Bullish on ZetaChain, less so on the $ZETA launch.
ZetaChain is still in the development phase, but it boasts a significant number of projects being built on its platform. The OKX Partnership is a strong indicator that ZETA is likely to be listed with Tier 1s at the TGE.
While the platform itself is robust, I am not too happy about the branding and the name. Am not happy they claim to have 44k+ deployed dApps "contracts", it's worth noting that this figure includes various test contracts and other non-relevant contracts on their development network.
Rumors are circulating that ZetaChain will transition from their points system for development network activity to a highly anticipated large airdrop. This move could potentially put ZetaChain ahead of Axelar in terms of adoption once they launch their mainnet and token (mainly because Axelar has no-to-little adoption).
Regrettably, there is a lack of information on the token itself and its tokenomics. This lack of clarity makes it challenging to determine whether one can enter at a reasonable price or if the token will experience a pump in price due to high interest from the airdrop, followed by a subsequent dump.
Without an airdrop, I would likely not enter the project "early," although my overall sentiment remains bullish in the long term. They've raised a significant amount of money from VCs so I expect MC at listing will be very high. Show Less
