5/ I know the main question many have right now has to do with $TRU tokenomics, and I'm trying to get additional info -- and I will present them when/if I find them.
If you want me to provide a source for any other info in my thread, please let me know. I'd gladly do :)
6/ $ETH seems poised for a trillion dollar market cap.
Do you think $TRU, a solution to ETH's biggest problem, personally endorsed by Vitalik, is overvalued when it is not even a billion dollar market cap?
I don't think so.
7/ We're all still very early!
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TrueBit / $TRU -- The “Hidden” L2 Solution Backed by $ETH and Coinbase Heavyweights
In this thread, I share why Truebit / $TRU is an easy multi-billion dollar market cap project and a possible top 20 market cap contender.
TLDR:
- $TRU has been in development for 4 years now.
- $TRU has strong $ETH links and its development was extensively influenced and supported by members of the Ethereum team.
- Vitalik Buterin co-authored a whitepaper with $TRU founder Jason Teutsch.
TLDR (contd)
- Christian Reitwiessner, creator of the Solidity programming language (used by all major blockchains such as $ETH, #BSC, and soon $ADA) co-wrote the actual $TRU whitepaper with Jason Teutsch.
- TrueBit was developed based on the concepts in these whitepapers.
1/ For the sake of clarity, I was affected as well by this rug and did invested, in my own way, a significant amount.
At a point after my entry $MICRO went as much as 3x, so that was significant gains for me -- but I did not take profits.
2/ I have not sold, and will not sell, my $MICRO tokens because:
- I'll keep my tokens as a reminder to be more diligent
both in my investment decisions and in what I post for my followers.
- It's not worth much anymore anyway.
Why I Think $MICRO / MicroPad Will be BIG (a thread)...
1/ MicroPad is a launchpad for meme coins and micro cap projects.
This thread explains why I decided to invest in $MICRO and the potential I think it has.
2/ A few facts:
- MicroPad is an anonymous project so it's high risk, high reward.
- That said, they had a fair launch (raising 50 ETH on SAFU).
- 80% of raise was added to liquidity and locked for 5 months.
- I'm not a financial advisor.
With that out of the way, the thread:
3/ Launchpads have been hot for a while now and the market is clearly saturated with them.
However, it's hard to find launchpads for meme projects.
$MICRO aims to fill this gap by being the first launchpad for meme coins and micro caps on ETH.
I got in during their IDO and bought more tokens on the market after launch as I really love the concept and believe (still do!) their IDO platform provides one of the best UX for launchpads.
However, the first IDO was promised within a week of launch -- nothing has been launched almost 3 weeks now.
Poor communication from the team and unchecked attacks from "community members" targeted at anyone frustrated at the lack of progress isn't encouraging, too.
And it seems nothing will be launched anytime soon.
Other IDO platforms are launching 1 - 3 projects weekly; $LAUNCH is a late entrant and hasn't launched a single project in 3 weeks. It will be difficult for them to compete.