Analysis of the current situation and ecological development of ar in December $AR
Since the conclusion of the November hackathon, the ar community has been vibrant over the past month. Various AI memes are flying around, and there are new paradigms combining DeFi and AI, etc.
Many new and old projects have made some new promises, but making promises is not a derogatory term; at least it shows that work is being done, especially during the decline of ar prices, which helps to accumulate ecological strength for ar.
The reason why project teams are so actively engaged is certainly due to expectations of the AO mainnet launch, and many projects have already started to find ways to secure some staking positions for AO, as everyone knows that holding ar can yield AO airdrops. Some projects have opened third-party staking channels for ar, which means users need to send ar to the project team's address, effectively giving the project team some of the users' AO, and then the project team will airdrop their own tokens to you. This is quite similar to the Ethereum re-staking mechanism.
This playstyle is also what the founder of ar hopes that AO ecological project teams will engage in, which is called "developer minting." The whole mechanism can actually push up the price of ar, but unfortunately, there has been significant selling pressure from large holders recently, which has forcibly driven down the price of ar. However, the overall fundamentals are still good, so it's recommended to hold patiently.
This issue is not over; in the next issue, I will analyze what will happen after the AO mainnet launch. Please follow and like, and I will help you understand the ar token better.
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