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The most promising Layer 2 project that many are looking forward to is Arbitrum and it's possible that this project can be in the top 100 as soon as they release their native token.

I recommend everyone to pls at least make some transactions using Arbitrum chain and bridge or buy and store tokens running on the Arbitrum network because you may be eligible for their airdrop (if they plan to have a token), though this is not guaranteed.

Arbitrum doesn't have a native token yet but it has already surpassed Solana in area of projects that's been stationed on the network and total value locked. And if tokens comes the total value locked will increase even more.

Had to bump this topic, it's still relevant I guess (other topics that include Arbitrum seems to just focusing on specific projects on the chain). Well, they release already the criteria on how to be eligible on the airdrop and yes transacting on the chain was necessary. You can check here if you want to know more: https://docs.arbitrum.foundation/airdrop-eligibility-distribution

Already now you can check how many tokens you will receive: https://arbitrum.foundation/ These coins will be distributed to you by airdrop on March 23. Obviously, the listing will be on the same day at the largest CEX, as it was with airdrop Optimism.

It's quite surprising to me, considering the co-founder of Offchain Labs once stated (https://medium.com/@EdFelten/there-isnt-an-arbitrum-token-and-we-don-t-expect-to-create-one-7a197c51ea72) that there were no plans to launch an Arbitrum token. But hey, it's a pleasant surprise! My wallet is eligible for 2250 $ARB tokens!

https://i.postimg.cc/mDKmmngk/Screenshot-2023-03-16-212532.png

In hindsight, I guess it was a no-brainer to launch the Arbitrum governance token, especially since other L2 chains like Optimism and Polygon have their own tokens too. It makes even more sense when you consider that Arbitrum has a higher TVL than Optimism, along with real dApp usage and activity, such as GMX, which boasts millions of USD in daily trading volume without any trading incentives.

The game is still the same. Distribute the airdrop, wait for the people who receive the airdrop to dump it and then the sharks collect and pump it up to sell.
Arbitrum is a good L2 project but may not be the best because Zk is the best. Now the projects on ZK are just in the startup phase. When ZK technology is complete, we will see great optimization in reducing transaction costs and high transmission speed.

Yeah, they've said countless times too on their discord that there's nothing like an airdrop. Good for you that you're eligible, looks like you're interacting on the chain for quite a time now. Unfortunately, I'm not eligible even though I interacted on it because of the rumors.

Arbitrum airdrop got so much hype from various communities. I see that the total supply which was around 10 billions. It seems like the yearly inflation is not too big as it was only taking 2% as the maximum inflation that can be reached by arbitrum token.

We did see how successful OP airdrop and will arb become even more successful compared with OP? I guess there will be huge dump to come soon. I personally learned from OP if try to prepare some money to buy at the bottom and then waiting for the pump to come soon.

Only got a few thousand tokens but it seems like that will not be enough for long term hold considering how bit the circulating supply is. The price for each token must be even lower than OP.

There are bunch of people attacking arbitrum dev in the discord caused by they were not eligible for arb airdrop.  :D

I have been using arbitrum as it kicks ass and am now wondering what are the requirements for the airdrop, when is the snapshot and and does the amount of airdrop per wallet vary how much we use it.

I definitely want the token but at the same time i am wondering why the token even exist? We already see it working without it so what's the catch? Usually token is needed for incentives so what am i missing in here?

With 10 billion max supply, what do you think is the good entry point for a token with that massive total supply? I think the raindrop will cause a huge dump, I plan to start buying but I still can't forget what happened with Optimism, after the dump someone very close bought up and the token still dumped, what do you think?

I am patiently waiting for Zksync and Sei airdrop, I plan on buying some and hold too, I believe these new altcoins with make their first new All time hig with ease, I got as little at 600 ARB, I think it has something to do with Arbitrum Nova, because that's the bridged I perform three months ago and since then I have kept sending Ethereum on Arb here and there.

