Tag Archives: release

New Crypto Trend: Trading Tokens Before Release

New Crypto Trend: Trading Tokens Before Release

A new trend is taking off in the cryptocurrency community — as investors start to purchase tokens before waiting for them to hit the markets.

In a fast-paced industry, being an early investor is a crucial step as it allows individuals to potentially capitalize on significant price appreciation as innovative projects gain traction and adoption.

And now, investors are finding ways to start buying before the firing pistol has signaled the start of the race.

Here’s everything you need to know.

Key Takeaways

  • Investing in tokens before their release allows investors to potentially benefit from significant price increases as projects gain traction.
  • Platforms like AEVO and Hyperliquid have introduced new opportunities to speculate or hedge against future token prices, marking a shift from traditional ICOs to more dynamic pre-token trading environments.
  • Pre-token and point market sales have seen $50 million in trades despite low liquidity.
  • The pre-token and point markets are heavily dominated by buyers, a sign of potential investor confidence.
  • Despite the enthusiasm and high trading volumes, these markets face challenges such as lower liquidity and higher volatility compared to post-TGE markets.

Pre-Token & Point Markets Take Off

Until recently, investors could purchase cryptocurrencies prior to their official launch through their initial coin offering (ICO), a fundraising mechanism used by new decentralized finance (DeFi) projects to raise capital by selling tokens to investors prior to a project’s full development.

This allows anyone to speculate on or hedge against the price of a token before its launch, creating a new era of crypto investing.

In short, pre-token and point markets are platforms that allow people to buy or sell the promise of receiving tokens or points at a future date, often before the official release of the token.

Such markets are divided into two main types: one where trades are settled with cash and another where the actual tokens or points are exchanged. Such a setup lets investors speculate on the future value of tokens or points, potentially profiting from changes in their price before they become available.

According to Anndy Lian, an inter-governmental blockchain adviser, by participating in pre-sales, investors get the opportunity to directly support the development and growth of new projects, as well as create a sense of community and alignment with the project’s goals.

He said:

“This community effect can drive demand as more people become involved and invested in the token’s success. Effective marketing campaigns can generate significant hype around a token before its release, leading to increased demand as investors don’t want to miss out on what is being promoted as a promising opportunity.”

A Keyrock report released on April 30 uncovered that the crypto community has seen a notable surge in interest and participation in these pre-tokens and point markets with $50 million already being traded.

This high level of activity reflects a growing enthusiasm among investors to engage with new crypto projects at an early stage.

The markets predominantly cater to buyers, with the majority of orders coming from users eager to purchase tokens or points ahead of their public release. This eagerness is driven by the potential for high returns on investments as token values can increase significantly upon official launch.

Pre-token & Point Markets See Higher Buyer Dominance

According to the Keyrock report, the markets showed a pronounced buyer dominance, with most tokens analysed displaying a higher buying than selling volume.

This trend suggested that investors were more interested in acquiring tokens rather than selling them, believing in the potential for token value appreciation after their Token Generation Event (TGE).

The report highlighted:

“Most tokens exhibit a buying volume significantly higher than the sell volume. Only 5 out of 57 tokens that have been traded on Whales Market show a selling volume that exceeds the buy volume. Participants in Whale Markets demonstrate a strong preference for buying tokens, points, and runes.”

Data on buying vs selling tokens from Whales Market. Source: Keyrock Data Intelligence
Data on buying vs selling tokens from Whales Market. Source: Keyrock Data Intelligence

Data on buying vs selling tokens from Whales Market. Source: Keyrock Data Intelligence

Liquidity Remains Low

Despite optimistic trading volumes, pre-token and point markets still face challenges related to liquidity.

The Keyrock report highlighted that compared to traditional post-TGE markets, pre-token and point markets are relatively less liquid, meaning they have relatively fewer buyers and sellers, which could lead to price volatility and make it harder to execute larger orders without affecting the market price.

Additionally, sometimes the demand for a pre-release token is driven more by hype and marketing than by the project’s fundamentals, which could lead to an inflated valuation that does not reflect the token’s true worth, Lian explained.

“Projects that prioritize transparency, communication, and community trust are more likely to succeed in pre-release trading. Investors will gravitate toward projects they believe in.”

Technical issues could also serve as a major potential risk in purchasing cryptocurrencies before they fully launch since the technology behind the asset is only just being developed.

The Bottom Line

As the landscape of pre-token and point markets continues to evolve, strategic considerations and forward-thinking approaches are essential for both investors and project developers.

The surge in trading volumes and the enthusiasm observed in these markets suggest a robust interest in early-stage investment opportunities.

According to Lian, this has been an ongoing trend since the beginning of the crypto ICO period, and the act of trading tokens before their official release is likely to continue into the future as well. However, investors should exercise caution when investing in new projects and never invest money they cannot afford to lose.

