The series of “super cool” content articles continues in the “Shill me your coin” creating contest organized by the neighborhood Coinlive Chats organization, join us now for a further avalanche ecosystem undertaking. The following report is by the writer @duycuongxx with the title “Avalaunch (XAVA) – The starting point of the most explosive projects on the avalanche ecosystem”. Buckle up and let us commence searching for options all-around this undertaking !!!
* Note: The report displays the private views of the writer, not the views of Coinlive.
IDO – the way to make large earnings with modest investments
Most of us participate in the cryptocurrency market place due to the irresistible pull that comes with the large earnings it brings. X10, x100 bets are a regular occurrence in this crazy market place. Which is unquestionably really unlikely in other conventional money markets. Surely we all want to practical experience the feeling of sublimation as soon as when the tasks we invest in are “on the moon”. But to get this kind of major wins, you want to purchase tokens at the lowest probable selling price.
The seed sale or private sale is the 1st round of token income of a undertaking. But certainly modest traders like us have a really hard time obtaining. So, if you want to purchase a token at the lowest selling price, to be capable to x10 or x100 in the potential, the only way is to join IDO.
IDO has been the goldmine of the cryptocurrency market place with a lot of x100 tasks this kind of as My Neighbor Alice, Ethernity Chain, SupperFarm … And in the subsequent standard market place uptrend, it will not be surprising if this is repeated. . Our task is to seize the possibility, locate a reliable IDO platform to join.
Why Xava and not a further IDO platform?
The dilemma of ecosystem basis and funds movement
In my viewpoint, Avalanche is at the moment one particular of the prime five biggest and most finish ecosystems in the cryptocurrency market place since all the main chunks like AMM, DEX, lending and lending … have worked appropriately and have an amazing sum of TVL. This is a strong basis for the subsequent pieces to be developed.
Recently, the ecosystem has been supplemented by Binance with C-chain deposits and withdrawals and the DeFi Avalance Rush promotion system with a spending budget of up to $ 180 million. New and excellent styles in the procedure will unquestionably advantage. Accelerate the advancement method for item launch.
When the fundamentals of the ecosystem are strong and new tasks have made, a token launch is virtually a have to to appeal to funds movement and promoting. To do this, the undertaking have to develop a boom from the really 1st round of public sale, which is IDO. So the place will the IDO platform of option be to send gold to the Avalanche ecosystem. It will surely be the Avalabs-powered treasure, Avalaunch (Xava).
Profitability dilemma
Xava at the moment has a market place capitalization of all-around $ 50 million, but the absolutely diluted valuation is rather large at all-around $ 400 million. So I assume creating a revenue from owning Xava tokens is not some thing to aim for.
What we want to do is to stage Xava to the Avalaunch platform to participate in the acquire of IDOs on it. If you bet Xava, you will surely purchase IDO and x10 or extra with IDO is probable. Currently, only two tasks have been open for sale on Avalaunch:
- Yay Games (YAY) was x8.five at ATH.
- Kalao Token (KLO) has x22 in ATH.
Compare Avalaunch and some IDO platforms on other ecosystems to see the possible of the undertaking.
The way I see it, the revenue when obtaining IDO on Avalaunch is on common all-around x15. Quite an amazing quantity. With ecosystem advancement and possible tasks on the way. I assume in the close to potential there will be a whole lot extra IDO tasks on Avalaunch with horrible earnings to draw consideration to the neighborhood. When IDO tasks are profitable, the demand to purchase Xava to join IDO will improve, resulting in the selling price of Xava to rise. At that time, we will be successful in the two holding tokens and participating in IDO.
This is a superior system for individuals of you who have a modest starting up capital and want to improve it as promptly as probable.
Tips, hazards and notes when participating in IDO on Avalaunch.
Tips for joining IDO
When identifying the sum to be applied to participate in IDO on Avalaunch, divide that capital into two elements:
- thirty% of you purchase Avax since at Avalaunch they at the moment only accept payments in Avax. In addition to accomplishing fuel taxes on the Avalanche platform.
- The remaining 70% is purchased Xava and then bet on the Avalaunch platform to be capable to acquire commissions on the platform this kind of as stake commission (APY ~ four%), deposit commission (two%), allocation commission (two%). I have observed that these commissions create a honest sum of Xava.
Especially individuals who bet Xava will surely purchase IDO. This is some thing you want to shell out exclusive consideration to and participate in. When obtaining IDO, sellers can get it to market place to promote quickly or use market place evaluation, the basic evaluation of the undertaking to preserve and make far better earnings.
When there is a revenue, rotate your capital by continuing to acquire Avax and join IDO. When you attain the sought after quantity, gather all the things and depart the market place.
The Risks of Joining IDO
In addition to the large earnings earned by IDO, the hazards are what you want to shell out exclusive consideration to.
- Risks deriving from picking out the incorrect undertaking to participate in.
- Market chance not supporting the uptrend triggers Avax and Xava charges to drop.
- Risks from mistakes in the clever contract of the undertaking …
Note
All of the over sharing is primarily based on my private practical experience only. This need to not be deemed investment information. Everyone need to participate with their very own fair capital. Because cryptocurrencies are a market place total of hazards and fluctuations.
Please actively seek out undertaking facts just before creating an investment selection. Hope you will get the revenue as you want.
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