When I saw the spike in Volume of Arbiturm prediction market on Polymarket yesterday, I knew something is cooking but did not know it is this close. $Arbi token would be a huge success, the project can stand on its own and we are not yet in the bull market and the hype around it is this huge, this is a good project for long term holg though most people will first dump their tokens just like $Blur airdrop then the price will be up only. This is our own bail-out fund just like $Uni token airdrop then.

There were also those who interacted on Arbitrum a few times but they didn't get an airdrop but I myself only got around 1200 $ARB and this surprised me at first this token would not launch its own token.

There has been a lot of speculation about the $ARB token when it will be released, because they always compare with Optimism and Arbitrum over the OP maybe this will be a surprise at the listing?

Still very curious about this.

this just gonna be massive airdrops i'm sure that those received the token will surely get massive profit i'd say bagging it when market are dumping is gonna be one way of getting many profits over the circumstance, it's just gonna be like optimism all over again, im also interested in bagging this coin since this coin is really good anyway, if it hits new all time low, it just adds more benefits for the ones that gonna bag the coins.

It's really not too surprising with the recent information regarding the airdrop from Arbitrum, I know it is the top L2 in the market and the airdrop analysis from the OP I think the equivalent value for the lucky ones will be a bonus over $1000 :) And really if at the present time, this is really a thought too much for the state of the school all the time.

Indeed, the requirements are quite detailed, and the team has also implemented some rules to exclude sybil addresses.

Regarding the price, I'm expecting it to have a similar FDV to Optimism and Polygon, which is around ~$11B. This would put the token price at about $1.1 per token, making it lower than the current $OP price ($2.5). I think it's reasonable to expect the initial range for $ARB to be between $1 and $2.

We are about to see free coins coming soon again, congrats to everyone who won and is about to receive the airdrop. And for those who have not yet qualified, don't give up because there are many tokens for the community so I think in the future there will be more criteria for those who receive the airdrop.
And there's no doubt here it's coming. ARB will be one of the market's most powerful platforms when it arrives.

Indeed, the biggest intrigue of today is what price ARB will have. There is no doubt that this coin will be listed on all major exchanges. I also found an entertaining infographic with the estimated price of the coin, which is based on a comparison of ARB with Matic and Optimism - https://twitter.com/themodestthief/status/1636374758987300864 I think that the price of $1.74 per coin will suit everyone)

https://i.ibb.co/dL82V0b/34-main-v1678894697.jpg (https://ibb.co/Gtz28vs)

Nice looking piece of details, I do hope that a big dumo takes place though to heavy sell pressure, It makes no sense to buy ARB for 1$ each and plan to hold for the long term, I think that somewhere around 0.12$ to 0.15$ should be a good buying point, since this project is already big with TVL I doubt we will see any lower price opportunities, am I wrong?

This is a good estimation, thanks for sharing!

If the price ever reaches that range, I'd sell all my liquid holdings and bid hard :D. I don't even think it'll go below $1. Arbitrum is superior to Optimism not only in terms of TVL but also in other metrics like activity and on-chain DEX volume. So, it's unlikely that we'll see significantly lower price opportunities.

Im expecting like its gonna be on top 30 right away with the hype it gets. Their tvl beats a lot of L1 already and they are gonna launch their token in line with the upcoming market trend upward. This is gonna boost more confidence in them.

---

The news of airdrop is already out and there are many will received based on the criteria they have been set.

My estimate is $1 to 3 initial price so this could be on top marketcap right away.

Of course there will be lower price oppurtunity as always and definitely will catch those cheap prices when we saw it during their initial.

In any case, if you receive an airdrop from Arbitrum, the best solution would be to sell coins at the start of the listing of an exchange such as Binance. And after that, buy back even more ARB coins when the price drops after the pump. This way you will increase the amount of coins you have received as airdrop for long-term retention.

I hope so but i don't even mind it caused by i just got it for free, it would be better to see the token will have more price but i expect a huge dump to happen during the early days after the trade will be opened in the various market. There are so many markets have been announcing to support arb trade.

I learn from OP that airdrop participants will make the price go to the ground. Even though if the price will be only 50 cents and that will be good enough. Just saw it as a jackpot after regularly used arbitrum as second layer solution for ethereum.  

