is still the most undervalued project in crypto. I took the time to research Rocket Pool's humble beginnings, ambition, and where it is heading. After research, I believe it is heading to top 10.
ITT I explain why Rocket Pool
David Bennett
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Andrew Howard
xDai most undervalued
Jace Edwards
yes sirs very good coin. my village also believe top five coin this year.
Jack Powell
Shut it benchode
Hunter Barnes
1 RPL = 0.1 ETH
Caleb Walker
Let's start with the goal. To be the standard for decentralized staking pools for the highly anticipated eth 2. How did they plan to do this? Well they started in 2016 once Vitalik released the Muave paper on eth 2. This is similar to Chainlink starting on oracles years before a real need was there. So in the last 4 years, the Rocketpool team has developed a very intriguing staking service where users can stake as little as 1 eth. More info on that soon. The infrastructure is so good, it got Vitalik to tweet about their work.
Jaxon Phillips
how u no my name sir?!
Gabriel Powell
>already bounced back halfway from the dip
based rocket coin
Christian Foster
Now some things you may not know. At Edcon in 2018 Rocket Pool was invited to a Consensys after party where they were able to pitch the project to none other than Joseph Lubin.
Lincoln Morgan
forgot pic.
Isaiah Taylor
Shortly after the pitch, Consensys knew they had to get a piece of Rocket Pool. Adding to the RP resources in what is setting up to be the defacto eth 2 staking pool platform.
Samuel Stewart
This isn't something Consensys just threw money at. Conensys and other large entities will run trusted nodes on the decentralized network.
Noah Reed
If you think Rocket Pool is just a Staking pool service, you're wrong. Rocket Pool is a decentralized infrastructure setup in a way to allow any company or staking service to tap into. Many people staking eth with services will be using Rocket Pool without them even knowing.
Jack Bailey
Rocket Pool also has a secret weapon, rETH. What is rETH? rETH is a token that represents locked ETH on ETH 2 chain for Rocket Pool users. This rETH provides the much needed liquidity for node operators and eth stakers during eth 2 phases 0 and 1.
Expect to see rETH traded on uniswap, borrowed on aave, and on other defi protocols for collateral etc. Once other staking services, exchanges, and wallets integrate Rocket Pool, rETH will be the standard token representing eth 2 ETH.
Nathaniel Gonzalez
What about token supply and how much RPL does the team have to dump to fund operations? Well the team only has about 2 million or 10% of the supply. This is minimal compared to projects like chainlink where the team has 65% and dump 500-700k regularly. In fact, Rocket Pool has a profit model in the protocol and have skin in the game when it comes to the success of the project. Rocket Pool takes a tiny less than 1% fee from the eth 2 rewards for continued operations and developments. In this case, the Rocket Pool team is in it with the RPL holders. Their business is not dumping inflated price tokens but building and running a successful decentralized platform.
Nathaniel King
But RPL has been pumping lately, it's going to retrace. RPL was criminally undervalued and it is barely above its ico price. The usecase, development, and timeline to eth 2 are perfect.
Nathan Adams
Absolutely fucking based user. We are going to make it.
Alexander Taylor
How many people know and hold this gem? Literally only 2,149 people hold rpl. This was like 1600 only 2 weeks ago. Word is getting out but if you compare this to anything else you'll realize how under the radar this thing is. These 2k holders aren't really sellers either, see most have been low key accumulating in the shadows. Sure, some will take profits, but not most.
Ayden Sanchez
DPoS a shit.
Tyler Smith
What about community? I just started hearing about Rocketpool?
The Rocketpool community is thriving with at least 10-20 people joining the official discord each day. There are conversations about the tech, token, and whatever else. Not going to link it but the discord invite is on their homepage. There is also an unofficial telegram that is gaining members daily. Aaah it reminds of the good ole chainlink days
Parker Jackson
What about hype? Well there is a beta coming up at the same time eth 2 hype is building. I expect this beta to be huge. Also, if you check $rpl tag on twitter, you'll start to notice an uptick in activity. Rocket Pool is slowly but surely becoming a household name .
Zachary Carter
While btc just puked, so did rpl, except it got bought back up almost instantly. We are watching pure accumulation
Parker Sullivan
sip sip
you know who I am. I'm drinking tonight, around if you have questions
Jeremiah Young
new/poorfag from thirdworld here.
just bought 25 rpl, u better take me to moon.
Isaac Evans
Over 4k RPL here.
Aiden Nguyen
nice anons. If you have any questions holler
Connor Bailey
Is there a rush to buy right now? Another week and I'll have money to throw at it. I love the concept but it just pumped like crazy
David Ross
Things might cool of because the rest of the market just took a dump but you never know. I doubt it's going much below $2 again though
Owen Carter
This
Benjamin Bailey
its gonna go sub .50 when people realize theres no use for it until 2021 at least
Alexander Robinson
What are the tokenomics? Is it kind of a linkpool thing where we share in the fees for stakers?
Logan Nguyen
I see rpl as the strongest fundamentally for 2020. Not recommending timelines, but there are catalysts including eth 2 news, the upcoming beta, etc that should really make headlines and hype the project. I understand it seemed like it pumped, which it did, but it pumped from 7mil, its still on the 2nd page of coinmarketcap at 30 mil. Projects that have 10x the valuations are shittier.
Anthony Nguyen
which puts it's current valuation at $18.