What is the primary market?
The primary market, also known as the issuance market, refers to the stage where newly issued cryptocurrencies or digital assets make their debut. In this market, project parties can sell tokens directly to the public to raise funds for project development. The primary market is one of the important ways to finance blockchain projects.
In the primary market, investors can purchase newly issued tokens and thus become initial supporters of the project. Participants in the primary market usually include project parties, investors, consultants, angel investors, etc.
The entry cost for an early seed round institution may be only 0.001, for a private placement round it may be 0.005-0.01, and there may even be a public placement round with a cost of 0.05. When the secondary market opened and the price stabilized at around 0.5, the early institutions had already obtained 500 times the profit. The cheapest 0.005 in the private equity round was also 100 times the profit, while the profits of new players were only 10 times. Therefore, the entry price determines the size of the upper profit margin you can obtain!
A project usually goes through a seed round, a private placement round, and a public placement round. The price of each round will gradually increase, or even double the price difference. In particular, the price of a project’s seed round is usually very low. When the project tokens are listed on the exchange, they enter the secondary market. At this time, the price difference between the primary market and the secondary market will become very obvious.
Centralized exchanges like An Mouyi and decentralized exchanges like Uniswap and PancakeSwap can all be collectively referred to as secondary markets.
Seed round: Funding is mainly provided by institutions and used to build early-stage teams.
In the secondary market, it is very difficult to find a 100x coin or a 1000x coin.
Therefore, the real opportunities are still in the primary market. Projects such as ALEO, which are favored by top capital, are where the opportunities lie and deserve our close attention.
How can ordinary people participate in the primary market?
Primary market resources are relatively closed, and it is difficult for ordinary retail investors to access primary channels. Unless there are institutional resources around you to follow the investment to obtain a batch of quota, or you can directly connect with the project party to participate, the cost of both will be relatively high. If you use 1-3wU to discuss investment with the project party, do you think they will take care of you? ?
Some people's round of financing is less than 8 figures, and more is even 9 figures, so many ordinary retail investors simply cannot get first-hand resources.
Today we also bring you the leading projects in the primary market in 2024
Many exchanges have launched his futures contracts, and the highest over-the-counter price has reached nearly $3,000. It is expected that after the official launch in the Q1 quarter of 2024, the opening price will be very amazing! This is definitely a currency with the potential to grow thousands of times.
Project Introduction
Aleo is a blockchain platform based on zero-knowledge proof technology and is committed to building a safe, efficient, and transparent decentralized ecosystem. Through innovative technology, Aleo aims to solve the bottlenecks of existing blockchain systems in terms of performance, security and ease of use, and provide users with more convenient and reliable blockchain applications.
On the Aleo platform, developers can easily create decentralized applications (DApps) and use zero-knowledge proof technology to achieve data privacy protection. In addition, Aleo also supports smart contracts and provides developers with a wealth of tools and resources. As the Aleo ecosystem continues to grow, more innovative applications will enter the market, providing users with a new experience in the web3.0 era.
The key to user experience in the web3.0 era:
Decentralization: In the web3.0 era, decentralization is the core of user experience. Through decentralization, users can enjoy more secure, transparent, and autonomous Internet services while reducing their dependence on centralized services.
Data privacy protection: In the web3.0 era, user data privacy is fully protected. With the zero-knowledge proof technology of platforms such as Aleo, users can enjoy Internet services without worrying about data leakage and abuse.
Ease of use: The user experience in the web3.0 era requires easier use, so that even users with non-technical background can easily get started. Projects such as Aleo lower the barrier to entry for developers by providing a friendly development environment and convenient tools.
Efficient performance: In the web3.0 era, efficient performance is the basis of user experience. Platforms such as Aleo are committed to improving the throughput of blockchain networks, reducing transaction delays, and providing users with faster and more stable services.
Innovative applications: The web3.0 era calls for more innovative applications. Platforms such as Aleo promote the birth of more innovative DApps by attracting developers and cultivating ecosystems to meet the diverse needs of users.
Development History
In 2019, Aleo was established
On August 19, 2020, it was officially announced that the developer version would be launched.
In early 2021, the official AleoDiscord server will be launched
On April 20, 2021, Series A financing raised US$28 million
On June 3, 2021, it received a US$1 million grant from the Ministry of Finance to launch the Aleo Community Rewards Program and Leo Programming Competition.
On August 16, 2021, Aleo setup (mining) officially started, and Testnest1 went online at the same time
On December 6, 2021, the incentivized test network Testnet2 was officially launched, with more than 10,000 nodes and millions of zero-knowledge proofs generated.
On February 7, 2022, Series B financing amounted to US$200 million
In March 2022, Aleo launched the ambassador program and Testnet3 is ready to go online.
On August 19, 2022, ALeoDiscord officially announced that the three testing phases of ALeoTestnet3 will be postponed.
On November 10, 2022, Aleo network launched the second phase of three tests
On January 24, 2023, Aleo released the 2023 roadmap
On April 17, 2023, the Aleo network was launched
The third stage of three tests
The Aleo mainnet will be launched in the Q1 quarter of 2024 (expected).
Aleo’s investment institutions and financing status
Currently, Aleo has conducted two and a half rounds of financing, namely Series A, Series B and Series B+. In Series A financing, the company received US$28 million in investment, led by Andreessen Horowitz (a16z), with participation from PlaceholderVC, GalaxyDigital, VariantCapital and CoinbaseVentures. Other investors include Polychain Capital, Slow Ventures, Dekrypt Capital, Scalar Capital, a_capital, zkValidator, Balaji Srinivasan and Ethereal Ventures, a new venture fund founded by Joseph Lubin. In the Series B financing, Kora Management LP and SoftBank Vision Fund 2 served as the leading investors, and institutions such as Tiger Global, Sea Capital, Samsung Next, Slow Ventures and Andreessen Horowitz (a16z) participated in the investment. Ultimately, the company was valued at $1.45 billion.
Project name: Aleo
Launch time: Estimated Q1 quarter of 2024
It is expected to be listed on: more than 100 leading exchanges, such as Binance, Huobi, Oyi, Matcha, and other exchanges that everyone often uses and have good reputations.
Official website: https://ALEO.org/
Twitter: https://twitter.com/ALEOHQ
Discord：https://discord.gg/ALEOhq
GitHub：https://github.com/ALEOHQ
Blog：
https://www.ALEO.org/blog
ALEO layout countdown! ! ! V I love220011 who wants private placement quota
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