DeFi continues to evolve with projects like TAIKO

[Crypto_Potato]

A new DeFI project I just discovered is Taiko which is an open-source, community-driven project focused on building a decentralized scaling solution for the Ethereum blockchain. This project has attracted $22 million in investments from major players like Seqouia China, IOSG Ventures, OKX Ventures, KuCoin Ventures, and others, received mentions from Vitalik Buterin, and support from leading funds and tier-one projects. They also promise there are no centralized actors that operate the network; all operations are permissionlessly run by the community.

The project sounds good and and the TKO tokens are set to list soon, during my research I found out there's currently a pre-market for this token and I'm wondering if buying and investing early pre-listing is the right choice 

What are your thoughts about this project and token?

Source: https://coinmarketcap.com/community/articles/65e351ab5d81206964c3a223/

[nelson4lov]

Taiko at a first glance prides itself as the most friendly Ethereum scaling solution but I don't think it's anywhere close and there are dozens of other projects that does the same thing. I didn't get to use their testnet but I have a couple of friends that did and their experiences were nothing to write home about. For a project that wants to the most user-friendly rollup and most of its features are usable due to terrible ux. The Mainnet will be in full swing soon and I'd be on the lookout to see how its ecosystem fares.

As for TKO tokens, I will probably skip for now until the price stabilizes at a good zone for price discovery.

[Bureau]

Looks good to me as any projects that is dealing with the scaling solution of Ethereum have been in the hype zone. After the approval of Ethereum ETFs they will getting benefitted and since TAKO is claiming it's fully decentralized it can capture the layer 2 market. If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

[MAAManda]

What are your thoughts about this project and token?

I don't really understand the scaling technology behind it, but when it comes to tokenomics, I think Taiko (TKO) has an advantage in terms of scarcity. 2 other large L-2 Ethereum projects have a larger supply than Taiko (TKO), for example Arbitrum (ARB) which has a supply of 10B tokens & Optimism (OP) which has 4.29B tokens. Meanwhile, on the other hand, Taiko (TKO) only has 1B supply.

If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

Pre-market for Taiko (TKO) is available on Bitget, currently pre-market data for Taiko (TKO) is as follows:

24h total (USDT): 18.07K
Best bid price (USDT): 1.59
Best ask price (USDT): 2.20
Last price (USDT): 11.11 (+455.5%)

[makishart]

A new DeFI project I just discovered is Taiko which is an open-source, community-driven project focused on building a decentralized scaling solution for the Ethereum blockchain. This project has attracted $22 million in investments from major players like Seqouia China, IOSG Ventures, OKX Ventures, KuCoin Ventures, and others, received mentions from Vitalik Buterin, and support from leading funds and tier-one projects. They also promise there are no centralized actors that operate the network; all operations are permissionlessly run by the community.

The project sounds good and and the TKO tokens are set to list soon, during my research I found out there's currently a pre-market for this token and I'm wondering if buying and investing early pre-listing is the right choice 

What are your thoughts about this project and token?

Source: https://coinmarketcap.com/community/articles/65e351ab5d81206964c3a223/

Another garbage copy paste token. This token is good only for farming and airdrop participants will be dumping their tokens soon. Taiko developing a useless products. Only fewer people are using it now. It's not all of project mentioned by viltalik became successful.

Taiko has not even listed on l2beat.



Zkrollup blockchain is rarely getting successful compared to the optimistic rollup blockchain. As you can see that how starknet, line or even era have less TVL compared to the new blockchain like blast which has been sitting at the 4 place under base blockchain.

Even it was surpassing mantle blockchain by bybit. I think that price will be dumping so hard at the listing phase. Taiko's hype is not as big as blast.

[btc78]

Looks good to me as any projects that is dealing with the scaling solution of Ethereum have been in the hype zone. After the approval of Ethereum ETFs they will getting benefitted and since TAKO is claiming it's fully decentralized it can capture the layer 2 market. If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

Anything that could solve scalability issues in any blockchain will prove to be something that would garner lots of attention but especially one that could help ethereum. The gas fees are incredibly high and I know a little breather from that would help a lot of investors.

Let’s just hope it actually helps the blockchain or else it’s just going to contribute more problems.

[Crypto_Potato]

So it's not exactly the best and there are better alternatives for it?
Alright then I'll look forward to the TKO listing on exchanges then and when the price stabilizes

Taiko at a first glance prides itself as the most friendly Ethereum scaling solution but I don't think it's anywhere close and there are dozens of other projects that does the same thing. I didn't get to use their testnet but I have a couple of friends that did and their experiences were nothing to write home about. For a project that wants to the most user-friendly rollup and most of its features are usable due to terrible ux. The Mainnet will be in full swing soon and I'd be on the lookout to see how its ecosystem fares.

As for TKO tokens, I will probably skip for now until the price stabilizes at a good zone for price discovery.

[Crypto_Potato]

The scarcity is definitely an advantage in tokenomics comparison to other L2 projects. Also a premarket does pose a chance for a good and early investment, I'm curious if anyone here has participated or is willing to participate

What are your thoughts about this project and token?

I don't really understand the scaling technology behind it, but when it comes to tokenomics, I think Taiko (TKO) has an advantage in terms of scarcity. 2 other large L-2 Ethereum projects have a larger supply than Taiko (TKO), for example Arbitrum (ARB) which has a supply of 10B tokens & Optimism (OP) which has 4.29B tokens. Meanwhile, on the other hand, Taiko (TKO) only has 1B supply.