I think Arbitrum will be further developed and implemented in different crypto services. Right now Arbitrum support is still quite weak if we talk about different services, but there is potential, especially considering the difference in commissions compared to ETH. I consider Layer 2 as one of the main direction in altcoins, which will get hype in 2024-2025, and ZK-Rollups may also be affected by this hype. It is also worth paying attention to Layer 0 projects.

If I have to choose between zksync and arbitrum I will go for zksync, I know that arbitrum is more recognised in crypto space but zksync will do better unless the team failed to handle the project properly, the utility of zksync makes me prefer the project over arbitrum, still, these two projects are going to be very profitable in a bull market, congrats to all the airdrop winners.

I don't think the support can be considered weak when the network is barely launched and operational, there are already projects showing interest in building in this l2 network and to be honest, i think they will receive lots of support, have you used arbitrum eth to transfer? the fees are similar to the eth we use to know way back when.
They are new in the space but i believe they will have many interesting projects wanting to work with them because it is easy and less expensive.

this coin will get massive correction at the first second it got listed and usually will go back up again showing its true worth, I think accumulating this coin will be good idea, moreover L2 is always popular anyways,so many L2 gaining fame just because they are L2, expecting more L2 to come in the future but surely arbitrum will also gain success just like optimism.

You are lucky you get airdrop tokens but it doesn't look like a wise decision to invest.
TEAM AND FUTURE TEAM + ADVISORS 26.94% That's waaaay too much.

Sounds about right. I just checked my eligibility and sadly none of my wallets are not, but i am definitely buying if the price goes way lower than your estimate as i am way more excited about ARB then Matic or Optimism.

Anyone who has used it can probably agree that it's something worth using. And if the the game theory behind the token incentive / usage is done right, this could be in the radar of every whale out there.

This comparison for me is really making sense. When we will base here, it seems we will see the Arbitrum token will start at $1.+ but for me, with hype plus recent pumps on the market, I am really expecting higher than that. My target could be around $3-$5 and higher is maybe up to two digits of $10 (this is very huge already).
5 days and left and we will see it.

  -  Wow! I congratulate you my friend on the airdrops you will receive on Arbitrum, it looks like you will receive a large amount of 2250 ARB if I am not mistaken, the price is playing at 1.88$ each, you are very lucky if that is the case. It seems like the same thing happened during the Uniswap era.

It's a pity that I'm late because you need to do the tasks to qualify, and you must also have used a bridge right there in the arbitrum and you must have been using and trading on their platform for at least 2 months. So I think I'm not in the qualification anymore. So once again congratulations to you.

This is a common practice when a certain percentage of Total Supply is distributed among the project team. And as I know, these coins will be subject to a lock for 4 years. But the 26.94% you write about is the total number of coins that will be distributed for the Offchain Labs organization, which includes team members.

The success of a project depends on DEV, Backer and the community. Look at the big projects like Ethereum, EOS, Tezos, BNB... you will realize that current projects can be just a phenomenon or will be the future. I am not talking much about the value, I am referring to the price action of the airdrop recipients and whales who have invested in the projects. The whales will never let themselves be disadvantaged. They are market makers and that's the usual way they make money from other people.

    Looks like I got caught up in these airdrops of arbitrum again, I think he looks like he has potential too and has a fight in the future to increase in value in my opinion.

   As far as I know, there are criteria for you to qualify for airdrops, so it's not just that you join, it's just that you must be a user of the arbitrum platform itself for at least 2 months and if you deposit money, you also have to go through you're in the bridge or else you won't qualify for their airdrops, that's what I know.

Have minted .ARB domain from spaceID project. Do you recommend that selling that domain in this season ?

arbitrum listing -10$
https://www.hotbit.io/exchange?symbol=ARB_USDT

But it should not be considered strong either. If we're talking about speed and popularity, the difference in fees isn't always the most important factor. If I use certain services and wallets, and there is no Arbitrum there, this will not make me look for those services and wallets where Arbitrum is present. I just choose another network. Let there will be a higher commission, but I will not have to perform any additional actions. I hope that over time, Arbitrum will be represented in almost all popular wallets and services, but now its distribution is very low.

