LBP is coming soon, deep analysis of Fjord Foundry's history and data
Original author: hitesh.eth
Original compilation: Deep Chao TechFlow
A fair launch for the LBP is the IDO of this cycle, here are my thoughts on the Fjord Foundry LBP.
We had our fair share of launches back in 2016-2018, during crypto’s biggest bull cycle;
VCs haven’t even entered the crypto market in a big way yet, they are on the sidelines, while we win because there are fair launches and ICOs.
However, in this fair-launch environment, scammers outperformed investors.
As retail investors, we ended up investing in the wrong token, instead of taking profits when it went up 10x on listing, we decided to hold on for the long term, and then we lost money.
I personally lost 7 figures on ICO tokens that were once the hottest thing in the cryptocurrency space.
IDO is another fair launch into the cryptocurrency space, the barriers to entry are getting smaller, VCs are getting involved, and the game is rigged.
The IDO was essentially a rigged ICO by design and failed within two years.
We are in a new bull cycle and we need a better design, at least better than a Dutch auction where whales buy up the entire supply of tokens in a matter of seconds.
We need fair launches, better, well-planned launches, and launches that we should be betting on with more data and information.
Fair launch is the need of the hour and the scale is getting bigger every day.
In just a few months, everyone will start participating in Fair Launch. You might as well start researching it nowFjord FoundryOngoing fair launch.
Fjord Foundry was once known as Cooper Launch, and Merit Circle raised $105 million at the peak of Copper Launchs last bull cycle.
It was a Dutch auction mechanism, with whales and bots grabbing most of the tokens, and they also faced some criticism from the community.
Cooper changed its name to Fjord Foundry and switched from a Dutch auction to a Liquidity Boot Pool (LBP).
Contrary to the Dutch auction, in LBP, the price is first high and then low to find a fair valuation based on the needs of the participants.
LBPs typically run for several days, and some projects will also hit the hard cap sooner than others, it all depends on the projects curation, hype, and narrative.
We live in a narrative bubble. Artificial Intelligence is the biggest one youve heard of, followed by Bitcoin L2 and Rune, which are both emerging narratives. Youll see a lot of Fair launches surrounding these themes.
The harsh reality is that even scammers can launch LBP in less than two hours by using artificial intelligence to create a fake website, set up documents, and everything else, and they can easily pull off a multi-million dollar scam because crypto People in the currency space want to get in the car first and research later.
Thats why you need curation, and Fjord Foundry already has one, but they really need to find some geniuses to do it. 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 find more technology-focused planners.
Editors note: Curators are responsible for reviewing projects on Fiord. They research projects, communicate with teams, present projects to their respective audiences, and select projects for curation based on their quality criteria.
Based on past ATH ROI of 20 projects, here are the top 3 curators:
Tempo:The best return on investment isZero 1 Labs For this project, its return on investment is 8.37 times.
Taiboku Capital:The best return on investment isEmeraldFor this project, its return on investment is 13.55 times.
Grills:The best return on investment isEeFi FinanceFor this project, its return on investment is 5.7 times.
Additionally, they have aAxonDAOproject; they raised less than $120,000, but the ATH price soared to 500x.
This is very lucky and does not usually happen to 99% of cryptocurrency investors. So don’t get too excited about ROI.
Fjord has launched some great products recently, such as Autonolas, which sell for 100 times the issue price.
Technically speaking,Autonolas，AxonDAOThey are the only two projects in LBP that have achieved more than 100 times growth in the past 12 months, with the third highest coming from Ordiswap at 5.96 times.
There are also some issues happening on Fjord, such as Voddo Trade, so you need to be very careful with these projects.
Research the curator before researching the project. Curators are investors’ trust support. So we need better Fjord curators as I clearly see a moderate ROI for the project.
For retail investors, investing haphazardly in Fjord is not an option. However, if you can leverage your capital on good trades, you can easily make 100% profit on these trades, and if leveraged properly, you may even be able to make 40x your profit.
Additionally, price is also very important, especially when you decide to invest.
A tip for you: wait at least 8 hours before participating in LBP, and be sure to withdraw 50% of your profits when listed. Always check token attribution and all data about the project.
Also, follow Solana on1 introemission. It could trigger a lot of fair launches,
But again, be careful, 90% of these projects have technical manipulation.
You need to pivot quickly and take action until you find a clear winner after spending countless hours researching.
gratefulGood Data Bad GuyMade this dashboard to trackFjord Foundryon LBP.
