility for their content or compliance. Links to client primary offerings, accessed via REX, are for informational purposes only and do not constitute an offer or a solicitation of an offer to buy any securities by DigiShares, nor does it imply any recommendation or financial/investment advice. Realestate.exchange is a partnership between DigiShares, a tokenization platform, and Texture Capital, a US-based Broker-Dealer & ATS. This STO is a client’s primary offering, therefore, secondary trading is not enabled. The FXLI security tokens will be available through FraXion's own investor portal. About DigiShares DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets. Website: www.digishares.io About RealEstate.Exchange (REX) RealEstate.Exchange is a platform for real estate trading, offering investors a regulated environment to buy and sell tokenised shares of real estate assets. REX combines blockchain technology with real-world applications to transform real estate investment and management. In the U.S., REX will be powered by Texture Capital’s SEC-registered Alternative Trading System (ATS). Website: www.realestate.exchange About FraXion FraXion is a non-traditional real estate investment platform utilizing the latest blockchain technology that will provide individuals, not just institutions, with access to distinguished real estate development ventures, side-by-side with large development groups and some of the most recognized institutional partners in the world. Website: https://fraxiontoken.io/
Show More
paper_plane

NEVER MISS AN ARTICLE!

Sign up and stay up-to-date about what's happening at our site.