Arbitrum's first airdrop is already allocated to the participants. When it comes to L2, all of them have lower fees. I think there is a trend to participate in L2 ecosystems to get mainnet airdrops

That being said, it is true that Layer 2 (L2) scaling solutions, such as Arbitrum, can offer lower fees and faster transaction processing compared to the main Ethereum network. This is because L2 solutions can process transactions off-chain and then settle them on the Ethereum mainnet, reducing the amount of data that needs to be stored on the main network.

Still not the official price, we have seen this so many times before, the price will only stay at 10$ for a few minutes and it will dump so hard, many traders will lose money, that's certain, also many people will dump their tokens, if I see a good entry price I am going to take the opportunity.

Too many coins will be distributed, which the participants will receive for free, and accordingly, these coins will be sold on the market, which will lead to a significant price reduction. And it will be a very good opportunity to buy coins at a significantly reduced price for those who have not received this airdrop.

i got that too, and my wallet is eligible for 625 ARB. I don't know whether this token is officially from arbitrum or not, what is clear is that several exchanges have confirmed that the ARB token will be listed on the 23rd.

Congrats! It's the governance token for Arbitrum so it's "official". You can find the announcement here (https://twitter.com/arbitrum/status/1636362096714690562l) and here (https://arbitrumfoundation.medium.com/arbitrum-the-next-phase-of-decentralization-e7f8b37b5226). Yup, I expect every major exchange Binance, Coinbase, etc.) to list it right after distribution.

Congrats!

With your screenshot, it seems you completed 5 tasks (https://docs.arbitrum.foundation/airdrop-eligibility-distribution) to receive those amount of Arbitrum token.

I scanned their Wiki doc and there are many tasks. If people completed more than 3 tasks, they will be eligible for airdrop distribution.

It is for at least two latest months conducted transactions so is it possible to join their airdrop now?

Do they have only one airdrop round that is coming or more airdrop rounds so that late comers than me can join?

I think those who got 600 Arb only completed 3 task and those who got 1000 or more completed more than 3 tasks, someone said that this airdrop won't end after the first distribution, that if one continues to make transactions on arbitrum they can still be qualified for future airdrop, I have a feeling that this won't be the end, just like optimism.

The Airdrop snapshot was performed on the 58642080 block on February 6, 2023, respectively, you will not be able to claim this airdrop if the network activity was performed later. But since the team has not fully spent the fund intended for airdrop, we will see similar airdrops more than once, but they will be much smaller. We saw a similar practice of airdrop distribution earlier in the Optimism network.

I find the steps to be very simple, just do the transactions normally, and especially for such a long time, I believe everyone will be able to fully complete the task.
Well as you mentioned this will not be the first airdrop, which is very likely. As we all see the token will mostly be for the community. However I think it's like some of the big projects before that have additional airdrops later, eg: UNI

As far as I know, only one airdrop is planned for Arbitrum. The team has not mentioned any plans for additional airdrops, nor is there any allocation set aside for such events. This is quite different from Optimism, which has implemented multiple rounds of airdrops for their community.

Congrats to all those that pass the test of time to have done some transactions on the Arbitrum chain, some use more than one address and now they are waiting to make millions in a few days, I missed this one because I stopped doing transactions in the past 100days, a YouTuber confused me, saying its better to hold some tokens on Arb blockchain to pass for the Airdrop, I even went and bought an NFT too, do the bridge, yet I am unlucky.

Yes, I also haven't found that they The Arbitrum network development team hasn't done the next Airdrop yet, and I haven't seen any signs that they give sentiment to this for the community, but if we talk about anything other than an airdrop I think we can buy it and hold it for the long term , considering the power that L2 Arbitrum brings is quite potential with its utility in the network and the convenience it provides, I didn't get eligilble from the Arbitrum airdrop because maybe I wasn't very active and didn't intertwine the stages given, but it looks like I'll buy some ARB for the future.

