Thread by @0xtypejohnny

$AZERO may be one of the most talked about altcoins at the moment.

• DAG Hybrid blockchain
• Privacy Smart Contracts
• 3RD FEATURE

Let's find out what all the hype is about!

Strap in 🕵️‍♂️ Alpha Connoisseur

1/23 🧵

$AZERO Token Overview:

・Price: $1.20
・ICO price: $0.1 USD
・MC: +$200m
・ATH: $3.06
・Circulating Supply: 76m $AZERO
・Holders: 32k

~800 Smart contracts up on mainnet and the first IDO launchpad and #NFT projects are starting to appear.

2/23 🧵

3/ What I'll cover in this thread:

✖️ What is $AZERO
✖️ DAG Hybrid blockchain
✖️ Privacy Smart Contracts
✖️ Team
✖️ ICO & Tokenomics Distribution
✖️ Community and Marketing
✖️ Partnerships
✖️ Future Roadmap
✖️ Use Cases
✖️ Unlocks

Let's take a look🕵️‍♂️

3/23 🧵

What is Aleph Zero ❓

$AZERO is a #POS L1 blockchain, sovereign blockchain alternative to Bitcoin's, making use of #DAG and blockchain technologies.

#DAG (Directed Acyclic Graphs) is a data structure where multiple transactions can be approved at the same time.

4/23 🧵

DAG is seen as a blockchain's competitor for data structure's market.

The advantages of this model are speed 🚀 high number of transactions (up to 100'000 per second), and low fees (0.0003 $AZERO on average).

$IOTA and $FTM are other blockchains using #DAG.

5/23 🧵

DAG offers near-instant finality, no congestions.

And have I mentioned NO mining yet? ⛏️

As a #POS chain, anyone with a sufficient amount of $AZERO can become a validator.

More users validating = a more decentralized chain ✅

6/23 🧵

A great feature of $AZERO is being a public #POS blockchain with private smart contracts. 📃

Thanks to Zk-SNARK cryptography and Secure Multi-Party Computation (sMPC) their native L2 solution, #Liminal is born:

A multichain privacy layer, deployable outside of $AZERO

7/23 🧵

This works well with partnerships. @SupraOracles and @immunefi are just some.

A portable L2 like #Liminal allows for partnership with more prominent L1s.

🧱 Building on Substrate and coding in Rust also creates a chance to connect with #Solana and #Polkadot.

8/23 🧵

Building on Substrate create an underlying sets of resources to build a customized blockchain able to interoperate with $DOT and $KSM ecosystem.

@Aleph__Zero does this without being a parachain of Polkadot and retaining their own sovereignity on design and decisions.

9/23 🧵

The Team 🔧

The project is led by mathematicians PhDs and talented marketers, starting from the founders @GagolAdam, @AntoniZolciak, @matthewniemerg and Michal Swietek.

The team expanded to more than 40 members from all over the world in their respective positions.

10/23 🧵

One of the point left wondering is if they have a good enough business sense to achieve a greater adoption for their product.

So far they've handled well the start from the beginning $0.10 ICO price to an ATH of $3.06 and today's $1.30, with more than 30k holders.

11/23 🧵

$AZERO's ICO ended the 10/08/2021, uncapped supply, supposedly inflationary until 2028 and was divided in different stages, illustrated in the picture.

10% given to the team, 23.33% to the Foundation for investments purposes and 2/3 to investors.

12/23 🧵

With around 245m in market cap, a project with this kind of technology has the potential for a great upside in price 🚀

It's important to keep track of the current low liquidity, around $100k

This also means a higher volatility in both directions 🔴

13/23 🧵

Community and Marketing 🧑‍🤝‍🧑

The project still lives in its niche on social media.

32k holders seem like peanuts compared to $ETH millions of holders, and Discord and Telegram groups are relatively small with 9k and 18k members respectively.

14/23 🧵

Nevertheless the community seems tight and focused on the building, understanding the hows of staking and validating, asking questions and commenting on tweets.

$AZERO requires a good amount of users to assure decentralization, but the project's still in its infancy.

15/23 🧵

One notable point to mention is the attention the team gave to partnerships

Those mentioned before are among many that @Aleph__Zero has started and the picture shows the early investors.

Others are @NovaWalletApp, @DiamondAtlasC, @WW_Ventures, @InfobipShift and more.

16/23 🧵

Future Roadmap 🗺️

🎯The most immediate goals on the roadmap focus on security and decentralization, with the indirect achievement of a greater adoption of the blockchain.

This mainly translates to the rotating of validators through a changeable committee.

17/23 🧵

Next on the list are:

⭐Tighter partnerships with Polkadot ecosystem
⭐Transfers of native tokens to allow a DeFi on-chain
⭐Upgrades on the smart contracts
⭐Election system for validators running the blockchain.

18/23 🧵

According to the team, Aleph Zero blockchain will be usable for:

→ Supply chain management
→ Virtual game assets
→ Decentralized DNS
→ Asset digitization
→ Notary signatory
→ Automatic tax payments
→ Shared revenue agreement
→ Databases

19/23 🧵

These are only the first ideas put forth. We've already seen #Web3 users expand the possibilities to ideas not even thought of like the #MoveToEarn trends.

As long as the tech can upgrade and there's a thriving community the possibilities are endless. 🌐

20/23 🧵

Conclusions 🖊️

@Aleph__Zero has a state-of-the-art technology and a tight community.

After a retrace of about 60% from the ATH and with a relatively small Market Cap, $AZERO seems a good semi-hidden gem to invest on in these times of #BearMarket.

21/23 🧵

If you want a bet on privacy in #Web3 without giving up on public access, or on the uprising of #DAG technology, this is a good place to start.

The remaining unlocks of the ICO (up 33x💸) end in early 2023, and that might be a good time to decide on the price action.

22/23 🧵

Accounts you should give a follow to keep up with $AZERO updates:

🫂 Project & CEO
@Aleph__Zero + @matthewniemerg

👨‍💻 Creators
@CaptAlephZero
@CryptoGirlNova
@aleph_overseer
@cyrilXBT
@Futzje
@sahicoin
@CryptoZoroo
@AZeroHub
@Alephflash

Did I miss anyone? 👀 ↓

23/23 🧵

Hope you found this thread useful! Do you personally hold any $AZERO? 👀

Follow me
@0xtypejohnny for weekly defi 🧵's.

Like/RT the 1st tweet below to share the alpha <3

24/23 lol 🧵

https://twitter.com/0xtypejohnny/status/1562844584324894721?s=20&t=FGHMSOIGdrbPuRbd2ovniA

Giveaway🚨🧵

After the feedback on my last thread, it's time to give back <3

Me and @yami_promotes are giving away 50$ worth of $USDT or $AZERO, ur choice!

Steps?
🕐 Retweet the thread
🕑 Follow @0xtypejohnny + @yami_promotes
🕒 Comment your 💎 below

Good luck!