 

Source: https://www.techopedia.com/news/exploring-crypto-pre-token-and-point-markets

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Cristiano Ronaldo to release NFTs, experts say this is just the beginning

Cristiano Ronaldo to release NFTs, experts say this is just the beginning

Even as Manchester United star Christiano Ronaldo inked a multi-year partnership with cryptocurrency exchange Binance to release his NFTs, experts are of the opinion that the deal will set a precedent for other sports icons to join the bandwagon.

NFTs are rapidly gaining traction across the world as scores of celebrities are endorsing the digital tokens, either by minting their own collections or purchasing them at high prices.
Celebrities such as Paris Hilton, Snoop Dogg, and Tony Hawk have already endorsed NFTs, with the Portuguese football star becoming the latest member of the club.

“Ronaldo is a top-class current football legend with hundreds of million followers across all social media. His NFT would surely be sold-out in seconds when launched and the over subscription will flow to the secondary market creating another round of hype,” Anndy Lian, Chief Digital Advisor, Mongolian Productivity Organization, said.

When asked to predict an estimation of Ronaldo’s NFTs value, Lian said if there are unique pieces with special rights, a few hundred thousand will not problem. “This price range is taken with the current market reference for NFT and prices of Ronald’s collectibles,” he says.

Lian said signing big Intellectual Properties like this is also part of a bear market strategy and that there is a need to bring in non-crypto new blood to support the market now.

“I am also curious what the other centralized marketplaces such as Bybit for instance would do next to grab their share of the pie,” he said.

Responding to another query, Lian predicted that either South Korea-based K-Pop supergroup BTS or basketball player LeBron James could be the next in line to launch NFTs.

Raj Kapoor, the chief advisor of crypto advisory firm Acryptoverse, suspects Binance needed this partnership with Ronaldo to possibly bring value to BSC and begin increasing its (https://www.livemint.com/news/world/bill-gates-says-cryptocurrencies-nfts-are-greater-fool-theory-type-of-investments-11655262148828.html market share.
Asked to estimate the value of Ronaldo’s NFTs collection, Kapoor says guesstimating is dangerous but if one goes by the thumb rule, a few more zeroes are going to be added soon to his net worth.

“Ronaldo would be raking in upwards of $5 million with this new partnership and I am being conservative,” Kapoor says and predicts that “media favorite Lionel Messi, would soon be the next NFT darling.”

Kapoor says worth over $420m, Messi remains a popular figure with an unparalleled fan following and that he would not be surprised if his next big goal would be in the NFT space.
Germany-based Aliasgar Merchant, founder of ‘Learn Web3 With Us’ says launching and promotion of NFTs is an indication of the overall adoption of the web3 space, however, it might also be an underrepresentation of what NFTs are capable of doing.

“Predicting the kind of sales Ronaldo’s NFTs will make is a long shot, given the bearish crypto market sentiments prevalent. Previously, Snoop dog made around $100,000 from his NFT sale. I would predict something around that range for Ronaldo too, given the conditions of the market don’t deteriorate,” he says.

Merchant further said the trend of launching NFTs by celebrities is skyrocketing and that this is just the beginning for sports icons to join the trend.

“If I had to make a guess, I would predict Neymar and Novak Djokovic would be next in line,” Merchant says.
Tapan Sangal, founder and Chief Evangelist of P2E Pro, a technology company, said while the initial offer price for his collection would be driven by his fan fervor, once the pixie dust settles, sustaining the same would be subject to demand and supply influences in the NFT marketplace.

“The important question that needs to be answered is as to how will his loyal fans turned investors be safeguarded when brutal market forces, agnostic to Ronaldo’s fandom, come into play, in the seemingly unsecure NFT zone, which promises ownership of an authentic Ronaldo moment,” he says.

Sangal predicted Lionel Messi, Neymar, Mohamed Salah or even Pele could be the next in line to come up with their own NFT collections.

 

Original Source: https://www.livemint.com/news/world/football-legend-cristiano-ronaldo-to-release-nfts-experts-say-this-is-just-the-beginning-11656309600307.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Revealed: Ronaldo Could Easily Make $5 Million From NFTs Say Experts

Revealed: Ronaldo Could Easily Make $5 Million From NFTs Say Experts

Thanks for taking my comments. I have added my full comments here too:

“Ronaldo is a top-class current football legend with hundreds of million followers across all social media. His NFT would surely be a sold-out in seconds when launched and the over subscription will flow to the secondary market creating another round of hype.

Price is never an issue. A mystery box like this costing a few hundred is ok for the general fan base. If there are unique pieces with special rights, a few hundred thousand will not problem too. This price range is taken with the current market reference for NFT and the prices of Ronald’s collectibles.

