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Author Topic: Do you think projects on LayerZero will benefit once they launch?  (Read 155 times)
R1dwanRz (OP)
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May 22, 2024, 05:48:32 PM
 #1

Most of you know LayerZero's airdrop is coming, and their token, ZRO will be launching soon in Q2 2024. But it's not just about the token itself, the entire ecosystem seems poised for growth. I'm wondering what LayerZero ecosytem projects are you guys watching?

So, I don't know if you guys have seen this one on LayerZero, but I've been particularly drawn to Hologram, an omnichain tokenization protocol powered by LayerZero. Asset issuers can use it to mint omnichain tokens, opening up exciting possibilities for cross-chain compatibility. Apparantly they've secured a total of $11M in a strategic round led by Andrew Kang’s Mechanism Capital and Jordi Alexander’s Selini Capital. As they are planning to use the funds to further develop its push to advance omnichain gaming.
They will also be launching tomorrow with its token $HLG on major exchanges like Bitget, GateIO, Kucoin and the fact the airdrop eligibility will be open for participants who have performed specific on-chain actions on the Holograph App and earned at least 250 XP. I am sure one of you here at least made some contribution to this project.

Anyway, I'm sure LayerZero won't disappoint us considering it's not overhyped cos I don't see them daily on Twitter timeline, maybe you can guys tell me what you think of layerzero ecosystem projects. Are you also looking into it?
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May 22, 2024, 09:08:23 PM
 #2

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.

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May 22, 2024, 10:58:10 PM
 #3

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.

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May 23, 2024, 02:44:07 AM
 #4

They haven't confirmed that there will be an airdrop. They only announced  that they have taken a snapshot on May 1st. Those who have used their platform before that date might be eligible. If they were planning for an airdrop then they should have confirmed it by now. I haven't used the platform but I am sure the project is good and it's token value will increase as long as their user base increases.

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May 23, 2024, 03:28:44 AM
 #5

I think, is too early to know if the project will going to increase higher in the future or it will not going to increase higher in the future, because all those new projects can disappoint investors sometimes, and if you are not careful you can lose all your capital in a particular project in the market. But there is no way you can stop Investors not to invest in the new project, because some investors don't use to carry out their research to know if  the new project will going to bring good results or not before investing their capital, because the project that will going to display well in the market will definitely have some strong teams behind the project. Any new projects has some character they use to showcase in the market, which investors will use that character to determine the project future when it's launches in the market, because there are some things you cannot discover about the new project that is not yet launch.

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May 23, 2024, 10:54:58 AM
 #6

They haven't confirmed that there will be an airdrop. They only announced  that they have taken a snapshot on May 1st. Those who have used their platform before that date might be eligible. If they were planning for an airdrop then they should have confirmed it by now. I haven't used the platform but I am sure the project is good and it's token value will increase as long as their user base increases.

https://x.com/holographxyz/status/1793583993771966888?t=EjilMpcSWQfDHwWe4rbrXw&s=19 I think this Indicates there's an airdrop going for hlg. With tge being a few hrs from now. I saw other airdrops offers from bitget, bybit, gate also. It's on holograph twitter pages. You could check them out.
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May 23, 2024, 11:13:20 AM
 #7

They haven't confirmed that there will be an airdrop. They only announced  that they have taken a snapshot on May 1st. Those who have used their platform before that date might be eligible. If they were planning for an airdrop then they should have confirmed it by now. I haven't used the platform but I am sure the project is good and it's token value will increase as long as their user base increases.

It is difficult to say with certainty that LayerZero team will conduct an airdrop, however taking snapshot is a significant event that suggests that team is considering to distribute tokens to those user who engaged with the platform before the date of snapshot and I have experienced that with many airdrops, including prominent projects like Arbitrum and Optimism.









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May 23, 2024, 04:45:10 PM
 #8

They haven't confirmed that there will be an airdrop. They only announced  that they have taken a snapshot on May 1st. Those who have used their platform before that date might be eligible. If they were planning for an airdrop then they should have confirmed it by now. I haven't used the platform but I am sure the project is good and it's token value will increase as long as their user base increases.

https://x.com/holographxyz/status/1793583993771966888?t=EjilMpcSWQfDHwWe4rbrXw&s=19 I think this Indicates there's an airdrop going for hlg. With tge being a few hrs from now. I saw other airdrops offers from bitget, bybit, gate also. It's on holograph twitter pages. You could check them out.

