Hunters this is the much requested Scroll Mainnet first mover airdrop guide. Iâll keep it brief and to the point. As of the time of writing this guide, Scroll Mainnet has secured a total funding of $80 million. While thereâs no official word on a token or airdrop, there are hints that governance power could be up for grabs. This hint comes from their recent announcement regarding the âScroll Origin NFT,â which will be available for minting starting on December 14, 2023, at 10:00 PM GMT, exclusively for Scroll builders and smart contract deployers, with potential benefits.
In this guide, weâll cover three key segments: bridging, swapping, and smart contract deployment. The advantage here is that you donât need to do much to become a first mover; itâs been less than a week since Scroll Mainnetâs launch. So, letâs dive right in: Before we begin, make sure to manually add Scroll Mainnet to your Metamask network list with the following settings: - Network name: ScrollMainnet- RPC URL: https://scroll.rpc.thirdweb.com/d391b93f5f62d9c15f67142e43841acc- Chain ID: 53452- Symbol: ETH- Block Explorer: https://blockscout.scroll.io- Save these settings! The best part? You can carry out this tutorial on your mobile device, including the smart contract deployment. Step 1: Bridging
1. Visit Rhino.fi2. Connect your wallet3. Bridge ETH from Arbitrum to Scroll4. Donât forget to check out their Scroll wallet tracker [here](insert link)! And as a bonus, you can claim your Rhino X Galxe NFT for free as youâve qualified. Click Here! Step 2: Swapping
1. Head over to SyncSwap2. Connect your wallet and switch to Scroll Mainnet3. Swap ETH to USDC (any amount will do) Thatâs it! As an additional task spread across several weeks, complete the Orbiter Bridge OdysseyâââScroll Flight here! STEP 3 DEPLOY. (nocode)
Iâm Jadeofwallstreet, your trusted crypto profit guide. Get ready to ride the crypto waves in style with me by your side! Follow me on: Medium: https://jadeofwallstreet.medium.com- Twitter: https://twitter.com/MetisCharter- Join my WhatsApp Channel: https://whatsapp.com/channel/0029VaAs0DMH5JLwrAD3wM1U- Join My Discord Servers:âââJadeofwallstreet: https://discord.gg/7mtNBzbsjEâââCrypto Job Board: https://discord.gg/dDBU5BMbMy Keep those tips coming to 0xA12795A80CCcE5a869263B0c41e3f18875162b58
Disclaimer: JadeofWallstreet is an educator, not a financial advisor. The following âBull Market Thesisâ and all accompanying content are provided solely for educational and informational purposes only. The viewpoints expressed herein belong to Jadeofwallstreet and should not be regarded as financial advice. Itâs strongly recommended that readers consult a qualified financial advisor or perform their own research and due diligence before making any investment decisions. Jadeofwallstreet assumes no responsibility for any financial actions taken by individuals based on the information presented in this thesis. Please be aware that the cryptocurrency market is subject to inherent risks, and all investments carry the potential for both gain and loss. By engaging with this material, readers agree to absolve the author of any liability or responsibility related to financial decisions. Itâs essential to consult a certified financial professional for personalized investment guidance tailored to your unique circumstances. Before you dive into this âBull Market Thesis,â itâs essential to approach it with unwavering focus if you aspire to thrive in the upcoming bull market. We understand your busy schedule, constantly monitoring those green and red dildos in the ever-exciting crypto market. But before we delve into the critical insights for this bullish ride, allow me to share a glimpse of my crypto journey.
