Recently, the Crypto Assets market has stirred again, with a project named 2Z (DoubleZero) attracting widespread discussion. After its launch, the price skyrocketed nearly 30 times, leaving people stunned.
This project has quite unique features. It has secured $28 million in funding, backed by several well-known venture capital firms. However, surprisingly, 2Z did not conduct a community airdrop, but instead held 29% of the tokens in the hands of the foundation. Market makers hold only 1.4% of the tokens, which leads to an extremely limited circulation, with most tokens concentrated in the hands of node validators.
2Z is regarded as one of the star projects in the decentralized physical infrastructure (DePIN) field. Notably, it has successfully avoided the fate of being classified as a security by the U.S. Securities and Exchange Commission (SEC), which is quite rare in the current regulatory environment. The project opened high upon launch, making it even more remarkable in the current market conditions.
However, the combination of high opening prices and the dividend mechanism has deterred many investors. Contract trading has also gone unheeded due to the high risks. If this model proves viable, it could trigger more projects to follow suit, which may mean that the traditional community airdrop model will gradually disappear, replaced by a new model that controls the market from the opening. It is worth mentioning that the project's market maker is the well-known Jump Crypto in the industry.
This high-risk, high-reward project tests the courage and judgment of every investor. The emergence of 2Z undoubtedly brings new insights into investment strategies and project operation models in the rapidly changing Crypto Assets market. In the face of such a controversial and opportunistic project, investors need to carefully weigh their options and make wise decisions.
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BtcDailyResearcher
· 4h ago
It feels like they're about to play people for suckers again.
Recently, the Crypto Assets market has stirred again, with a project named 2Z (DoubleZero) attracting widespread discussion. After its launch, the price skyrocketed nearly 30 times, leaving people stunned.
This project has quite unique features. It has secured $28 million in funding, backed by several well-known venture capital firms. However, surprisingly, 2Z did not conduct a community airdrop, but instead held 29% of the tokens in the hands of the foundation. Market makers hold only 1.4% of the tokens, which leads to an extremely limited circulation, with most tokens concentrated in the hands of node validators.
2Z is regarded as one of the star projects in the decentralized physical infrastructure (DePIN) field. Notably, it has successfully avoided the fate of being classified as a security by the U.S. Securities and Exchange Commission (SEC), which is quite rare in the current regulatory environment. The project opened high upon launch, making it even more remarkable in the current market conditions.
However, the combination of high opening prices and the dividend mechanism has deterred many investors. Contract trading has also gone unheeded due to the high risks. If this model proves viable, it could trigger more projects to follow suit, which may mean that the traditional community airdrop model will gradually disappear, replaced by a new model that controls the market from the opening. It is worth mentioning that the project's market maker is the well-known Jump Crypto in the industry.
This high-risk, high-reward project tests the courage and judgment of every investor. The emergence of 2Z undoubtedly brings new insights into investment strategies and project operation models in the rapidly changing Crypto Assets market. In the face of such a controversial and opportunistic project, investors need to carefully weigh their options and make wise decisions.