1/9 Time for a thread about #IOTA, the up coming smart contract platform #ISCP and why I'm excited for the ecosystem #DEFI#ETH#FTM#AVAX#BNB#SOL...
2/9 What do all major smart contract platforms and their native token have in common leading up to and immediately after the launch of their smart contract system?
3/9 Price appreciation, all major L1/L2 solutions have had significant run ups in price prior to and after launching successful smart contracts, well over and above market trends. See Solana's recent SC launch price appreciation below....
4/9 But why does the price appreciate? Well the native token provides a lot of utility within the ecosystem, either to pay fees, collateral, staking, liquidity pairings and ICO/IDO funding (amongst others)...
5/9 And what about the dapps which run in the new ecosystem, well here you will find the next gold rush opportunities. Price appreciation for most popular dapps with use cases which secure TVL and users are going to be explosive...
6/9 It's about locating the next #uni, #Aave, #CRV#YFI before they become mainstream and extracting the most value by interacting and making the most of reward tokens from fair launches. See below YFI returns post launch for an extreme example. I wish I invested at $30....
7/9 This of course doesn't come without risks being impermanent loss, smart contract, rugs and bad actor who unfortunately exist in open decentralised ecosystems to name but a few...
8/9 I will be using Twitter and YouTube to try and educate the community on the risks and opportunities which will arise. I will also be discussing dapps I will be investing and participating in.
If this interests you, please like and follow my account.
9/9 Please reach out to me if you're building on ISCP I'd love to learn more about your project. I'm also interested in collaborating with any other IOTA DEFI enthusiasts.
This account is for educational purposes and does not constitute financial advice.
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