Prior to my adventure in the world of cryptocurrencies, I was what some might term an âInternet guru.â My journey involved a myriad of freelancing gigs, from graphic and web design to writing and blogging â a passion I ignited way back in 2013 using my trusty BlackBerry Curve 2. My online pursuits even led me into the realms of naming internet companies and reselling domains, a venture that proved profitable but demanded an immense amount of effort and time. In this domain business, I found myself sending out a staggering 10,000 emails per day, relentlessly searching for potential domain buyers and brainstorming names for agencies and crypto protocols. Some of the well-known protocols youâre familiar with may have been christened by me or a team I collaborated with. I brokered and named these domains for businesses across first-world countries like the US, Canada, Netherlands, UK, Germany, and more. Living in a third-world country presents its share of obstacles, but itâs no reason to deter your success in the realm of crypto. In fact, I discovered that Web3 fosters a more interconnected, internet village-style approach, aligning with the original vision of the World Wide Webâs creators. Over the years, I struggled with remitting proceeds from my domain business until a platform proposed paying me in Bitcoin for domains sold on their platform. This marked my entry into the world of cryptocurrencies, a transition that occurred sometime between 2013 and 2016. It was in 2016 that I had my first direct encounter with cryptocurrencies. Before that, I had merely observed a doctorâs posts about it on Facebook, initially dismissing it as just another one of those multi-level marketing schemes like MMM. Since then, Iâve witnessed my crypto investments oscillate from zero to thousands of dollars, and subsequently, from tens of thousands of dollars back to zero. The crypto space is undoubtedly a wild ride, and every nugget of wisdom within this thesis stems from my six years of invaluable experience in the crypto sphere. Now, letâs embark on this journey together by exploring the key insights that you should engrave in your mind as we venture into this bullish market. Catalytic Converters
â Bitcoin ETFs:â Bitcoin futures exchange-traded funds (ETFs) are pools of bitcoin-related assets offered on traditional exchanges by brokerages for trading as ETFs. These ETFs aim to provide retail and other investors with exposure to cryptocurrencies without the need to directly own them.They are traded on traditional exchanges instead of cryptocurrency exchanges. Similar to Bitcoinâs value, these ETFs are highly volatile. They employ futures contracts to achieve this goal. Fund managers purchase these contracts and bundle them into a fund. These funds gained popularity in part due to the SECâs blocking of direct Bitcoin ETF creation.The key takeaway from Bitcoin ETFs as a catalyst for this bull run is that they bring regulatory clarity and a significant influx of institutional money. â Bitcoin Halving:The Bitcoin halving takes place roughly every four years, reducing the mining reward per block and slowing the introduction of new Bitcoin into the market. With the next halving, the reward will be reduced from 6.25 BTC to 3.125 BTC per block. As Bitcoinâs supply growth decreases while demand increases, its dominance rises.The next Bitcoin (BTC) halving is likely to occur in April 2024 and could have a substantial impact on the cryptocurrencyâs price. Prices may rise if demand remains strong.Past halvings have shown price appreciation in the months before and after the event. However, the circumstances surrounding each halving are different, and Bitcoinâs demand can fluctuate wildly.The last halving event in May 2020 led to a significant price increase, from around $6,877 to $8,821 at the time of the event. A similar pattern occurred during the previous halvings in 2012 and 2016. â US Election:The upcoming 2024 U.S. presidential elections are approaching, and the fate of cryptocurrencies is closely linked to potential presidential candidates and their stances on the future of cryptocurrencies.Recent developments include President Joe Bidenâs executive order to regulate cryptocurrencies and former President Donald Trumpâs skepticism of Bitcoin. On the other hand, Robert F. Kennedy Jr. has expressed strong support for cryptocurrency.Clear and favorable crypto regulation could spark the next crypto bull run. U.S. regulators have been focusing on cryptocurrency regulations since 2020, leading to stricter rules for digital asset companies. 2.Wise Me Up Sire!
