In the coming days, you will find that you will frequently brush up on an item GOAT @GOATRollup
But my advice: don't touch, let alone
🔶 What is GOAT🟢
GOAT Network is a sustainable BTC yield chain powered by a decentralised sequencer that uses multi-currency PoS, which is simply the L2 of BTC.
🔶 Why I don't recommend touching
1⃣Goat is a pure Chinese team, don't think I discriminate against Chinese projects, you can take a look at the 2 projects they have done before, ZKM and Metis, there should be no money to make money from these two projects, and the team members of these three projects also have a high degree of overlap;
2⃣GOAT says it's BTCFi, but in fact, merlin is the same as B2, it's a pseudo-BTC L2 based on EVM, so are you still interested in saving money???
3⃣GOAT itself does not have any financing, its developer ZKM has 5 million dollars in financing, but Goat is claimed to be valued at 120 million dollars, where does it come from confidence;
4⃣The GOAT conducted an IDO on June 3rd, and it seems that the results are not very good. said that he was going to do a second IDO. What's the matter, if you can't raise money, you will continue to IDO.
5⃣ I've seen this project a long time ago, and it's said that it's almost TGE, so there's not much point in you saving money now.
🔶 Why I don't recommend mouth jerking
1⃣ In terms of the current popularity of Goat and the financing (IDO) situation, I think the valuation of 50 million is too much. The cooperation between GOAT and Kaito is a 1% reward, which is distributed to the yappers and the kaito ecosystem (most likely the staker), that is, 500,000 dollars, then the reward for mouth masturbation is 250,000 U calculated by half.
2⃣ If you think that 250,000u is a lot of rewards, then good, these rewards will be distributed in phases 6 months after TGE, do you still want them?
3⃣ If tomorrow TGE, you only have to mouth 6 months. Assuming that these 6 months are evenly distributed, 40,000 dollars per month, take the top 100, 400U per person, well~~~
4⃣ If after 2 months of TGE, do you need to mouth for 8 months, and each month is? It's too much for me to calculate.
🔶 Leave yourself a way back
In the cryptocurrency circle, whether a project can succeed or not, sometimes the product is not important at all. Even if you don't have a product, as long as you market NB, you can still bring everyone to make money.
In case Goat's marketing team is very awesome, and the market value of TGE directly reaches 1 billion, it will be cool.
Show original

10
13.22K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.