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Author Topic: Do you think projects on LayerZero will benefit once they launch?  (Read 224 times)
Sayeds56
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May 26, 2024, 09:40:45 AM
 #21


If you check other projects, it's still underfarmed! There are many better options than Layer Zero on the market, and this drop can be a good chance for them to stay on the market or be voided!

Certainly, there are many other projects available in the market for airdrop farming such as LINEA, ZKSYC, Layer3 and many others, those have performed comparatively better. I personally have participated in all of them including LayerZero to maximize my profit from airdrop farming as I find it to be a very lucrative sector in crypto landscape. Hoping all these projects will reward their participants with generous amount of their native tokens. DYOR
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May 26, 2024, 09:51:50 AM
 #22

We won't know for sure if projects built on Layerzero will cook or not until when layerzero launches. The ZRO launch has to be strong as it would be used as a benchmark for other projects launching with the omni chain narrative so you could already see how Layerzero launch would be either a make or break moment for their ecosystem projects. I only just got to know about Holograph so there's very little I have to say about until the official launch goes off tomorrow.

That's why you need to understand the basic principle of investing in this new project Whether you are in the midst of success or failure depends on how investors look at it once they finally launch their platforms. Sticking to the basic rules which is investing only what you can afford to lose is the best approach if you really want to invest and try your lunch with that kind of project and with a new idea such as this one, I doubt that they failed at their first launch rather it is best to consider to be ready to sell your coin whenever you sense that it won't go any further after the launching of their platforms to avoid losing your capitals.
Look it's good to stay safer on your investments but have you ever thought that how would you become a Millionaire while staying into the safe limits. It's not ever seen into the history that someone became a millionaire while staying into his safer zone your have to take certain risks.

Now risk doesn't mean that you have to invest without knowing on what you're investing in and what will be its price. Calculated risks are always preferred.

Sayeds56
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May 27, 2024, 01:22:30 PM
 #23


That's why you need to understand the basic principle of investing in this new project Whether you are in the midst of success or failure depends on how investors look at it once they finally launch their platforms. Sticking to the basic rules which is investing only what you can afford to lose is the best approach if you really want to invest and try your lunch with that kind of project and with a new idea such as this one, I doubt that they failed at their first launch rather it is best to consider to be ready to sell your coin whenever you sense that it won't go any further after the launching of their platforms to avoid losing your capitals.
Look it's good to stay safer on your investments but have you ever thought that how would you become a Millionaire while staying into the safe limits. It's not ever seen into the history that someone became a millionaire while staying into his safer zone your have to take certain risks.

Now risk doesn't mean that you have to invest without knowing on what you're investing in and what will be its price. Calculated risks are always preferred.

You made a valid point about balancing safety of funds and risk involved in investing which reflects your prudent approach. This is also crucial to note that cryptocurrencies market are relatively more volatile and risky, and that is the reason it can be highly rewarding. Becoming a millionaire is possible by investing in crypto market specially in Bitcoin which I believe is less risky but need to hold for long term to make this dream a reality.
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May 27, 2024, 02:33:13 PM
 #24

I don't think many people know about this airdrop because it looks new to me. And we can't judge a new project to know if it will be good or not. Most of the project that came out to be good were once criticized badly and finally they made it through to the good side of the crypto community. And the ones people think it would good for them later turn out to be good projects in the community though in any good community there are bad people also. So there is no way the bad ones can be eliminated from the ecosystem.
They also co-exist with the good ones and it is our duty to know the good ones from the bad once. And for now we will not know if the LayerZero is a good project or not but as foe me i don't trust the project yet.

Truly we can't dig in to verify what airdrop project is real but because it's a free project that doesn't require investment of funds, and for that reason, participants are being obligated indulge into the project hoping it'd pay tangibly.
While most airdrops has been a scam, it's advisable that whoever that's venturing into any of the projects should bear in mind that one may participate to execute those required tasks and still ends up not earning rewards.
To me, I've always have any of the airdrops projects on suspect of being a scam if they're being too hyped with those promises that participants would earn hugely.
You can imagine an airdrop speculating that participants on their projects would earn 1 bitcoin per participants, I guess it's clearly obviously that that can't be possible.

