$AZUR will be one of the biggest launch in prediction market history
They are launching at FDV 75M way below the valuation that was raised from VCs/private rounds
Azuro basically just f*** VCs over and goes full community focused
Here's why I will be aping $AZUR 👇
@azuroprotocol has proven itself as a leading onchain predictions protocol, with:
• $380M+ volume
• 5M+ txns
• 28 apps generating $3.2M+ in revenue
• Regularly a top revenue generator on Polygon & GnosisChain
Narrative wise Azuro absolutely nailed it:
• Vitalik is bullish on prediction markets and with protocols like @azuroprotocol, it gives crypto a good use case.
• Azuro's Q3 volumes already at $145M, exceeding @PolymarketHQ's $134M.
• Sports season incoming with major catalysts like EURO 2024 & Copa America.
From an investment perspective, $AZUR stands out for its:
A) Token distribution
• 15.2% circulating supply at launch, with 37.5% allocated longterm for ecosystem development
• Conservative $11.4M initial MC with a 75M FDV, based on $0.075 public price (lower than what VCs got in so they wont be dumping on you)
• Pre-market is already trading at 180M FDV, more than 2x its initial TGE price
• Launching on Ethereum mainnet Uniswap v3 & CEXs
• $AZUR incentives for AZUR/ETH LP positions
B) Long-term token incentive alignment
• No VC/team tokens unlocked at TGE
• 6-9 month of locked up tokens for investors
• 24-30 month linear vesting schedules for core stakeholders
C) $AZUR token utility
• Vote on governance proposals such as General risk management frameworks, New product prioritization, Ecosystem and Community grants, and others.
• Powering spread-free, house-edge-free liquidity pools
• Enabling lucrative "SuperCombo" games & jackpots
• Dynamic rewards for ecosystem participants via staking
I am confident that with its proven traction, carefully considered tokenomics, and powerful utility, $AZUR will be the leading ecosystem for onchain betting & predictions.