30 points to take note of going into the next bull run 1. Positioning in a Bull Market: In a bull market, almost everyone makes money, but not everyone maximizes their profits or ultimately cashes out to buy tangible assets. This thesis aims to help you stand out in this bull market and maximize your returns. 2. While the document provides strategies to maximize profits, remember that profits are still profits. If youâre satisfied with a 100% return on your investment, stick with it. Stay disciplined.3. Even if you donât have capital to start your investment journey, keep an eye on opportunities presented through my various channels.4. Be cautious of staking in a bull market, as some protocols may coerce you to lock your tokens or stake them for extremely high Annual Percentage Yields (APYs). These tactics have often been used against unsuspecting investors. Learn from my six years in crypto; protect your assets. 5. The Importance of Research:Always conduct thorough research and stay informed. Educate yourself; reading is your shield against regrettable mistakes. Take my own experience, for instance, when I once bought a stablecoin (CUSD) at $30 per token, only to see it plummet to its intended value of $1 per token after listing on KuCoin. 6. Donât be rigid with your resolve, allow room to play with the unknown. Ignoring seemingly meaningless projects can be a mistake. Do not underestimate seemingly meaningless projects. Sometimes, unconventional ideas find immense support. Seize the moment before a narrative gains traction, regardless of how unconventional it might seem, as such concepts often resonate with degenerate risk-takers. The crypto world can be unpredictable, and narratives that may appear senseless at first can resonate with millions of degens like you and I. 7. Strive to Be an Early Adopter: Be the first to act when new opportunities arise. Being swift can lead to better returns. Donât wait for others to validate your moves; be prepared to take calculated risks. 8. Selling Older Tokens: In a bull market, itâs advised to divest from tokens older than five years (excluding Bitcoin and Ethereum) unless they are meme coins. Be mindful of their relevance in a rapidly changing market. 9. Beware of the so Called Pump&Dump Communities: Some communities may aim to manipulate prices. Beware of new crowd communities that emerge, disguised as sources of alpha; they may only be interested in taking your money through subscriptions., Donât be the exit liquidity. 10. Opportunities in a Bull Market: Keep a sharp eye on new projects. Some may present opportunities for short-term and high returns. Stay updated on relevant events, trends, and news within the crypto space. 11. Risk Management: Diversify your portfolio to mitigate risk. Donât put all your funds into one asset or token. Implement a stop-loss strategy when trading and understand how much you can afford to lose. 12. Gather Intel: Twitter can be a valuable wellspring of insights, but itâs crucial to ensure youâre following the right accounts; otherwise, you might overlook a wealth of information. Feel free to follow me on Twitter, as Iâll be sharing a curated list of accounts to follow next week. Join various cryptocurrency projectsâ communities to gather intel. Engage with like-minded individuals and share your insights. Youâll be amazed at what you can learn from others. Keep a close watch on project announcement channels on Discord and Telegram for critical updates. Declutter your Discord and Telegram from irrelevant conversations, focusing on what truly matters in this bull run 13. Donât Get Overexcited: In a bull market, itâs easy to get caught up in the excitement and start throwing money at anything that moves. Stay calm, cool, and collected. Our goal is to generate profits, not incur losses. 14. Whether or not you consider yourself a skilled trader, everyone eventually reaps rewards in a bull market. During such times, it seems like nearly every asset is on the rise. However, the aim of this thesis is not just about making money, but making the most out of your investments. Not everyone can cash out and fulfill their dreams of owning a house, a car, the latest phone, or a new laptop. This thesis offers insights into maximizing your profits, but remember, itâs your profit, and you decide when itâs enough. Stick to your goals, and donât waver. 15. In a bull market, the potential for significant earnings is vast, regardless of the amount you initially invest. All you need is a well-thought-out plan. If youâre starting without much capital, stay tuned to my channels for opportunities; there are numerous ways to carve out a path for yourself, and Iâll bring them to you as soon as they emerge. 16. Create burner wallets on Metamask to engage with protocols you donât fully trust but want to explore. 17. Remember to take profits, you do so in the bull market not after. Donât assume your funds are safe unless theyâre in fiat. And when you do consider investing in tangible assets like precious metals or real estate and indulge in well-deserved experiences. 18. The right time to start acculating is now; Bitcoin is unlikely to dip to $20,000 again until this bull run concludes. There may be a temporary setback below $25,000 , but weâre up over 100% from this yearâs all-time low. 19. Avoid falling in love with a project; attachment may lead to your downfall. Many VCs and project teams can be excellent at creating a loyal community while unloading their own holdings. 20. Stay cautious when it comes to Twitter influencers, as many are seeking exit liquidity. 21. Embrace greed, as it can be a driving force, but ensure itâs balanced with hard work and research. 22. Be cautious about what you click; avoid web3 employers who ask you to test software thatâs only available on Windows PC as an executable file, as such offers can easily lead to scams. 23. Familiarize yourself with Bitcoinâs historical data; it can be a valuable guide.