This is a one-time Airdrop, look into the document and find the correct information, the ones for the ecosystem is different, it is for the dapps on the chain, this is based on the discretion of the project developers and the community to decide how to use it, whether to distribute it to the users or add it to the treasury. The amount is small compared to the general Airdrop

Yes, we would all like the Arbitrum airdrop to be regular, but the team thinks differently. And so that we would have no illusions, they placed an appropriate ad on the first page of the site. But we all remember that since the launch of the Arbitrum network, the team has regularly said that there will be no airdrop.

You are right in what you mentioned, you need to have at least 2 months of experience making transactions on their platform, so if you are just now joining the airdrops and you haven't tried it, you are for sure no longer eligible for it.

      Also, as far as I know, they have not announced yet if they will have a second round for these airdrops, if there will be another round because the previous ones have not received it.

congratulations to friends who have been able to claim the arbitrum token, soon you will be able to have the arbitrum token in your wallet and I monitor arbitrum will be listed on the binance market. I noticed that the arbitrum price has reached a price of $13.

where do you see that? as I know ARB will be listing on all exchanges on the 23rd. is it possible to reach $13 with a total supply of 10b ? i think it's impossible. ARB total supply is not much different from MATIC and most likely the price when listing is not far from MATIC, but the price can also drop a lot due to airdropper and prices can drop below $0.5

Perhaps he/she has seen the ARB IOU on an exchange that already allows trading, but it's actually fraught with risks as some exchanges take advantage of this to attract users to trade. However be careful not to lose money, and I think the moment we are about to get the L2 ARB ecosystem rallies soon :)
And congratulations to those who will receive the upcoming airdrop.

Some users have more than one address? Dang I think that's illegal and its clearly an abuse but if you check the rules of their airdrop, you will see how strict they are so for sure those who attempt to create more than one accounts are going to be unsuccessful and even their main accounts won't get any drops. That's great for them.

On the above posts, it says you need to do 3 different tasks. Maybe you only did two and that is why you didn't qualify but someone says that the airdrop would continue? Maybe you can try fulfilling those other task and see if you will qualify later on, if ever there were truly another round for this. Don't worry, as long as you still have your arb coins with you and its NFTs, you can still sell it later on when their value pumps for profit.

Layer 2 projects are going to be successful in the next bull market, Arbitrum is just the beginning, if you are a smart investor I promise you will do well if your crypto portfolio consists of new Layer 2 projects, like Arbitrum, Zksync airdrop will follow, I believe these projects will so very well because money will move into them easily.

I didn't know about Arbitrum until recently. I wasn't qualified for the airdrop but I hope to buy some of it and hodl, am just waiting for the perfect opportunity for the token to dump so that I can get in. I have been reading some pretty good stuffs about it and I think it's going to worth investing some couple of bucks.

This is the next hype project, many believe to have the same airdrop and there's nothing to lose if you will try aside from the fees.
OP is a good early hunter, for sure he earns a lot of profit from $ARB. The future is bright for this layer 2 looks like they are trying solve the problem of EHT after all. Will try this Zksync for me not to miss any airdrop as well, its taking risk now or just feel sorry later on.  :D

wow, this seems like the right prediction, even after distributing the token airdrop the price of arb is still the same and it doesn't drop too deep, I see maybe around 400-900 million $ worth of arb tokens has been distributed.this is another big airdrop after aptos,uniswap.

Large airdroas do not pass without scandals and investigations
Advanced Analysis For Arbitrum Airdrop (https://mirror.xyz/x-explore.eth/AFroG11e24I6S1oDvTitNdQSDh8lN5bz9VZAink8lZ4)
"Through our internal same-person/Sybil address recognition model, we successfully identified more than 279,328 same-person addresses and 148,595 Sybil addresses that received the airdrop.

