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Author Topic: Future of Layer 2 and Arbitrum  (Read 476 times)
Outhue (OP)
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November 02, 2022, 08:32:31 AM
 #1

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.

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March 16, 2023, 01:28:26 PM
 #2

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
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March 16, 2023, 02:03:20 PM
 #3

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.

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March 16, 2023, 02:34:23 PM
 #4

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
It's quite surprising to me, considering the co-founder of Offchain Labs once stated 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!



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.

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March 16, 2023, 02:58:01 PM
 #5

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.

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March 16, 2023, 04:06:44 PM
 #6

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
It's quite surprising to me, considering the co-founder of Offchain Labs once stated 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!
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.
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March 16, 2023, 04:42:19 PM
 #7

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.  Cheesy

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March 16, 2023, 04:57:51 PM
 #8

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.
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?

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March 16, 2023, 05:20:37 PM
 #9

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.
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?

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March 16, 2023, 05:28:15 PM
 #10

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.

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March 16, 2023, 05:45:03 PM
 #11

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.


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March 16, 2023, 06:01:09 PM
 #12

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
It's quite surprising to me, considering the co-founder of Offchain Labs once stated 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!
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.
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.

R


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March 16, 2023, 11:49:08 PM
 #13

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.

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southerngentuk
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March 17, 2023, 01:27:27 AM
 #14

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 Smiley And really if at the present time, this is really a thought too much for the state of the school all the time.

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March 17, 2023, 02:24:29 AM
 #15

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

The price for each token must be even lower than OP.
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.

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March 17, 2023, 08:04:21 AM
 #16

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.

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March 17, 2023, 08:27:19 AM
Merited by dbshck (2), o48o (1)
 #17

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.

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)


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March 17, 2023, 08:38:32 AM
 #18

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.

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)


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?

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March 17, 2023, 09:28:33 AM
 #19

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)


This is a good estimation, thanks for sharing!

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?
If the price ever reaches that range, I'd sell all my liquid holdings and bid hard Cheesy. 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.

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March 17, 2023, 09:55:23 AM
 #20

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.
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.

So, it's unlikely that we'll see significantly lower price opportunities.
Of course there will be lower price oppurtunity as always and definitely will catch those cheap prices when we saw it during their initial.

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