2, Category:
$OP is L2, however currently $OP is aiming at Supperchain, L0 style similar to Cosmos
--> go in the direction of KO competing with other L2, but Support for other L2.
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1, VCs
- A16z, Paradigm, MM is Wintermute (check old fud history $OP transferred by mistake)
- Raised total 5 rounds up to 357m$ but only had 3 VCs (A16z + Paradigm) â> easy to set price (See photo for details)
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3, Team (Dev)
- Most of them have worked at ETH Foundation, IBM, Consensys (Metamask wallet's parent company), Google
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5, Community
- no need to discuss, quite bullish
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4, Tokenomics
- Currently paying VCs.... --> however, A16z almost bought back everything (Historical Checklist 4/2024)
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6, Chart - Price - Marketcap
-Chart: accumulated
- Cap: 2 billion $
- Price: 1.74$
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7, Summary:
From 1 + 2 -->
1) Raised 5 rounds to 357m$ but only had 3 VCs, A16Z bought almost all the unlock rounds -> easy to manipulate the price
2) $OP goes in the direction of NO L2 competition, but towards L0 like Cosmos - 1 Supperchain connecting Dapps & supporting L2
--> Even the Base (L2) system with quite high TVL is still using OP's OP Stack.
Do you see anything missing?
#OP #layer2
