From UNI to SCROLL: Expectations of the airdrop track and changes in market psychology
On October 8, 2024, scroll announced the airdrop information. Source: https://scroll.io/blog/scr-token#scr-token-distribution A total of 150m tokens will be airdropped, with 70m tokens in the first round and 80m to be distributed in the next year to year and a half. If calculated at a price of around 1.5, the project owner will probably give less than $100 million in airdrops.
However, the number of scroll addresses is about 4.5 million: Information source: https://www.oklink.com/zh-hans/scroll. Assuming that there are 1 million addresses that can get the airdrop, the number of addresses that can get the airdrop is actually very small. If we follow the rules of zk, only about 600,000 users will get the airdrop in the end, then the average airdrop reward per person is only $166. This is far from the glory of the airdrop track.
"Written before the bull market takes off, what is the biggest risk of the bull market?"
I wonder if you have ever thought about this question: why do people lose more money in a bull market than in a bear market?
It’s like I bought atom for $15,000 and held it until now, and lost more than 90%. Here is the record at that time: https://x.com/Seanzhao1105/status/1814237471737249959
My feeling at the time was that I felt that everyone was talking about how great arc20 was and how it could change the world, etc. Then I watched the price go up little by little, and I finally couldn’t help it. I was afraid of missing out, so I took over at the top of the mountain with a high gas price.
The reason why I wanted to write an article about risk is because I have been reading recently. After reading it, I have a different understanding of risk, especially since I started IEO in 2019 and participated in many projects. Now I have some new feelings about the concept of "controlling risks".