Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article

Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article

BlockBeats-Article2024/04/16 04:13
By:BlockBeats-Article
Original author: hitesh.eth
Original translation: TechFlow


LBP's fair launch is the IDO of this cycle, here are my thoughts on Fjord Foundry LBP.


Back in 2016-2018, during the biggest bull cycle in crypto, we had a fair launch;


VCs hadn't even entered the crypto market in a big way, they were on the sidelines, and we won because we had a fair launch and ICO.


However, in this environment of fair launch, scammers outperformed investors.


As retail investors, we ended up investing in the wrong tokens, didn't take profits when they went public and rose 10 times, we decided to hold for the long term, and then we lost money.


I personally lost 7 figures in ICO tokens which were once the hottest thing in crypto.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 0


IDOs are another wave of fair launches in crypto, barriers to entry are lower, VCs are involved and the game is rigged.


IDOs are essentially ICOs that were rigged by design and failed within 2 years.


We are in a new bull cycle and we need better designs, at least better than Dutch auctions where whales buy up all the tokens in supply in seconds.


We need fair launches, better, well-planned launches, and launches we should bet on with more data and information.


Fair launches are the need of the hour and are getting bigger every day.


It will only be a few months until everyone starts participating in fair launches. Start researching the fair launch happening on Fjord Foundry now.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 1


Fjord Foundry was once known as Cooper Launch, Merit Circle raised $105 million at the peak of the last bull cycle in Copper Launch.


It was a Dutch auction mechanism at the time, whales and bots grabbed most of the tokens, and they also faced some criticism from the community.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 2


Cooper changed its name to Fjord Foundry and moved from Dutch auction to Liquidity Bootstrapping Pools (LBP).


In contrast to Dutch auctions, in LBPs, prices go high first and then low to find a fair valuation based on the demand of participants.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 3


LBPs usually run for a few days, and some projects will also reach their hard cap faster than others, it all depends on the project's planning, hype and narrative.


We live in a narrative bubble. AI is the biggest one you’ve heard of, followed by Bitcoin L2 and Runes, which are both emerging narratives. You see a lot of Fair launches around these topics.


The harsh reality is that even scammers can launch LBP in less than two hours by using AI to create a fake website, setup documents and everything else, and they can easily pull off a multi-million dollar scam because people in the crypto space want to get on board first and research later.


That’s why you need Curators, and Fjord Foundry already has Curators, but they really need to find some geniuses to do Curators. Personally, I don’t find the current crop of Curators impressive, even though some of them have done great projects in the past. They could also use more technically focused Curators.


Editor’s note: Curators are responsible for reviewing projects on Fiord. They research projects, communicate with teams, present projects to their respective audiences, and select projects to curate based on their quality criteria.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 4


Based on the past ATH ROI of the 20 projects, here are the top 3 curators:


· Tempo : Its best investment return is Zero1 Labs , with an investment return rate of 8.37 times.

· Taiboku Capital : Its best investment return is Emerald , with an investment return rate of 13.55 times.

· Grills : The best ROI was EeFi Finance , which had a 5.7x ROI.


Also, they have another project called AxonDAO ; they raised less than $120k but surged to 500x their ATH price.


This is very lucky and doesn't usually happen for 99% of crypto investors. So don't get too excited about the ROI.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 5


Fjord has had some great launches lately, like Autonolas, which sold for 100x its launch price.


Technically, Autonolas , AxonDAO are the only two projects among LBPs that have achieved more than 100x growth in the past 12 months, the third highest being 5.96x from Ordiswap.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 6


There have also been some issues on Fjord, like Voddo Trade, so you need to be very careful with these projects.


Study the curators before researching the project. Curators are the trust support for investors. Therefore, we need better curators for Fjord, because I clearly see the mediocre project ROI.


For retail investors, it is not appropriate to invest casually on Fjord. However, if you can leverage your principal in good trades, then you can easily make 100% profit on these trades, and if leveraged well, you may even make 40 times profit.


Fjord Foundry platform coin is about to be launched on LBP. Learn about the Ethereum leader LBP launch platform in one article image 7


In addition, the price is also very important, especially when you decide to invest.


Here is a tip for you: wait at least 8 hours before participating in LBP, and be sure to withdraw 50% of the profit when it is listed. Always check the token vesting and all the data about the project.


Also, keep an eye on the 1intro launch on Solana. It will likely spark a ton of fair launches, but again, be careful, 90% of these projects are technically rigged.


You need to pivot and act fast until you find a clear winner after spending countless hours researching.


Thanks to Good Data Bad Guy for making this dashboard to track LBP on Fjord Foundry .


Original link


欢迎加入律动 BlockBeats 官方社群:

Telegram 订阅群: https://t.me/theblockbeats

Telegram 交流群: https://t.me/BlockBeats_App

Twitter 官方账号: https://twitter.com/BlockBeatsAsia

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin could hit $100K ‘within weeks:’ Galaxy

Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays

Blockworks2024/11/16 00:22

There’s a $450 billion behemoth forging BTC’s path to $100k

The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold

Blockworks2024/11/16 00:22