Firstly, the more interesting thing that I would like to find out is how many of his fans are actually flowing into the Binance NFT market. Signing big IPs like this is also part of a bear market strategy, there is a need to bring In non-crypto new blood to support our market now.

Secondly, I am also curious what the other centralized marketplaces such as Bybit for instance would do next to grab their share of the pie. Maybe BTS or LeBron James next?”

_____________________________________________________________

 

Revealed: Ronaldo Could Easily Make $5 Million From NFTs Say Experts

    • Ronaldo would be raking in upwards of $5 million from his NFT say experts
    • They predict Ronaldo will set a precedent in launching NFTs
    • Celebrities like Paris Hilton, Snoop Dogg and Tony Hawk are already endorsing NFTs

    Even as Manchester United star Christiano Ronaldo inked a multi-year partnership with cryptocurrency exchange Binance to release his NFTs, experts are of the opinion that the deal will set a precedent for other sports icons to join the bandwagon.

    NFTs are rapidly gaining traction across the world, as scores of celebrities are endorsing the digital tokens, either by minting their own collections or purchasing them at high prices.

    Celebrities like Paris Hilton, Snoop Dogg, and Tony Hawk are already endorsing NFTs, with the Portuguese football star becoming the latest member of the club.

    NFTs will be sold out in seconds

    “Ronaldo is a top-class current football legend with hundreds of million followers across all social media. His NFT would surely be sold-out in seconds when launched and the over subscription will flow to the secondary market creating another round of hype,”

    Anndy Lian, Chief Digital Advisor, Mongolian Productivity Organization, said.

    When asked to predict an estimation of Ronaldo’s NFTs value, Lian said if there are unique pieces with special rights, “a few hundred thousand without problem” and that this price range is taken with the current market reference for NFT and prices of Ronald’s collectibles.

    Lian said signing big Intellectual Properties like this is also part of a bear market strategy and that there is a need to bring in non-crypto new blood to support the market now. “I am also curious what the other centralized marketplaces such as Bybit for instance would do next to grab their share of the pie,” he said.

    Responding to another query, Lian predicted that either South Korea-based K-Pop supergroup BTS or basketball player LeBron James could be the next in line to launch NFTs.

    Binance needed this partnership

    Raj Kapoor, the chief advisor of crypto advisory firm Acryptoverse, suspects Binance needed this partnership with Ronaldo to possibly bring value to BSC and begin increasing its NFT market share.

    Asked to estimate the value of Ronaldo’s NFTs collection, Kapoor says guesstimating is dangerous but if one goes by the thumb rule, a few more zeroes are going to be added soon to his net worth.

    “Ronaldo would be raking in upwards of $5 million with this new partnership and I am being conservative,” Kapoor says and predicts that “media favorite Lionel Messi, would soon be the next NFT darling.”

    Raj Kapoor, chief advisor at Acryptoverse

    Kapoor says worth over $420m, Messi remains a popular figure with an unparalleled fan following and that he would not be surprised if his next big goal would be in the NFT space.

    Just the beginning

    Germany-based Aliasgar Merchant, founder of ‘Learn Web3 With Us’ says launching and promotion of NFTs is an indication of the overall adoption of the web3 space, however, it might also be an underrepresentation of what NFTs are capable of doing.

    “Predicting the kind of sales Ronaldo’s NFTs will make is a long shot, given the bearish crypto market sentiments prevalent. Previously, Snoop dog made around $100,000 from his NFT sale. I would predict something around that range for Ronaldo too, given the conditions of the market don’t deteriorate,”

    Aliasgar Merchant, founder of ‘Learn Web3 With Us’

    Merchant further said the trend of launching NFTs by celebrities is skyrocketing and that this is just the beginning for sports icons to join the trend. “If I had to make a guess, I would predict Neymar and Novak Djokovic would be next in line,” Merchant says.

    Sustaining prices subject to demand and supply influence

    Tapan Sangal, founder and Chief Evangelist of P2E Pro, a technology company, said while the initial offer price for his collection would be driven by his fan fervor, once the pixie dust settles, sustaining the same would be subject to demand and supply influences in the NFT marketplace.

    “The important question that needs to be answered is as to how will his loyal fans turned investors be safeguarded when brutal market forces, agnostic to Ronaldo’s fandom, come into play, in the seemingly unsecure NFT zone, which promises ownership of an authentic Ronaldo moment,”

    Tapan Sangal, founder of P2E Pro

    Sangal predicted football players Lionel Messi, Neymar, Mohamed Salah, or even Pele could be the next in line to come up with their own NFT collections.

Original Source: https://www.banklesstimes.com/news/2022/06/24/ronaldo-could-make-5million-from-nfts-say-experts/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j