Dive into a solid crypto project with 300x or more potentials

Project name: Spaceswap

Category: Defi Platform

Disclaimer: I hold MILK2 and SHAKE, and I’m super bullish on them, but those opinions are not financial advices and always DYOR before making investment decisions

Introduction

Spaceswap is a defi platform with a great ecosystem, and wait, you may think that defi is not a new topic and why Spaceswap is attractive.

Yeah defi is not a new topic, but it is still early. Actually, the whole crypto industry is still early cause real applications & utilities of crypto just starting emerge, and defi (Defi+) will definitely be the top one, always.

For me, I’m not really care about the project is hot or not at the moment, cause TBH I’m not a good trader (short time investor), so I’m mainly (or only maybe) invested in two types of crypto projects:

1. Renowned projects: 

Those projects are well known, and have relatively low risk in crypto worlds, such as BTC, ETH and BNB, etc.

2. Growth projects with strong fundamentals:

This kind of projects have higher risks, but also much higher potential returns. If you lucky invested a successful projects in early stage, it’s very possible to achieve X100 or even more returns.

The key of identify those projects in early stage is to look at the fundamentals, and then buy & hold.

What are the fundamentals of a crypto project? IMO you must learn the following factors before you invest: sector, team, technology, ecosystem, roadmap, and partners.

Let’s see why I’m so excited about Spaceswap.

Team

It is important and essential to have a strong team behind the project. After all, investing in early stage crypto projects is like angel investing/venture investing, and it’s kind of like investing in people. A strong team could build things much better and faster than a weak and unexperienced team. 

Spaceswap has a brilliant team with rich experience in entrepreneur and Defi area. They have experience in both bull market and bear market, and know how to build and when to deliver products.

You could check the info of team on the website of Spaceswap.

Technology

Although I’m not the tech expert but I love to invest in projects with cutting edge technologies. 

Spaceswap team are really good at technology research & development, and they already have a game-changing technology called “shadow staking”, which not only save users gas fees but also increase the security of staking & farming.

Moreover, I believe this technology could apply to GameFi & Metaverse area and make a huge impact in the future.

Ecosystem & Partners

The ecosystem and partners is another important factor. A project is hard to achieve big success without strong support from community, ecosystem, and partners.

The ecosystem of Spaceswap is amazing, it contains Defi platform, NFT market place (NFTSTARS), and Gamefi & Metaverse (Sidus Heroes) projects (backed by renowned ventures) that supports each other, not only in terms of community sharing, but also tech & resources mutual supporting.

Products & Service

This is the most important part of a project, cause that’s where revenue generated.

Let’s see what products & service Spaceswap got:

1. Farming Pool

2. SaaS

3. Launchpad

4. PAE Games & Metaverse (in progress)

5. Lending Protocol (TBA)

6. More to come…

As we can see, they have lots of products that could generate continuous revenue and this is the kind of projects I love. 

I may give detailed analysis of those projects in the future.

Long term price analysis

In short, even in my most conservative assumption, the long term price of MILK2 will be above $10.

The valuation of a project depends on its products & service, and launchpad, Metaverse, and lending platform all have the potential to achieve billion dollars valuation, especially in a crypto bull market, so as Spaceswap keep improve its product & service, the valuation of the whole platform is very possible to pass $1B. Moreover, even if we give a 90% discount on our analysis, which means the valuation of the whole platform will only be $100M in the future, which is actually consider a small project in the bull market, the price of MILK2 could still be over $10 in the long run, why?

The max supply of MILK2 is 65.2M and keep decreasing, and the total supply of MILK2 will be around 20M after all SHAKE been mint. Thus, combined with other burning feature, I would say the total supply of MILK2 will be less than 10M in the long term, so it’s pretty safe that the MILK2 will be over $10 in the long term IMO (requires around $200M market cap, or even less).

That is more than 300X from now…

TBH I’m very jealous to those investors who could buy MILK2 at current price…

Finally, always make sure you invest in a project after DYOR.