HLG recently conducted an airdrop, and I received about 5 HLG tokens just for using layer zero. Also, I saw an announcement on Bitget mentioning they're hosting an event for the project. I think it's to celebrate its listing.

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May 23, 2024, 06:23:30 PM
Last edit: May 23, 2024, 06:57:58 PM by Sayeds56
 #9


HLG recently conducted an airdrop, and I received about 5 HLG tokens just for using layer zero. Also, I saw an announcement on Bitget mentioning they're hosting an event for the project. I think it's to celebrate its listing.


I am also recipient of HLG airdrop, having received 2300 tokens because I have been active on their platform for long long time, and traded many NFTs. This coin was today listed on Bybit exchange but unfortunately the opening price was only less than 2 cents, much lower than my expectation. I will not sell them on such a low price and wait for a bullish market to make good gains from this airdrop.

https://www.coingecko.com/en/coins/holograph#:~:text=The%20price%20of%20Holograph%20(HLG)%20is%20%240.01606%20today%20with%20a,a%20market%20cap%20of%20%2424%2C380%2C154.









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May 23, 2024, 07:55:36 PM
 #10

I doubt most of the projects on LayerZero will benefit from the launch, the hype around Omnichain is down, most of these projects fail to capitalize on their hype and stayed too long before releasing their tokens, we have seen with all these new launches, people will take their airdrops and dump and move to farm new protocol, there is no way the market will sustain all these new launches nature needs to cull most of them.

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May 23, 2024, 09:29:41 PM
 #11

With the hype on airdrop I can't assure anybody yet on any in the crypto ecosystem.I haven't heard of LayerZero,new airdrops are just pumping in the crypto ecosystem and it be hard to predict the right one,even the ones that looks so real to be called scam are most likely the scam projects.Lot of persons have earned cool cashout from airdrop and there are new tokens that are yet to be launched so Op you just have to choose wisely.

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May 24, 2024, 04:38:25 AM
 #12

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.

Well i can say team's doing good job at least with their efforts to combat sybil attacks by introducing a sybil reporting system. You can see they're committed to a fair airdrop distribution. That's why I think this airdrop will be worth a lot because of this. They have done some cool stuff with blockchain already, so I am excited to see what they do next.

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May 24, 2024, 05:51:30 AM
 #13

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.

Well LayerZero itself already have generated a healthy level of hype, neither too overblown nor underwhelming. You can see them doing a good job of balancing expectations and delivering a solid product as well as the airdrop.

So we won't know for sure how projects on LayerZero will perform until it fully launches, but I'm already optimistic about the future. Since it's very likely that they will "cook" even harder as the ecosystem continues to develop.
And actually, HLG has already launched and I just saw it is listed on Bitget, it's currently holding steady at $0.022. Maybe we can see how it goes before LayerZero launches?

They haven't confirmed that there will be an airdrop. They only announced  that they have taken a snapshot on May 1st. Those who have used their platform before that date might be eligible. If they were planning for an airdrop then they should have confirmed it by now. I haven't used the platform but I am sure the project is good and it's token value will increase as long as their user base increases.

Yeah I know they haven't officially confirmed an airdrop yet, but the snapshot on May 1st is a strong indicator that one is likely coming.

the team has hinted at a token launch in the first half of 2024 and they've publicly mentioned that their protocol was built with the capability to have a native token. And the fact that they've taken a snapshot suggests they're actively preparing for a token distribution event likely in June since they mentioned TGE is in Q2 2024.

LayerZero is a promising project with a lot of potential. Once they launch a token and continue to expand their user base, I believe their token will become increasingly valuable.
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May 24, 2024, 05:55:00 AM
 #14

Most of you know LayerZero's airdrop is coming, and their token, ZRO will be launching soon in Q2 2024. But it's not just about the token itself, the entire ecosystem seems poised for growth. I'm wondering what LayerZero ecosytem projects are you guys watching?

So, I don't know if you guys have seen this one on LayerZero, but I've been particularly drawn to Hologram, an omnichain tokenization protocol powered by LayerZero. Asset issuers can use it to mint omnichain tokens, opening up exciting possibilities for cross-chain compatibility. Apparantly they've secured a total of $11M in a strategic round led by Andrew Kang’s Mechanism Capital and Jordi Alexander’s Selini Capital. As they are planning to use the funds to further develop its push to advance omnichain gaming.
They will also be launching tomorrow with its token $HLG on major exchanges like Bitget, GateIO, Kucoin and the fact the airdrop eligibility will be open for participants who have performed specific on-chain actions on the Holograph App and earned at least 250 XP. I am sure one of you here at least made some contribution to this project.

