Will cryptocurrency investments make a steady profit in 2021 with high yields?
The answer is yes, first, stablecoin mining; second, IDO launches new ones.
The sought-after Coinlist
Coinlist has become a must-see for retail investors to realize their "dream of getting rich".
Whenever the Coinlist public offering ends, Lucky's circle of friends will appear in the "Versailles" scene , friends who got the public offering of Coinlist tokens have shown their screenshots to celebrate. Lucky, who registered early on Coinlist and completed the KYC certification, has repeatedly failed, and can only complain in the telegram community: "I feel depressed watching others get rich."
Why is Coinlist's public offering share so popular?
From the previous projects of Coinlist public offerings, it is found that its selection criteria for projects are relatively high, which indirectly brings participants an objective return on investment.
At the same time, because the agreement laboratory participated in the establishment, Coinlist has a relatively complete compliance gene, and users need to complete a strict KYC process to participate in the public offering.
In other words, Coinlist is more like an extension of the traditional financial world, which is equivalent to the role of the investment bank or securities firm in the traditional financial world, that is, the sponsor and underwriter. On the one hand, it is responsible for the due diligence, audit, and evaluation (sponsorship) of the proposed project. On the other hand, it is also responsible for completing the sale of new projects (underwriting).
Although the "new currency asset issuance" has brought huge profits to users, it is undeniable that Coinlist's compliance restrictions are a double-edged sword.
The strict KYC certification of traditional finance prevents a considerable number of people from enjoying its financial and financial derivatives services.
Therefore, the DeFi world has given investors an opportunity. The centralized Coinlist needs to have a decentralized mapping in the DeFi world. The rise of various IDO platforms will bring wealth effects.
"Although a certain confirmation time and GAS fee are required, the open and transparent form of IDO is a great experience for our retail investors, and Coinlist is always down when crowdfunding.", praised Kurtis, a blockchain industry practitioner who has participated in IDO many times. "After IDO, you can immediately trade in the secondary market with stable profits."
The rise of IDO platforms such as PolkaStarter, Bounce, WeStarter, etc., allows ordinary investors to participate in the new feast.
In March 2021, Polkastarter launched 14 projects and raised 1,741 ETH in total. According to official statistics, as of March 28, the total market value of 14 projects has exceeded 2 billion US dollars, bringing investors up to hundreds of times the return on investment.
The IDO platform's own tokens also capture value as the scale of asset issuance increases. The return on POLS investment exceeds 65 times, and the return on Bounce (now Auction) exceeds 90 times.
When the IDO platform value logic was verified, WeStarter, which has not yet officially issued tokens, became the next target of investment hunters.
Decentralized Coinlist
With the rise of BSC and Heco, whether it is assets, or DEX and IDO platforms, it is no longer limited to the Ethereum ecosystem, and multi-chain parallelism has become a trend.
WeStarter is the first asset issuance platform of the HECO chain. It has already issued 6 projects and is now the preferred platform for all kinds of new tokens to be sold on the HECO chain.
It is reported that the project will complete the deployment of the BSC chain in the near future, and then it will be deployed on the Ethereum chain and the Polkadot chain to become a cross-chain asset issuance platform.
In one sentence, WeStarter is a cross-chain decentralized Coinlist.
WeStarter's IDO form is basically divided into two types-public exchange pool and private exchange pool.
The private exchange pool provides a whitelist of participation to users who participate in community governance to complete platform tasks, and users can directly exchange corresponding tokens according to a fixed amount.
The public exchange pool is similar to the IEO (Initial Exchange Offering) of a centralized exchange, and the user's winning rate is equal to the share/total pledged funds.
What is the popularity and wealth effect of WeStarter?
According to statistics, there are currently 6 projects that have completed IDO on the WeStarter platform. Among them, AntiMatter (MATTER), the first project to log on to the WeStarter platform for IDO, completed the exchange of 12,500USDT equivalent HT after 1 minute and 30 seconds after opening the whitelist exchange. 33,000 addresses competed for 130 places, which was extremely hot.
At present, the accumulated financing amount of projects on WeStarter exceeds 268 million US dollars, and the average return rate of IEO projects is 3400%.
After the asset is successfully issued, WeStarter also supports the initial exchange of cross-chain assets. For example, it has supported the free exchange of MATTER in the BSC\Heco\ETH three-chain.
"Compared to PolkaStarter, WeStarter's development is still very early. When the scale of asset issuance explodes when BSC and Ethereum are deployed." Recently, I heard that WeStarter is about to launch the IDO issuance of native tokens, and decisively participate in it.
It is reported that, including WeStarter, WeStarter's native token WRA will participate in the sale on four platforms. The other three platforms are Helmet of the BSC chain, PentaLaunch of the Ethereum chain and MDEX of the HECO chain (LBP mode).
The issuance of WeStarter is divided into three pools: whitelist 1 pool (KOL), whitelist 2 pools, and open pools, each with a share of 120,000 WAR.
Value capture of IDO platform
In the DeFi ecosystem, the project token economic model is prone to fall into an awkward situation where only governance cannot capture financial value. The token price is only an emotional response and cannot actively increase value from the development of the project.
So, how does the IDO platform capture value?
In general, the value of IDO platform currency is mainly reflected in three categories: practical value, financial value and governance value.
Here you can use the platform currency of the exchange as an analogy. Binance uses the 7-day average holdings of BNB as the basis for calculation of shares. Gate.io determines the user level according to the number of GT positions held, and allocates shares according to the user level.
In the IDO platform, tokens are usually also used as entry coupons to participate in asset purchases. For example, DuckStarter determines the level according to the number of DUCK positions, and determines the quota according to the level.
WeStarter is no exception. The platform will calculate the purchase share of newly issued tokens based on the amount and time of pledged WAR token (age of the coin).
In addition, WAR also undertakes the governance function of important matters on the platform. After the DAO governance is launched, the person who initiates the asset pool needs to pledge a certain amount of WAR or a certain percentage of project tokens as a pledge deposit, which is within a limited time (normally set to 3 months) Do not move and use.
For investors, in addition to use value, the most concerned thing is how WAR continues to capture financial value.
When subscribing for assets, users need to provide liquidity for WAR, and put LP composed of WAR + settlement tokens (such as HT) into the asset pool.
When the asset issuance is completed, the project party obtains the settlement token (such as HT), and the corresponding WAR token is directly destroyed, which is WAR. As the scale of asset issuance expands, demand will increase, and the total amount will continue to deflate and decrease. .
This generation of currency deflation model is similar to the IFO model of PancakeSwap on BSC. In this model, CAKE-BNB LP is used to participate in the purchase, and CAKE is directly locked. The strong performance of CAKE seems to prove that this set of deflationary logic is effective.
For people, WeStarter can be both a bull market offense and a bear market defense.
