Congratulations to @TorchWallet on the launch of their new browser extension!
With the blue ocean of Zilliqa 2.0 ahead and the plethora of new opportunities it will bring, tools like this will be key to seamlessly onboard new users.
👊Prepare yourselves for the Forgotten Tournament!
@forgottenrunes x @LuchadoresNFT
🗳️Registration will open 13th Oct for all Luchas with more details to come
🎲In the meantime, try your luck in winning 1 of 5 Luchadores
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2⃣Follow @LuchadoresNFT & @forgottenrunes
Introducing the $Arbinu MAGIC BRIDGE! 🪄🌉
We’re in the final stages of development for our ONE-CLICK bridge. 👀
Millions of MetaMask users outside of Arbitrum will be able to buy Arbinu with $ETH, $BNB, $SHIB,… in just one click from their wallets! 💹🚀
#Arbinu $Arb $Arbi
O3 Swap's just listed the @alt_layer native token!
Users from all of the EVM ecosystems we support can now swap to and from their token with ease thanks to the power of aggregation!
Join us in 20 minutes at Palermo room to play the @THORWalletDEX & @Maya_Protocol lotería!
📍Palermo break room @RareEvo
Get your crypto swag and get your hands on $MAYA and $TGT tokens!
Looking at $BTC $ETH and $SOL
ETH has a good catch up in the last day but overall still looks the weakest of the three
Certainly think distribution to all three is good but right now ETH needs to step up if it wants a higher % of a portfolio
53 years ago today, on August 15, 1971, President Nixon ended the $USD's convertibility to gold, dismantling the Bretton Woods system. Years of overspending left the US unable to back all dollars with gold. France’s move to exchange dollars for gold led Nixon to sever the gold link, paving the way for fiat currencies and the rise of #bitcoin.
$BLACK token from @BlackPanther_Fi is launching in 3 Launchpads simultaneously on 17-Apr-24. This is probably one of the most anticipated tokens on @injective and can probably break the record of $HDRO token easily which was oversubscribed in the first 10 minutes and more than 10 times in the end with > 40 million $ committed. https://t.co/nNk3fqjRnd
But $HDRO & most tokens so far on @injective have been overflow model. Which means you subscribe for 50 $INJ - and 10x oversubscribed, so you will get only 5 $INJ worth of tokens in the end. As explained here -
But what's interesting about $BLACK token is that first of all it is launching in 3 of the biggest Launchpad platforms of @injective
1. @BlackPanther_Fi own Launchpad Platform. FCFS Model.
2. @MitoFinance the platform that launched $HDRO . Model not confirmed.
3. @Dojo_Swap the platform with most Launches. Model not confirmed.
But the main concern as raised below on the question is that the Launchpad is an FCFS model. First come first serve.
Many projects have done FCFS before on other ecosystems and it usually sells out in seconds. 90% Small investors won't get any as their transactions will fail against the high gas fees set by the Whales. I am not a big fan of FCFS. But at least in many such cases the max commit per wallet is a little fair allowing a few hundred wallets to participate. But here the biggest concern is the max commit per wallet.
Each wallet is allowed to commit 100,000 $INJ - that is more than the entire tokens on Sale at 60,000 $INJ. So if 10 whales buy at 10,000 $INJ then no one else will get any tokens. That looks extremely unfair on retail investors.
I hope the @BlackPanther_Fi team consider a more fairer allocation given the expected demand that would be there and reduce the max commit per wallet amount.
I also sincerely hope the Launchpad models of @MitoFinance and @Dojo_Swap are not FCFS for such a major launch.
If Bitcoin is rejected at the top of the triangle, the E wave is most likely in play 😏 Be aware of the nice support at $67,8k or the liquidity level slightly below 👀 Overall, a break towards the upside is more likely 🚀💪