/biz/ - Business & Finance

>>54302349
As of now the zksync ecosystem is pretty poor on good projects, so OT stands out and has a first mover advantage on the network. Also it's the most visited project on the network.

Where do I buy friend?

>>54302349
After the aribtrum airdrop free moneys, the herd is going to rush into zksync network to check in for free moneys airdrop, funneling money into the native shitcoins, doing activities like trading, staking locking money in liquidity pools and so on to checkmark for a potential ZKS airdrop, providing free marketing and growth for the platform, until it starts moving by inertia. There would be a very few projects at the start and nothing comparable to OT.

OT is not just a perp dex with up to 70x max leverage, it's also a lending platform (where lenders are also lp providers), has it's own stable coin, one sided liquidity (you have to lock just 1 token instead of two), staking, farming and it has zksync era as it's native network. It's a unique project with no analogues across other chains, not even talking about zksync

>>54302349
exactly 10 minutes after my thread was created zksync era made an official announcement of launching public zksync era mainnet. lmao.

>>54302499
since zk era is out now, you only have to wait until OT launches the token, which could happen anytime soon this week. Just follow the official announcmenets on discord or twitter.

>>54302640
what do you think it will open at ?

>>54302349
menorah token?

>>54302718
Looks like a piece of art called "Modern day woman"

>>54302718
lmao. Even more reasons to buy it.

>>54302693
the OT price ? No idea. Circulating supply is going to be 10 million tokens. An average reasonable valuation for a project like that is $30M+ marketcap. Considering the main competitors on zksync network like zigzag, mute io, which already have their tokens, both of these have $30-$40 million marketcaps. From similar projects on arbitrum like vela exchange, camelot $30 seems to be an average value as well.

$30M marketcap and $10 million supply gives us a $3 per coin value, so anything that's lower than $3 is cheap.

<$1 is a must buy price
$2-$3 is a reasonable price
$3-$5 is full price discovery in my opinion and should be considered with caution, but the potential to go beyond that is still there.

The maximum valuation it could reach is unlimited. The number one player in the perpdex space right now is GMX, sitting at at $600M martecap at the moment, which would place OT at $60 price given the same marketcap value.

scam project, not audited and they got kicked out from camelot launchpad for scamming

>>54302863
>From similar projects on arbitrum like vela exchange, camelot $30 seems to be an average value as well.
I meant $30 million marketcap, of course

>>54302895
they weren't kicked out, they didn't agree with their greedy launch system and decided to conduct the IFO by themselves on their own website. Camelot are the real scammers in here.

>>54302863
I hate fags who don't consider diluted
$3 would put it at 300m diluted mcap

stop shilling your presale bags OP

>>54302963
That's exactly what he's doing. Wasn't this shit 30 cents? Kinda silly to say a 10x for him is the floor for us. And by silly I mean nigger jewish.

>>54302895
This...this scam project didn't pass the strict vetting done by the camelot team. This is a huge red flag, stay away sisters

Same fag has been shilling his bag here for a couple of day

>>54302895
>>54303083
They're going to reimburse the initial IFO contributors with platform's generated profits until their contributons are fully paid off. Is that considered a scam now ? These guys basically gave out their tokens for free to early investors who believed in the project.

>>54302963
Fully diluted supply doesn't mean shit. Lot's of projects have it differ by a factor of 10 and no one seems to give a fuck, and the coins still pump massively.

Just look at the recent Arbitrum launch. It opened at $16B fully diluted. How would that happened your theory had any basis in reality ? Everyone was predicting the opening price based on circulating supply of 1.3B tokens at the start, which put it at $1 - and that's exactly what happened.

>>54302640
>tfw didn't the testnet shit literally 6 hours ago
will i make it bros?

>>54303105
I'll be back here in few months to rub it into your face how wrong you were when all of you fomo into the hype. Anyway, I don't care if you get in now or not. Your pocket change money wouldn't change anything or make the trading volume surge in any reasonable way (also, it's not even out yet). My few threads got like what 10 replies at best ? You think I'm doing that to dump my bags on 10-30 random people ?

Just trying to market the project I believe in, as that can't possibly hurt me financially if other people get in as well, as I already reserved my place. You all can ignore it and call your lgbtq+ jannies to clean up my poopoo, I won't post it here anymore, tired of spoonfeeding to be honest.

For anyone else interested in what I have to say - DYOR, I'm leaving the thread to play diablo4 open beta in few hours.

>>54303363
you mean zksync testnet ? If there ever was a snapshot, it's probably done before even closed alpha mainnet, but ou could still hope idk. Era mainnet acitivity is probably what will be rewarded anyway, not the testnet botting.

I tried to understand Zk but it filtered me out. I gave up and bought cryptogpt like the brainless rat that I am. Make things easy to use or people wont use it, guys.

>>54302566
That is not certain. Remember arbitrun has been there for years, and only now caught steam. After arbitrun fails, people will be heartbroken, and wont want to touch another ecosystem again for a while, so alts will get the money for a while. Maybe this has a chance at a later date.

>>54303998
How.

>>54303998
You are not missing out on much lol >>54302566