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May 27, 2024, 02:51:51 PM
 #25

LayerZero seems to be a good idea, how well the implementation would be is still to be seen. They do have a vision for ZRO token but no official layerzero representative have ever talked about the token issue or an airdrop.
There might have been confusion of airdrop of HLO token from Holograph. Holograph seems to be a project that uses Layerzero. Layerzero too have confirmed the project as a part of its ecosystem but the two are as different as Ethereum and Shiba Inu.
I'm not much bullish on NFT projects but Layerzero do have potential. I'd rather wait and see how thing goes before buying any new project coins.
Sayeds56
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May 27, 2024, 08:06:52 PM
 #26

LayerZero seems to be a good idea, how well the implementation would be is still to be seen. They do have a vision for ZRO token but no official layerzero representative have ever talked about the token issue or an airdrop.
There might have been confusion of airdrop of HLO token from Holograph. Holograph seems to be a project that uses Layerzero. Layerzero too have confirmed the project as a part of its ecosystem but the two are as different as Ethereum and Shiba Inu.
I'm not much bullish on NFT projects but Layerzero do have potential. I'd rather wait and see how thing goes before buying any new project coins.

Indeed, LayerZero is a good idea because it tackles challenges of block chain such as interoperability, scalability, enhances security by reducing central points of failure, and allows creation of new innovative applications. However, as you pointed out correctly that results will entirely depend on how well these ideas are implemented.

I have also invested time and money on airdrop farming of LayerZero projects such as stargate finance, and eager to see how my expectations are met in future.
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May 28, 2024, 01:34:11 AM
 #27


If you check other projects, it's still underfarmed! There are many better options than Layer Zero on the market, and this drop can be a good chance for them to stay on the market or be voided!

Certainly, there are many other projects available in the market for airdrop farming such as LINEA, ZKSYC, Layer3 and many others, those have performed comparatively better. I personally have participated in all of them including LayerZero to maximize my profit from airdrop farming as I find it to be a very lucrative sector in crypto landscape. Hoping all these projects will reward their participants with generous amount of their native tokens. DYOR
the amount probably gonna be generous, as far as it goes, the sybils self report campaign has been doing so well it literally caused hundred thousands of people self reporting which means more allocation for the genuine people.

https://x.com/PrimordialAA/status/1790033102837797069
here he stated that there are so many people self reported, although these sybils still got allocation regardless but its miniscule compared to what these sybils are gonna be earning without these campaign which usually they also use bots that interact with the contract or protocol to make transaction, you know average people can't beat those.

moreover the witch hunting campaign has also started where the people that could find the potential sybils with proof of course gonna get the allocation of the drop that supposedly belong to those bot users.
so I guess the allocation won't be wasted on people using bots but instead to the real user of the protocol though i heard the total of allocation distributed for airdrop probably 5% i don't know whether its fact or just fake news.
but overall I guess the allocation gonna get boosted massively beause of this.
probably even more than you can get from wormhole airdrop for comparison.

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May 28, 2024, 01:35:50 AM
 #28

LayerZero seems to be a good idea, how well the implementation would be is still to be seen. They do have a vision for ZRO token but no official layerzero representative have ever talked about the token issue or an airdrop.
In my opinion, a god project has to have a representative that can actively address the issues and concerns of the community. This will encourage confidence and reliability. To me this increases the validity and legitimacy of a project.

We don't want a project that disappears from time to time

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May 29, 2024, 03:52:23 PM
 #29

We don't want a project that disappears from time to time
Even though we don't want it, we can't do anything much as long as the decentralization in crypto is still there and regulations aren't on their full scale yet, as there will always be greedy people who creates them because they knew that there were also greedy investors who can skip the important parts when investing.

In my opinion, a god project has to have a representative that can actively address the issues and concerns of the community. This will encourage confidence and reliability. To me this increases the validity and legitimacy of a project.
I am sure they will have that, because they are a good project anyway? They don't want to waste their potential only for some minor or major detail. Only a disclaimer!, that not all who does this are now considered to be a good project, so we must still not be confident and let us make it a habit to double-check things first if we aren't like that yet.

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June 19, 2024, 10:55:55 AM
 #30

LayerZero seems to be a good idea, how well the implementation would be is still to be seen. They do have a vision for ZRO token but no official layerzero representative have ever talked about the token issue or an airdrop.
There might have been confusion of airdrop of HLO token from Holograph. Holograph seems to be a project that uses Layerzero. Layerzero too have confirmed the project as a part of its ecosystem but the two are as different as Ethereum and Shiba Inu.
I'm not much bullish on NFT projects but Layerzero do have potential. I'd rather wait and see how thing goes before buying any new project coins.

Indeed, LayerZero is a good idea because it tackles challenges of block chain such as interoperability, scalability, enhances security by reducing central points of failure, and allows creation of new innovative applications. However, as you pointed out correctly that results will entirely depend on how well these ideas are implemented.

I have also invested time and money on airdrop farming of LayerZero projects such as stargate finance, and eager to see how my expectations are met in future.

Yeah layerzero supports diverse Blockchains, it's fully interoperable. Did you qualify for ZRO airdrop?? Seems they've announced requirements & provided claim links..https://x.com/bitgetglobal/status/1803360920552493430?t=roIb1lqCKjSRUJdJ-h8lvw&s=19
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