12swap

29/12/2023

🧭Token dissection. BLUR
The team behind Blast

Before the well-known Blast, this team had already made the leading NFT marketplace, beating OpenSea; and now, they are building the project, which claims to become the leader among Layer 2s.

💻$BLUR tokenomics:
▪️Circulating supply: ~1.191 billion BLUR
▪️Total Supply: 3 billion BLUR
▪️Current Market Cap: ~ $580 million
▪️Current price: ~ $0.5
▪️ICO price: $0.651
▪️All-time low: $0.1532 (Oct 12, 2023)
▪️All-time high: $45.98 (Feb 13, 2023)

How did Blur beat OpenSea?
Opensea was one of the first NFT marketplaces and remained a monopoly for a long time. This allowed them to charge a 2.5% fee on every trade, as well as forcing users to pay royalties to the creators of the collections.

Blur entered the market with one of the highest-quality airdrops. Blur did not charge users any extra fees, while at the same time offering a more technologically advanced and user-friendly interface compared to OpenSea.

As a result, Blur destroyed OpenSea in six months, outperforming it in terms of users and transactions. Opensea's NFT marketplace revenue dropped by 200x from $387 million in January 2022 to $1.9 million in November 2023.

How to market play?
Blur is the beta play for Blast. The Blast network will launch at the end of February. The team has skills in marketing and market making, so closer to the launch of Blast the BLUR price action should be hot. However, the price has not cooled down enough after the Blast announcement, and TVL is still increasing.

08/12/2023

🧭Token dissection. MKR
How to build a Web3 bank?

MakerDAO is a decentralized protocol on Ethereum that issues the $DAI stablecoin and offers borrowing, lending, and savings, denominated in $DAI. Basically, it is Web3 bank.

💻$MKR tokenomics:
▪️Standard: ERC-20
▪️Circulating supply: 918,769 MKR
▪️Total Supply: 977,631 MKR
▪️Current Market Cap: ~ $1.3 billion
▪️Current price: ~ $1430
▪️All-time high: $6339

— How does it work?

— How to market play?

➡️Find out here:

How to build a Web3 bank

01/12/2023

🧭Token dissection. PYTH
Do we need another oracle?

Pyth is a newly emerged Solana-based oracle network for publishing financial market data on-chain. Let’s dissect.

💻$PYTH tokenomics:
▪️Standard: SPL
▪️Circulating supply: 1.5 billion
▪️Maximum Supply: 10 billion
▪️Current Market Cap: ~ $570 million
▪️Current price: ~ $0.4
▪️All-time high: $0.6544
▪️Token allocation: Move&Earn – 30%, Treasury – 30%, Private Sale – 16.3%, Team – 14.2%, Public Sale – 7%, Advisors – 2.5%;
▪️Unlocks: linear, significant token unlocks (2.13 billion tokens) every year on May 20 for the next 4 years;
▪️Token sale: 10% of the supply was sold for undisclosed amounts to private investors.

Chainlink vs Pyth
A blockchain oracle is a service that connects protocols to the outside world to transfer information in and out of it. One of the key uses is to display the price quickly and correctly. That is why speed is a critical factor of success. Because more and more applications require data updates in seconds and even microseconds. In this respect, Pyth has an advantage over Chainlink because it is built on the Solana network, which is faster than Ethereum.

And here we face the classic dilemma: market adoption versus speed. Ethereum (Chainlink) has a larger ecosystem compared to Solana (Pyth), so regardless of the speed, companies may choose the first option to have access to more customers. Network effects are hard to overcome, but we have examples...

➡️Read the rest in our blog:

Do we need another oracle?

23/11/2023

🧭Token dissection. GMT
From StepN towards Gas Hero

GMT is the main token of the most famous Play2Earn game StepN, which launched and gained popularity at the end of the previous bull cycle in early 2022. The peak of hype was interrupted by the collapse of Terra, which affected the entire industry, including StepN. But the team hasn't given up and is preparing something more ambitious for the next bullrun.

