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In recent months, many projects have been launched one after another. Here is a comparison of five popular ones.
First is ADI Chain, a Middle Eastern background L2 chain solution with a relatively small circulating supply. The participation window for the first round is from mid-December to late January. The top 100 participants can share a $50,000 reward. From a blockchain perspective, it still has some unique features.
Next is Solstice, which focuses on RWA staking. The Legion ecosystem previously launched a new project, and the participation rate was quite high. The TGE is expected to occur between January and February next year. The rule is that participants can share 1% of the total token supply. Based on Legion's current valuation, this portion of tokens could be worth over $13 million, which is quite significant for each participant. The project's stablecoin USX experienced a decoupling issue some time ago, but it has now stabilized and returned to normal.
Xyber is an AI track project. It is not very well-known, and its actual user experience still needs improvement. The project's risk tolerance also requires observation. The participation period is from early December to late February. The reward pool is 250,000 USDT, with a multiplier mechanism—staking one Lumira NFT grants a 0.1x weighting. This design is quite interesting.
Mezo is positioned as a Bitcoin L2 sidechain solution, similar in operation to Goat Network. These BTC ecosystem-based scaling solutions have recently attracted considerable attention. The first round of participation is from early December to late January. The top 100 users can share $200,000.
Finally, IOP Network is currently in the testnet phase. Competition is fierce. The project is an AI track L1 public chain. The third round of participation runs from late December to late January, with a chance to share $100,000 worth of IOP tokens. Based on the activity on the testnet, participation is indeed very high.
Mezo feels like the real deal. With the BTC ecosystem so hot right now, the top 100 is worth $200,000.
I didn't quite catch ADI's Middle Eastern background at first. Does anyone know the real situation of this chain?
Is the IOP testnet really that competitive? Should I go and check it out...
Xyber's AI track is now everywhere. The risk needs to be carefully assessed.
If I had to choose between Mezo and ADI, I prefer the former; the BTC ecosystem is more reliable.
With such high participation in IOP, competition is definitely fierce, and I don't really want to follow the trend.
Mezo and Goat have similar strategies. The BTC ecosystem stuff is indeed hot, and the competition for the top 100 will be fierce.
That AI project from XYBER, the experience isn't great, and they even have to use NFTs to boost weighting... The risk is too high.
If I had to choose between Mezo and ADT Chain, I prefer the former. The BTC ecosystem is really hot right now.
XYBER's NFT multiplier design is quite good, but I'm worried it won't be able to sustain the momentum later on.
ADI has a small circulating supply and Middle Eastern background... unlikely to make it into the top hundred, everyone.
Mezo is popular because of the BTC ecosystem; this wave is indeed hot, but dividing $200,000 among 100 people is a bit stingy.
IOP testnet is so popular that TGE might end up being a mess again.
Xyber's NFT multiplier is okay, but I'm worried the project itself might drag it down.
Mezo and ADI are still okay, but the competition among the top hundred is probably going to be fierce. I'm actually a bit interested in Xyber’s NFT multiplier mechanism, although the project itself is quite obscure in terms of popularity.
Is the IOP testnet so competitive? Then I’d better hurry and give it a try. Is there still a chance in the L1 public chain race?
Mezo's recent BTC ecosystem activity is indeed hot, but it feels like too many are just riding the wave.
XYBER's NFT weighting looks exhausting to me; it's better to just go all-in for a more satisfying experience.
ADI Chain's low circulation is actually a plus; how's the Middle East market doing?
IOP's testnet is so intense, will the TGE underperform?