24. Projects that thrived during the last bear market are likely to do well in this bull market. Keep an eye on them, they deserve your attention. 25. Follow the liquidity/VC money @Pentosh1 on Twitter excels at dissecting stablecoin flows. @whale_alert for large transfer . I frequently update my feed VC money movements too . 26. Stay focused and resolute in your investment thesis, even as the bull market tempts you in various directions. 27. Donât attempt to invest in everything at once. Memecoins, utility tokens, and NFTs will each have their unique bull market cycles. 28. Bitcoin will likely experience a blow-off top before its halving in early 2024, followed by a substantial bearish phase. 29. Remember that the intrinsic value of an investment is subjective; most successful investments throughout history began with seemingly unreasonable valuations. 30. In crypto, tokens priced at 0.000+ are often attractive to retail investors, who hope for massive price increases. 3. Catego-MerryIâve coined this segment Catego-Merry, which is a comprehensive exploration of the crypto industryâs most promising areas. In each area, Iâll highlight 1â2 standout players based on their buzz and fundraising efforts. Itâs remarkable how, in each category, it often boils down to just 2 key players dominating the market share. Even among these two, one typically emerges as the leader and captures the lionâs share of the market. For example, in the realm of CCIPs, Layerzero stands as the dominant force. Therefore, during the emergence of new themes in a bull cycle, pay close attention to the names that rise to the top 2 positions in that category. If you wish to hedge your bets, consider both leaders, but always keep your focus on where the masses are directing their attention, as this guides you to the next cycleâs victors. Layer 2s:In the previous bull run, we witnessed layer 1 blockchains like Solana take center stage. In this current bull run, my prediction is that Layer 2s, particularly zk-rollups, will seize the spotlight. Ethereumâs Layer 2 tokens were among the most profitable assets to hold in 2021. With steep transaction costs and scalability issues on Ethereum, developers and users often rely on Layer 2 solutions. Letâs delve into the most promising Layer 2 solutions for the next phase. My Top 2 Layer 2 PicksDespite most Ethereum Layer 2 tokens enduring a bear market, these two stand out with strong teams, substantial funding, and considerable hype, poised for significant bullish action: 1. ZkSyncZkSync is a ZK rollup protocol that employs cryptographic validity proofs to facilitate scalable and cost-effective transactions on Ethereum. Computation occurs off-chain in zkSync, with the majority of data stored off-chain as well. Every transaction is validated on the Ethereum mainchain, ensuring the same level of security as Ethereum. - Funding: An impressive total funding of $458 million hints at the potential for a record-breaking airdrop.- Total Value Locked: $121 million- Token: $ZKS (To Be Determined) 2. BASECoinbaseâs Base could potentially surpass any Layer 2 in DeFi, including Arbitrum. With Binanceâs waning influence in the Western hemisphere, Coinbase is poised to seize the spotlight in the world of CEX power. By onboarding normie users and institutions into DeFi through Base, Coinbase, which currently caters to approximately 150 million users, many of whom are Western normies, can amplify its role. In 2020, Coinbase boasted 7,000 financial institution customers, and this number could soar as Bitcoin ETF approvals flood in. - Funding: Undisclosed (it doesnât need to be, to be honest)- Token: $Base (To Be Determined)- Total Value Locked: $574 million SocialFi:Since its launch in August, Friend.tech has witnessed inflows exceeding $420 million, as documented on a Dune Analytics dashboard. Concurrently, Web3 mobile social apps Phaver and RepubliK announced fundraises last week. SocialFi leverages blockchain to monetize social interactions, opening up various avenues for profit. Here are my top picks in this category: - Republik.gg ($6m in seed funding, referral program, possible airdrop opportunity)- Friend.tech (makes $1m daily from fees,referral program, possible airdrop opportunity)- Phaver ($7m in funding, possible airdrop opportunity) Decentralized IDsUnlike centralized platforms like Google or Meta Platforms (formerly Facebook), decentralized identities are often hosted on decentralized file-sharing platforms like the InterPlanetary File System (IPFS). They hold potential for unique use cases, such as Soulbound tokens, a form of non-fungible token (NFT) that signifies a personâs identity and accomplishments in Web3. My top pick in this category is Nomis.cc. CCIPsCross-chain Interoperability Protocols (CCIPs) facilitate communication and interaction between applications across diverse blockchain networks. While I have covered