Aleo Head Mine
Aleo officially announced: After a week of rigorous review and testing, the code has been successfully frozen. To ensure the security and stability of the network, the official plan is to officially launch the miner incentive plan on July 1. It is expected that in the next six months, a total of 150 million points will be distributed to reward participants and promote the sustainable development of the entire ecosystem.
First mining start time: The validator reward mechanism (i.e. first mining) will be carried out from July 1 to 15, with a total of 1 million Aleo points distributed. This marks the beginning of rewards for validators who provide computing resources and support network operations. It should be noted that each prover must earn at least 100 points to be eligible for rewards.
TOKEN distribution plan: Within six months after the first mine is launched, Aleo will distribute 150 million TOKENs. This distribution plan is designed to encourage early participants and validators to contribute to the security and stable operation of the network.
Economic model and inflation schedule: Using a micro-inflation model, the initial supply is 1.5 billion coins, and the total supply of the entire network is expected to reach 2.6 billion coins in 10 years. The inflation rate is about 12-16% in the first three years, and then decreases year by year. The tail release mechanism ensures that block miners always have a reliable source of income.
Friends who are interested in Aleo should plan as early as possible to avoid missing out on early dividends. The wealth-making effect of blockchain has already made traditional finance eager to move. Friends who want to participate in Aleo's first mining, please add WeChat crypto-web3.
Aleo Price
What will be the price of Aleo after it goes online, and how will it perform? I believe this is a question that many people are concerned about. Below is a brief analysis of the possible price performance of Aleo after it goes online. This is a personal opinion and is for reference only.
Analyze Aleo as the total market value of the L1 public chain:
First place: ETH fully circulated market value: 414.788 billion US dollars (first tier)
Second place: SOL fully circulated market value: 108.445 billion US dollars (second tier)
Third place: BNB’s fully circulated market value is 87.164 billion US dollars (third tier)
I won’t write about them one by one later. The third-tier public chain has a total circulation market value of about 20 billion to 30 billion US dollars. If Aleo only enters the third tier after it goes online, the total circulation market value will be 20 billion to 30 billion US dollars, and the price will be 13 to 20 US dollars. However, after Aleo goes online, it feels a bit underestimated that it is in the third tier of public chains, so I put it between the third tier and the second tier, with a total circulation market value of 50 billion to 60 billion, and the price of Aleo is 33 to 40 US dollars. According to Aleo’s market popularity and the technical realization it has, it is not a problem for Aleo to enter the top 10 in terms of circulation market value, and the price is 36 to 55 US dollars.
Many people on the Internet say that Aleo will surpass Ethereum. I won’t comment on this, but it is almost inevitable that Aleo will enter the second echelon and keep pace with SOL and BNB. As for catching up with and surpassing Ethereum, it depends on Aleo’s performance and the development of the ecosystem after it goes online. However, this cannot be achieved in a short time. The implementation of ecological applications and the price discovery of Aleo require time and opportunities, which is estimated to be about two to three years. In two years, the number of Aleo will be about 2.2 billion. If Aleo can surpass BNB and SOL, and then catch up with Ethereum, its total supply market value should be around 200 billion to 300 billion US dollars, and the price of the currency will be able to reach about 130 US dollars.
According to the above analysis, the starting price of Aleo after its launch should be between $10 and $30. After a period of price adjustment, the price will rise to $50 to $80. Once the ecological application is implemented, the price will reach $100 to $150. Higher prices will depend on the later market environment, the implementation of ecological applications, market imagination and market hype.
How to get involved with Aleo
1. Buy a mining machine. Using a graphics card machine to mine is a way to take advantage of an official welfare policy, exchanging points for coins. As for whether the ratio will change, how strong the force is, and how cost-effective it is, it remains to be considered. However, it is recommended to participate in the prover incentive, just in case there is a surprise, and you can also prepare for the main network first mine to mine coins at the same time, just in case. In addition, chip machines will not be available in the short term, and they will not be able to catch up with the first mine. For friends who want to participate, graphics card mining machines may be a good alternative.
2. Lease mining machines. Lease mining machines. This method can avoid the impact of project changes because you can stop leasing at any time. Joining a third party and using the highest-performance machines can have the greatest competitiveness in the early stage and obtain more dividends. In contrast, other methods, such as hoarding coins and speculating on coins after the rise, actually have generally high costs in the secondary market and too high risks. It is not recommended to participate in this way.