If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

Pre-market for Taiko (TKO) is available on Bitget, currently pre-market data for Taiko (TKO) is as follows:

24h total (USDT): 18.07K
Best bid price (USDT): 1.59
Best ask price (USDT): 2.20
Last price (USDT): 11.11 (+455.5%)

[Iamcrypticguy]

The scarcity is definitely an advantage in tokenomics comparison to other L2 projects. Also a premarket does pose a chance for a good and early investment, I'm curious if anyone here has participated or is willing to participate

What are your thoughts about this project and token?

I don't really understand the scaling technology behind it, but when it comes to tokenomics, I think Taiko (TKO) has an advantage in terms of scarcity. 2 other large L-2 Ethereum projects have a larger supply than Taiko (TKO), for example Arbitrum (ARB) which has a supply of 10B tokens & Optimism (OP) which has 4.29B tokens. Meanwhile, on the other hand, Taiko (TKO) only has 1B supply.

If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

Pre-market for Taiko (TKO) is available on Bitget, currently pre-market data for Taiko (TKO) is as follows:

24h total (USDT): 18.07K
Best bid price (USDT): 1.59
Best ask price (USDT): 2.20
Last price (USDT): 11.11 (+455.5%)

Yeah you're right. If you're a project follower pre market is an avenue to get in early and probably sell upon listing. I've seen TKO on Bitget's otc market. . Did you get the airdrop? Heard that folks that did the testnet got nada.

[MAAManda]

The scarcity is definitely an advantage in tokenomics comparison to other L2 projects. Also a premarket does pose a chance for a good and early investment, I'm curious if anyone here has participated or is willing to participate

What are your thoughts about this project and token?

I don't really understand the scaling technology behind it, but when it comes to tokenomics, I think Taiko (TKO) has an advantage in terms of scarcity. 2 other large L-2 Ethereum projects have a larger supply than Taiko (TKO), for example Arbitrum (ARB) which has a supply of 10B tokens & Optimism (OP) which has 4.29B tokens. Meanwhile, on the other hand, Taiko (TKO) only has 1B supply.

If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

Pre-market for Taiko (TKO) is available on Bitget, currently pre-market data for Taiko (TKO) is as follows:

24h total (USDT): 18.07K
Best bid price (USDT): 1.59
Best ask price (USDT): 2.20
Last price (USDT): 11.11 (+455.5%)

Pre-market prices can't be a real reference, I once went there instead of waiting for the official listing time on CEX, but what did I get? I was unlucky & experienced a loss. Based on that incident, I advise all of you not to go to the pre-market, it's like buying an item whose shape isn't yet clear, it's better to wait for the official listing time and buy immediately when the market opens.

[Crypto_Potato]

I think this is a controversial opinion, I think the usefulness of a premarket depends mainly on the token you're buying or selling, if you're buying a token that the community are planning to dump and sell upon listing a loss is almost inevitable but a token like an utility one with real potential is really worth buying on a pre market

I've bought on a premarket before and made very little profit but I didn't take any loss

The scarcity is definitely an advantage in tokenomics comparison to other L2 projects. Also a premarket does pose a chance for a good and early investment, I'm curious if anyone here has participated or is willing to participate

What are your thoughts about this project and token?

I don't really understand the scaling technology behind it, but when it comes to tokenomics, I think Taiko (TKO) has an advantage in terms of scarcity. 2 other large L-2 Ethereum projects have a larger supply than Taiko (TKO), for example Arbitrum (ARB) which has a supply of 10B tokens & Optimism (OP) which has 4.29B tokens. Meanwhile, on the other hand, Taiko (TKO) only has 1B supply.

If there is a pre market then investing in the token will be beneficial. After listing the token price will surely scale up.

Pre-market for Taiko (TKO) is available on Bitget, currently pre-market data for Taiko (TKO) is as follows:

24h total (USDT): 18.07K
Best bid price (USDT): 1.59
Best ask price (USDT): 2.20
Last price (USDT): 11.11 (+455.5%)

Pre-market prices can't be a real reference, I once went there instead of waiting for the official listing time on CEX, but what did I get? I was unlucky & experienced a loss. Based on that incident, I advise all of you not to go to the pre-market, it's like buying an item whose shape isn't yet clear, it's better to wait for the official listing time and buy immediately when the market opens.

[nelson4lov]

So it's not exactly the best and there are better alternatives for it?
Alright then I'll look forward to the TKO listing on exchanges then and when the price stabilizes

Taiko at a first glance prides itself as the most friendly Ethereum scaling solution but I don't think it's anywhere close and there are dozens of other projects that does the same thing.
 ~Snipped

Ah yes, there are other projects that currently exist that I think offer much more than Taiko at the moment. Their tech may improve in the future but right now, I won't be touching it because recent listings with similar situation like Taiko end up getting epically dumped at TGE/listing.

• Renzo - REZ
• Starknet - STRK
• Parcl - PRCL
• Omni
• SAGA

This is just a tiny list. You'd want to check out the recent listings on both bybit and Binance. Taiko won't probably list on binance so you should get the gist by that fact already.

If you really want to get TKO, You might want to wait till first wave of sales are over before any further upsides. Goodluck btw.

[Volimack]

Ethereum is in the best position after ETF approval TAKO will take time to build its market position. It seems like a new project to me. No one will believe in new projects easily. It is better to choose coins that are at the top than to lose tokens by investing in these projects. I believe Ethereum will continue to be significant but I am very confident about its value perspective because people are getting smarter.