several protocols in this category, my top picks remain Layerzero and Socket.tech. Here are some other projects in this category worth exploring: - Interport- Connext- Polyhedra- AltLayer- xy.finance- ChangeNow- Debridge- Project TXA- Chainlink CCIP- Hyperlane AIDuring my research for this thesis, I found it challenging to discern the meaningful role of AI in the crypto landscape. Therefore, I have not made any specific recommendations in this category. Nevertheless, AI remains a buzzword that could attract significant attention during this bull run. Consider it part of your education and a gamble worth exploring. Telegram BotsFollowing the success of projects like UniBot, other types of Telegram Bots have gained attention. These bots employ the Telegram platform to simplify interactions with DApps through conversational engagement. Itâs too early to judge the ultimate winner in this category, but for now, Iâm leaning towards UniBot. The team continues to develop and has formed partnerships with notable content creators. They are expanding to new chains, like Base, and have plans for desktop versions and various upgrades. However, considering their relatively small market capitalization, their coin price currently stands double digits at $67, could be a substantial deterrent. (remember unit bias of retail?). So, if the UNIBOT team happens to come across this, I would strongly suggest looking into addressing this issue. Web3 Security & PrivacyOne of the most significant drawbacks in Web3 is security, representing an untapped industry worth billions. In the world of Web3, data protection plays a crucial role. This involves securing data through encryption and storage. With the inflow of VC funding, this category has seen increasing investments. My top selections here include DeFi DefiGuard, Nocturne, Blockaid, and De.Fi. MemesMemes are more than just funny images; they convey ideas and stories with remarkable efficiency. They serve as a rapid means of communication on the internet. Memecoins hold a special place in the crypto realm. My top picks in this category are PEPE, HarryPotterObamaSonic10Inu (represented by $BITCOIN), and MEMECOIN. NFT MarketplacesNFTs, despite some skepticism, remain a notable aspect of the crypto landscape. Blurâs remarkable airdrop during the bear market indicate that thereâs more to come in the NFT sector. Iâve been monitoring VC investments in NFT marketplaces, suggesting substantial interest in this area. Itâs worth noting that the altcoin bull market typically precedes the NFT craze. My top pick here is Zora, a protocol and marketplace similar to Opensea, which recently launched its Layer 2 chain atop the OP Stack. Decentralized Derivatives ExchangesThe crackdown on centralized derivative exchanges has spurred a shift to on-chain trading. In this category, three segments stand out: 1. The Innovators: Established exchanges with limited room for significant growth, including dYdX and GMX.2. The Midjourners: Proven exchanges with market caps under $10 million, offering room for 50â100x gains. Vela.exchange is a standout example.3. The Newcomers: These exchanges are challenging the status quo, armed with substantial hype and VC support. Infinex, GRVT, and SynFutures are among my top picks in this category. DEXsDecentralized exchanges (DEXs) have maintained their relevance, thanks to pioneers like Uniswap. In this category, Camelotâs $GRAIL token emerges as the top contender, with excellent tokenomics and potential for significant growth. Crypto WalletsImproving the user experience remains a challenge in crypto. Wallets that simplify the buying and selling of cryptocurrencies are well-positioned for success. With an array of crypto wallets gearing up to onboard normies into crypto, we can expect substantial airdrops in this category. My top selections include Zerion. BridgesCross-chain bridges have risen as essential solutions for connecting different blockchains and ecosystems. They are protocols that facilitate the transfer of digital assets and information across different blockchains. These bridges employ native tokens for revenue sharing and governance. Some bridges, like Orbiter Finance and Relaychain, could have airdrops on the horizon. Rhino.Fi, formerly known as Deversifi, also has potential for a significant token iteration. I extend my gratitude to web3quant, CC2ventures, and rektfencer, whose writings have significantly influenced this thesis. Iâm Jadeofwallstreet, your trusted crypto profit guide. Get ready to ride the crypto waves in style with me by your side!Follow me on:- Twitter: https://twitter.com/MetisCharter- Join my WhatsApp Channel: https://whatsapp.com/channel/0029VaAs0DMH5JLwrAD3wM1U- Join My Discord Servers:â Jadeofwallstreet: https://discord.gg/7mtNBzbsjEâ Crypto Job Board: https://discord.gg/dDBU5BMbMyKeep those tips coming to 0xA12795A80CCcE5a869263B0c41e3f18875162b58