Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system. Using Omni, developers can build natively global applications that access all of Ethereum’s liquidity and users by default.
Notes:
The project has raised 18.1MM USD from two rounds of private token sales, where 9.1% of the OMNI total token supply has been sold at 0.18 USD/OMNI (Seed Round), and 11% of the OMNI total token supply has been sold at 1.50 USD/OMNI (Series A), for the total of 20.1% of the OMNI total token supply sold in the private rounds.
Token Supply: Max 100,000,000.-
Launchpool Token Rewards: 3,500,000 OMNI (3.5% of max token supply)
Initial Circulating Supply: 10,391,492 OMNI (10.39% of max token supply)
WARNING At INITIAL LAUNCH:
If the token contract at ETH is true as 0x36e66fbbce51e4cd5bd3c62b637eb411b18949d4
Following is the analysis of the contract:
Its contain proxy contract and hidden proxy which if play in shit coin, mostly end with sc*m, but since it's was launched on Binance I think their team already analyse about it and sure it save although they had ever lost on LUNA :).
Based on their website information there is 3% airdrop that can be claimed at 17 April 2024 at 11:00 UTC, the launch at @Binance 12:00 UTC, but we can see that at launch there will be Public Launch Allocation 5.77% based on Binance Research, as 3% as air drop so there is 2.77% token as be question it's for LP or for free cashing from the market? (Binance seem like not make the information true accountable and transparant on it).
The other notice is we should consider what is the hell of Ecosystem Fund in here 0.5% supply.
As advisor 0.62% at initial launch I think they will cash it from the market if they sell it all at one times it can cause price correction estimation around 30%.
WHAT We should consider is the next announcement when OMNI launch from Binance will it protect its Investor or not. If they protect the investor the will not open transferable token from out side Binance till some hours or days after launch. So only there are 3.5% supply from Binance Pool only. We can buy in here at launch for generating more profit and sale it when time close to their open the token transfer from outside.
But if Binance accept transferable token from outside at launch, it's better to wait and see till have good vision, because the 6.89% of supply is bigger than 3.5% from Launchpool supply so the price have huge correction days by days like $W and $TNSR .
As the end of my opinion, if you buy at launch and get target profit, than you should take profit before Binance Future opened and then short it at Binance Future when it going up at early hour if you dare but do not forget to put SL.
Although my analyze it above, in Crypto the market is dynamic all depend on Bookie. But I think Bookie also will use their head if they do not have belong on the initial launch supply.
If you have other opinion and other comment please write it here. Thank you.