Sybil hunting has always been a hot potato for project parties. Project parties need Sybil to support the popularity of the project, but on the other hand, they have to bear the risk of Sybil's profits and the risk of market dumping after Sybil cashed out. According to X-explore's estimates, there are around 150k Sybil addresses and at least 4000 Sybil communities included in the airdrop and the total profit of Sybil addresses accounts for more than 253 million tokens.
After multiple rounds of verification, we have obtained a very reliable list of Sybil addresses. Arbitrum is welcome to contact us for it."

https://www.coindesk.com/tech/2023/03/28/consensys-launches-zkevm-public-testnet-renames-it-linea/
ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’
Ethereum software firm ConsenSys has released a public testnet of its zero-knowledge Ethereum Virtual Machine (zkEVM), and has given it the name “Linea.”
ConsenSys launched a private testnet for its zkEVM in December. Since then it has processed over 350,000 transactions. In a blog post, the team behind Linea said that “Linea represents the next evolution of ConsenSys zkEVM, powering a new generation of dapps built on Ethereum.”

The demand is big. The price can be pumped back again once arbitrum will be getting so many whales to get him. The only thing that must be done is to make sure if the users will not be leaving from the ecosystem.

keeping them with the DAO reward will be making the more users to come from another blockchain. The competition is really strict at this moment.

Yes it's a common practice but it's completely wrong. It's basically premined more than quarter of coins, nobody would like to touch a coin with too much premine.
Crypto environment have to be evolved and don't let these things happen.

Finally they released their native tokens and some earlier users has benefited from the airdrop including some members on the forum, I'm looking forward to how far this project can go and make the investors rich.

At the moment the token is trading just above $1 but it'll be trading above $10 when the bull market comes. Airbitrum is a very good layer 2 project and will be having the market gains of polygon very soon.

Top 100 is too far, this token will be in top 10 in the next bull market, already it's now in top 30 and we're not even in the bull market yet. Having ARB in your portfolio should be among your plans before the year ends.

I have heard quite a few things about Arbitrum but not that much to make me fuss over it. Even my friends haven't mentioned it but seeing all the positive things here about Arbitrum, I am considering reading about it more. If all goes well I might consider jumping into this ride as well and may even share it to my friends. Does anyone know a good competitor for Arbitrum or it doesn't have one at the moment? Would want to take a look at that as well if ever.

The Arbitrum does not have a premain. Total Supply ARB in the amount of 10,000,000,000 coins is fully printed and in accordance with the roadmap, all these coins have a lock, with the exception of coins allocated for airdrop. The next unlocked ARB coins will appear on the market in 1 year.

if you look at the max supply and when compared to similar projects (L2) the price of ARB will not be far from $1. when the first listing price of ARB exceeded $ 5 which was caused by very high hype but not long after that the price dropped dramatically because the airdrop participants started selling, and I think it's natural for the price to drop because the token allocation for the airdrop is huge and more than 600k wallets are eligible to receive ARB.

How informed is your friend about the cryptocurrency market, because if he was informed them he would had mentioned Arbitrum to you because it's all over the cryptocurrency news, it's the hottest project in town.

Arbitrum has so many good competitor and the most popular and already successful is polygon. If you aren't aware, Arbitrum is a layer 2; blockchain that helps fasten the transaction happening on ethereum blockchain.

We have so many layer 2 blockchain and they all became popular after the success of polygon so you shouldn't waste time if you want to invest in Arbitrum before it starts pumping, it's already listed on Binance.

https://twitter.com/arbitrum/status/1643700199037054977

" With the ArbitrumDAO reaching consensus against AIP-1, it's now time to incorporate community feedback, and move forward with new AIPs and documentation that address key areas of concern.
The Foundation will not move any of the remaining 700M tokens in the Administrative Budget Wallet until an acceptable budget and smart contract lockup schedule has been approved by the DAO."

AIP-1.1 - Lockup, Budget, Transparency
https://forum.arbitrum.foundation/t/proposal-aip-1-1-lockup-budget-transparency/13360

AIP-1.2 - Foundation and DAO Governance
https://forum.arbitrum.foundation/t/proposal-aip-1-2-foundation-and-dao-governance/13362

Transparency report: Initial foundation setup
https://docs.arbitrum.foundation/foundational-documents/transparency-report-initial-foundation-setup