Future of Layer 2 and Arbitrum

[zasad@]

Large airdroas do not pass without scandals and investigations
Advanced Analysis For Arbitrum Airdrop
"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."

[zasad@]

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.”

[Teraboy]

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.

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.

[Tadic]

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.

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.

[Weawant]

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.

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.

[Similificator]

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.

[tvplus006]

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.

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.

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.

[Rasa nanas]

Airbitrum Means ARB This Is Most Powerful Projects And They Are Giving Huge Amount Of US Dollar Pool Allocation Airdrop Distribution In March 2023 About 1 Month Ago And Creat Very Hype ARB And Pumping Very Good But When Airdrop Received Participants Selling Their Airdrop Balance And START To Dumping ARB I Hope Layer 2 Will Very Good For Us.

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.

[Weawant]

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.

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.

[zasad@]

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