Anyway, I'm sure LayerZero won't disappoint us considering it's not overhyped cos I don't see them daily on Twitter timeline, maybe you can guys tell me what you think of layerzero ecosystem projects. Are you also looking into it?
We cannot say much about the project right now because they have announced the benefits for users that will use their platform but they have not make it clear that what kind of benefit they will give.

Like most of the projects offer airdrop to the users that uses their platforms before their launch. They have to make it clear and once they do then we could predict the future of this project based on types of benefit it'll give.

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May 24, 2024, 05:58:48 AM
 #15

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.
It is not as popular as op might think. This is also the first time I am hearing about it.

Since it’s still on the airdrop phase, I don’t think there’s anything wrong if you just participate in the airdrop regardless of whether it can actually reach great heights or not. If there’s airdrops available just take as much as you can.

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May 24, 2024, 06:42:00 AM
 #16

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.
The Layerzero launch will be a plus for the crypto space, so that investors can have more choices when they want to choose a platform, but like you've said, they have to kickstart and we will observe their performance for sometime before we can place them. As for the Holograph, token, it's relatively new and most people have not heard about it, and in cryptocurrency, nobody can be certain about a project that will perform very well in the crypto market, it can be the next big thing or end up a shitcoin, but investors can research it and invest the amount that they can afford to loose.

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May 24, 2024, 09:53:17 AM
 #17

honestly I on the side that thinks layerzero is overly farmed, the airdrop scene of layer zero was pretty chaotic and being qualified for the airdrop probably gonna be tough since there are so many rumoured requirements but if you're consistent in using the project for your own purpose I think you will be eligible,
but don't be overly optimistic though I know layer zero is already hyped by many but maybe the airdrop will be disappointing, current market doesn't let any airdrop to end well.
most of them are so underappreciated by the market and therefore undervalued.

i'm expecting the zro airdrop to be disappointing but not to that extent where we just spent money for fees then we get next to nothing as a reward.
instead its not gonna be a really big airdrop but enough.

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May 24, 2024, 10:06:07 AM
 #18

Most of you know LayerZero's airdrop is coming, and their token, ZRO will be launching soon in Q2 2024. But it's not just about the token itself, the entire ecosystem seems poised for growth. I'm wondering what LayerZero ecosytem projects are you guys watching?

So, I don't know if you guys have seen this one on LayerZero, but I've been particularly drawn to Hologram, an omnichain tokenization protocol powered by LayerZero. Asset issuers can use it to mint omnichain tokens, opening up exciting possibilities for cross-chain compatibility. Apparantly they've secured a total of $11M in a strategic round led by Andrew Kang’s Mechanism Capital and Jordi Alexander’s Selini Capital. As they are planning to use the funds to further develop its push to advance omnichain gaming.
They will also be launching tomorrow with its token $HLG on major exchanges like Bitget, GateIO, Kucoin and the fact the airdrop eligibility will be open for participants who have performed specific on-chain actions on the Holograph App and earned at least 250 XP. I am sure one of you here at least made some contribution to this project.

Anyway, I'm sure LayerZero won't disappoint us considering it's not overhyped cos I don't see them daily on Twitter timeline, maybe you can guys tell me what you think of layerzero ecosystem projects. Are you also looking into it?

LayerZero concept is indeed popular and gaining significant interest of the crypto community, particularly when they announced the launch of their ZRO token. I also participated in its airdrop campaign, and completed tasks in hopes of earning handsome reward. ZRO taken is already being traded in Pre-market at $3 which reflects styrong interest of investors in this project. Let's watch and wait how new developments unfold in coming days.









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May 24, 2024, 10:38:52 AM
 #19

honestly I on the side that thinks layerzero is overly farmed, the airdrop scene of layer zero was pretty chaotic and being qualified for the airdrop probably gonna be tough since there are so many rumoured requirements but if you're consistent in using the project for your own purpose I think you will be eligible,
but don't be overly optimistic though I know layer zero is already hyped by many but maybe the airdrop will be disappointing, current market doesn't let any airdrop to end well.
most of them are so underappreciated by the market and therefore undervalued.

i'm expecting the zro airdrop to be disappointing but not to that extent where we just spent money for fees then we get next to nothing as a reward.
instead its not gonna be a really big airdrop but enough.

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!

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May 24, 2024, 12:09:30 PM
 #20

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.
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