[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 21 KB, 780x470, Welcome-to-AVAX-TheCoinTribune-780x470.png [View same] [iqdb] [saucenao] [google]
20167992 No.20167992 [Reply] [Original]

Easy money on the table Anons. Listen up, thank me later.

Without going into too much detail (read the sale docs yourself) the supply is heavily limited by locking the vast majority of the sold tokens in a vesting smart contract. The limited supply and high demand will cause the price to skyrocket, making easy money to smart investors.

There are three options for the sale. A1, A2, & B
Here are my personal plans for both.

Option B is for tokens freely tradable without lockup. These are priced higher at $.85 per token. This option has the lowest supply and will go fast but will offer the quickest flip, I estimate coins will go to $3 - $4 on exchanges, so easy quick 5X.

Option A1 & A2 are locked in a vesting contract. 10% of these coins are available at launch and the remaining 90% unlocks gradually over the next year. You can still stake your locked tokens during the vesting contract. Staking rewards are estimated to be around 10% the first year and are not locked in any kind of contract. Sell your 10% of initially unlocked tokens and 10% of tokens from staking rewards at 5X to get 100% of initial investment back, and pocket the rest. After all of the tokens unlock hold or sell, it doesnt matter, you already made your money back.

Buy or not, I dont care.

>> No.20168180

>>20167992
Option B seems like the obvious choice. Available pool is small though, will probably be gone within a few seconds.

>> No.20168283
File: 931 KB, 1200x1134, avax.png [View same] [iqdb] [saucenao] [google]
20168283

>>20167992

Wallet is ready.

>> No.20168288

As an American, it says I can't buy, can I just use a VPN and go through the sign in process or does it require kyc?

>> No.20168338
File: 931 KB, 1200x1134, avax.png [View same] [iqdb] [saucenao] [google]
20168338

>>20168283

Fucked up the meme, I'm cancelled

>> No.20168444

>>20168288
KYC is required sadly.

>> No.20168499
File: 128 KB, 750x920, flat,750x1000,075,f.u2.jpg [View same] [iqdb] [saucenao] [google]
20168499

>>20168283
Nice try Anon

>> No.20168500

>>20167992

Yeah but it just means it will pump

>> No.20168515

Don't think the tokenomics are so hot on this one, I must say. Lots of tokens (locked) held by VC's and team.

Also: yet another L1 solution? Wasn't that the 2017 play?

>> No.20168602

>>20168515
More of a L0. Avalanche aims to be the tokenized consensus engine of all L1s. Giving all L1s optimal scaling, throughput, and flexibility.

>> No.20168606

>>20168499

Where is nearest fucking balcony

>> No.20168683

>>20168515
Team tokens barely start to unlock after everyone else's are finished. VCs have the same terms, and less supply than the public sale.

>> No.20168736

>>20168515

As supposed to what? Ethereum's 100% premine? I think all tokens there went to team and Ethereum foundation.

>> No.20168988

>>20167992
Sounds good, but how fast are we talking till pump? Because I also have a token that's at bottom floor but didn't tell me exactly when it's gonna pump
bizhate@protonmail.com

I've got 1k to put in and I can't decide where. If I was rich i'd put 5k IN EACH.

>> No.20169106

>>20167992
I tried signing up, takes them 3 days to review KYC, sale is gonna be over by then.

>> No.20169258

>>20167992
OP. Why the fuck are you sharing this if you want to get into the ICO.

The ICO is going to go in 30 seconds and you're sharing it even more?

You are fucking low iq. You will never make money. I hope u die of cancer

>> No.20169282

>>20169106
It's horse shit I don't need. Its valuable revolves around locking tokens and limiting who can buy them. People are only interested in flipping it.
Hot potato is so 2017.

>> No.20169332

>>20168683
Team tokens are locked for 4 or 5 years

>> No.20169336

>>20167992
>only 2% available for public
>people still fall for VC scams
just wait till it goes to an exchange

>> No.20169340

>>20169258
Like this poor piece of shit who isn't Americam just wants to flip it. This is who you're going to pay 5x. HAHAHA

>> No.20169416

>>20167992
Just a heads up for everyone, this sale will likely last less than 60 seconds. This is not a no name project

>> No.20169644

>>20167992
>I estimate coins will go to $3 - $4
What a retard, at that valuation the market cap out the gate would be over $2 billion

>> No.20169793

>>20167992
Watched their interview with Sergs/Rory last week and it was interesting. But Isn’t it accredited only for burgers? Do you need to submit kyc no matter what or can you get away with foreign vpn?

>> No.20169863

>>20169644

Look at Tezos, and compare valuation and tech to Avalanche

>> No.20169898

>>20167992
Ugh I have to give them my ID and I'm pretty sure it'll reject my just like Coinbase.

>> No.20169968

>>20169863
I'm not saying it can't reach $2 billion, it definitely will at some point, I'm just saying it can't arrive at that day 1 without wallets, exchanges, tooling, and with anyone building anything on it. Who the fuck would take the risk and buy at that price?

>> No.20170734

>>20169968
It is already compatible with most of Ethereums wallets and tooling, this was a huge selling point for me.

>> No.20170756

They rejected my kyc for some reason

>> No.20170785

my kyc cleared...$AVAX hear i cum