💻$GMT tokenomics:
▪️Standard: ERC-20
▪️Circulating supply: ~1.382 million
▪️Maximum Supply: 6 billion
▪️Current Market Cap: ~ $380 million
▪️Current price: ~ $0.27
▪️All-time low: $0.1
▪️All-time high: $4.11
▪️Token allocation: Move&Earn – 30%, Treasury – 30%, Private Sale – 16.3%, Team – 14.2%, Public Sale – 7%, Advisors – 2.5%;
▪️Unlocks: linear, Private Sale token unlocks began in February 2023;
▪️Token sale prices: Private sale at $0.005 per token and Public sale at $0.01 per token. Overall, there were 1.38 billion of GMT token sold.

Originally, STEPN introduced a dual-token model with a governance token GMT and a utility token called GST. While GMT is where investments allocated, GST is a reward token with unlimited supply and different performance on multiple blockchains.

From StepN towards Gas Hero
The success of StepN expanded beyond Web3, with people who knew nothing about cryptocurrencies running around with digital sneakers. StepN got the true mass adoption that capped off the bear market. Is the team capable of repeating the success? They can with the new, groundbreaking project...

➡️Read the rest in our blog:

From StepN towards Gas Hero

16/11/2023

🧭Token dissection. Gains Network
Maximizing Real Yield

GNS is the utility token of Gains Network which has become one of the market leaders in real yield along with GMX. Let’s look closer at it.

💻$GNS tokenomics:
▪️Standard: ERC-20
▪️Circulating Supply: ~30.45 million GNS
▪️Current Market Cap: ~ $120 million
▪️Current price: ~ $4
▪️All-time low: $0.259 (November 2021)
▪️All-time high: $12.45 (February 2023)

GNS has been net deflationary since inception, with an initial max supply of 38.5 million. GNS supply has reached its low at 28.5 million in April 2022, and has settled around 30 million until a recent token restructuring increased the supply to 33 million.

Read the rest here:

Maximizing Real Yield

09/11/2023

🧭Token dissection. ORDI
Meme token on Bitcoin

ORDI is the first BRC-20 token minted on Bitcoin blockchain. Let’s look a bit closer into it.

It's always important to be first. Bitcoin is the first cryptocurrency, Ethereum is the first smart contract platform; both are the most successful representatives of their kind.

Read the rest here:

Meme token on Bitcoin

02/11/2023

🧭Token dissection. RNDR
Distributed GPU rendering

RNDR is the utility token of Render Network, the project that enables users to contribute their unused GPU power to help projects render motion graphics and visual effects and receive RNDR for that.

➡️Find out why RNDR tokenomics:

Distributed GPU rendering

26/10/2023

🧭Token dissection. RIF
High-beta asset for Bitcoin with shady tokenomics

RIF is the utility token for Rootstock Infrastructure Framework, a service layer built on top of the Rootstock (RSK) sidechain of Bitcoin. RIF offers tools and technologies, like wallet, rollup, relay and name service.

Although CoinMarketCap shows that all tokens are in circulation, this diverges from what is written in the RIF whitepaper in the Token Sale Details section. According to the Whitepaper...

➡️Find out why RIF tokenomics is shady:

RIF is the utility token for Rootstock Infrastructure Framework, a service layer built on top of the Rootstock (RSK) sidechain of Bitcoin. RIF offers tools and technologies, like wallet, rollup, relay and name service.

24/10/2023

So far, 12Swap has integrated 7 blockchains, shown as follows: Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, and Arbitrum One.

Check them out on ➡ 12Swap (https://12swap.io/) ⬅

The team is currently working on adding more chains, including all Ethereum rollups and non-EVM chains, like Solana. The amount of available DEXes is increasing by every update, providing the deepest liquidity to ensure our users can trade low liquidity tokens without any price impact.

ℹ️Important Notice: Cross-chain swaps is currently on Beta. Please use Polygon and BNB routes.

12Swap is a simple all-in-one DEX and bridge aggregator.

19/10/2023

🧭Token dissection. Trader Joe
Main Avalanche-based DEX token

JOE is a governance token that also rewards its holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model.

➡️Find out about Trader Joe tokenomics and potential in our new blog:

JOE is a governance token that also rewards its holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model.