2024 copycat layout, the third issue - Astar$ASTR
Counting the hundred-fold coins that appeared in the last round of bn, more than 80% are new coins and second-new coins that were launched during the bear market before the bull market...
Hello everyone, the previous two issues talked about Space and Time, which was not launched, and Bouncebit, which was launched for less than half a year. Whether they are launched or not, they are new projects. Today we will talk about Astar, which has been online for more than two years and is almost fully circulated.
Counting the hundred-fold coins that appeared in the last round of bn, more than 80% are new coins and second-new coins that were launched during the bear market before the bull market. Astar was launched in January 2022, and it can be regarded as a second-new one.
Astar is a Japanese public chain project that I focus on (A long time ago, the name of ASTR was Plasm Network). Why should we focus on a Japanese public chain? The main reason is that Japan is gradually increasing its stake in Web3. With the strong support of the government, it has become one of the most dynamic Web3 markets in the world. This is one of the most important reasons why I am interested in this project. When ASTR was first launched two years ago, it set a very ambitious vision and goal, wanting to become the DAPP center hub of the multi-chain ecosystem and make web3 scalable. At present, the vision is very grand, and comrades must work hard. It can be seen that the Astar team has been moving in this direction in the past two years. Overall, the technical strength is acceptable, and it is not a project that only talks big. The financing institutions are quite luxurious. The earliest round of financing was led by Binance, and the second round of financing was led by Distributed Capital. Then Toyota, Mitsubishi, Mazda, Sony, etc. have directly or indirectly cooperated with Astar. Especially with Sony, they jointly established a subsidiary to develop "Sony Chain" for Sony, etc. From this, we can also see that Japanese companies are vigorously entering the web3 field community: The community scale and activity are medium-to-high water, and the team development and operation activities are relatively frequent, which is not bad. In summary: Astar is a public chain developed and launched by a Japanese team for two years. It belongs to the first-tier public chain project in Japan. The local layout is very full. It has won the cooperation of most of the major companies in the WEB2 to WEB3 field in Japan, and jointly developed the Sony Chain with Sony. The project has rich resources and a deep background. It was relatively active in the previous two small markets and was almost fully circulated. I personally think it is a bit like ADA in the previous round. I am optimistic about #加密市场反弹
