Topic: Do you think projects on LayerZero will benefit once they launch? - page 2. (Read 240 times)

I doubt most of the projects on LayerZero will benefit from the launch, the hype around Omnichain is down, most of these projects fail to capitalize on their hype and stayed too long before releasing their tokens, we have seen with all these new launches, people will take their airdrops and dump and move to farm new protocol, there is no way the market will sustain all these new launches nature needs to cull most of them.

I am also recipient of HLG airdrop, having received 2300 tokens because I have been active on their platform for long long time, and traded many NFTs. This coin was today listed on Bybit exchange but unfortunately the opening price was only less than 2 cents, much lower than my expectation. I will not sell them on such a low price and wait for a bullish market to make good gains from this airdrop.

https://www.coingecko.com/en/coins/holograph#:~:text=The%20price%20of%20Holograph%20(HLG)%20is%20%240.01606%20today%20with%20a,a%20market%20cap%20of%20%2424%2C380%2C154.

HLG recently conducted an airdrop, and I received about 5 HLG tokens just for using layer zero. Also, I saw an announcement on Bitget mentioning they're hosting an event for the project. I think it's to celebrate its listing.

It is difficult to say with certainty that LayerZero team will conduct an airdrop, however taking snapshot is a significant event that suggests that team is considering to distribute tokens to those user who engaged with the platform before the date of snapshot and I have experienced that with many airdrops, including prominent projects like Arbitrum and Optimism.

https://x.com/holographxyz/status/1793583993771966888?t=EjilMpcSWQfDHwWe4rbrXw&s=19 I think this Indicates there's an airdrop going for hlg. With tge being a few hrs from now. I saw other airdrops offers from bitget, bybit, gate also. It's on holograph twitter pages. You could check them out.

I think, is too early to know if the project will going to increase higher in the future or it will not going to increase higher in the future, because all those new projects can disappoint investors sometimes, and if you are not careful you can lose all your capital in a particular project in the market. But there is no way you can stop Investors not to invest in the new project, because some investors don't use to carry out their research to know if  the new project will going to bring good results or not before investing their capital, because the project that will going to display well in the market will definitely have some strong teams behind the project. Any new projects has some character they use to showcase in the market, which investors will use that character to determine the project future when it's launches in the market, because there are some things you cannot discover about the new project that is not yet launch.

They haven't confirmed that there will be an airdrop. They only announced  that they have taken a snapshot on May 1st. Those who have used their platform before that date might be eligible. If they were planning for an airdrop then they should have confirmed it by now. I haven't used the platform but I am sure the project is good and it's token value will increase as long as their user base increases.

We won't know for sure if projects built on Layerzero will cook or not until when layerzero launches. The ZRO launch has to be strong as it would be used as a benchmark for other projects launching with the omni chain narrative so you could already see how Layerzero launch would be either a make or break moment for their ecosystem projects. I only just got to know about Holograph so there's very little I have to say about until the official launch goes off tomorrow.

I don't think many people know about this airdrop because it looks new to me. And we can't judge a new project to know if it will be good or not. Most of the project that came out to be good were once criticized badly and finally they made it through to the good side of the crypto community. And the ones people think it would good for them later turn out to be good projects in the community though in any good community there are bad people also. So there is no way the bad ones can be eliminated from the ecosystem.
They also co-exist with the good ones and it is our duty to know the good ones from the bad once. And for now we will not know if the LayerZero is a good project or not but as foe me i don't trust the project yet.

Most of you know LayerZero's airdrop is coming, and their token, ZRO will be launching soon in Q2 2024. But it's not just about the token itself, the entire ecosystem seems poised for growth. I'm wondering what LayerZero ecosytem projects are you guys watching?

So, I don't know if you guys have seen this one on LayerZero, but I've been particularly drawn to Hologram, an omnichain tokenization protocol powered by LayerZero. Asset issuers can use it to mint omnichain tokens, opening up exciting possibilities for cross-chain compatibility. Apparantly they've secured a total of $11M in a strategic round led by Andrew Kang’s Mechanism Capital and Jordi Alexander’s Selini Capital. As they are planning to use the funds to further develop its push to advance omnichain gaming.
They will also be launching tomorrow with its token $HLG on major exchanges like Bitget, GateIO, Kucoin and the fact the airdrop eligibility will be open for participants who have performed specific on-chain actions on the Holograph App and earned at least 250 XP. I am sure one of you here at least made some contribution to this project.

Anyway, I'm sure LayerZero won't disappoint us considering it's not overhyped cos I don't see them daily on Twitter timeline, maybe you can guys tell me what you think of layerzero ecosystem projects. Are you also looking into it?