Working on Substrate since 2018, won a grant from Web3
Have already built their substrate version of the network, they are just waiting for cumulus to be ready. That means they will be of the first and few teams to be 100% ready when Polkadot launch, and they will apply for Parachain both on Polkadot and Kusama.
Now let's come to the most interesting part: token as a total supply of 10 Million, as you can see on Etherscan,but take a look at the holders: 7M tokens are blocked in a team contract and the team revelead that will be sold in a ICO when eth 2.0 will be released (several months or even years); 2M are in another contract that is team multisig (up to now nothing was sold, I don't think they are scammers); then 937k tokens are in another contract. Let me explain better this point: in 2017 there was an ICO in which they sold 1M of AIRA tokens, a old version of XRT. Then, at the end of 2018, they gave the possibility to switch aira for xrt. Up to now, only 60k tokens out of 1M have been converted, I think that the majority of them have been lost, almost 3 years have been passed.
ONLY 60000 COINS AVALAIBlE NOW
This means that with the price trading at 1.10$ on Uniswap, MARKET CAP IS JUST 66000$!
Even if supply will increase in the future, it will happen in a long time and a lot of tokens have been lost forever according to me. The project will get a huge visibility at Polkadot launch, with a lot of investors seeking opportunities in Parachain, with such a low circulating supply and liquidity, price will easily rise.
>ONLY 60000 COINS AVALAIBlE NOW This looks like pure gold, user. Even if I sound like a paid pajeet shill, I am not.
How do you know only 60K coins are circulating though? Can you read solidity or did you pull that out of your ass?
Oliver Fisher
Samefag
Ethan Ortiz
I know I sound like that, but I swear I am not.
OP, come back and tell us why you believe there's only 60K tokens circulating. that can't be true as the "holders" tab on Etherscan lists rougly 100K tokens across various holders.
Andrew Hughes
OK, counting across holders, 113K tokens are circulating.
Math depends on the role of 0x1e5ac6a2663f1501eeef5c28b7f49bb06f2a0951 - it's not a smart contract and holds 40K tokens alone. Could be the team wallet?
Downloading the info from the "holders" tab on Etherscan gives me 72875 XRT if I take out this address which is close to the 66K claimed.
It's at $1 per share and there are only 10m tokens? How do you arrive at $16m?
Charles Hall
Yes I think actually 113k is more accurate than 60k, I was trusting the admin, or maybe some wallet are property of the team. Looking on etherscan I see a lot of main holders (>3000 xrt) are sending coin each others, they may be the same people,or maybe the team.
Supply is not 16m :)
Adrian Sanchez
Still a nice find at $120K market cap. How did you find it?
Zachary Sanchez
I was looking to substrate based project, I'm a polkadot fan and I think that will shock the cryoptworld, I think investing in cheap project related to them can be a huge shot
Chase Thomas
Nice find, I am not so hot on Polkadot, more of an ETH guy. But that one could go places.
This will have the polkadot hype, minimum 50x if supply stays this low
Andrew Cox
I just like to stay humble ahahah, I think a lot of moonboy will come later with polkadot
Jason Anderson
Why the fuck should you be humble about being the first to post a project like this?
Currently with the amount of tokens there are, this is like a 100k-200k marketcap with a genius use case, but more importantly proven long term dedication to the vision from the team
Sebastian Diaz
Yes they are working since 2016, it's amazing how dedicated they are. Being partner with polkadot since 2018 is a proof they also have vision, they understood where the cryptospace was headed before the market (that is not fully aware even now imho). I was really astonished when I found out I was the only one knowing it LOL
Cameron Edwards
meh
Logan Morales
It’s good not many know about this yet, gives me a chance to buy some of these for a good price
Jaxon Turner
Fuck off nigger u don’t belong here
Oliver Young
No need to be part of the Airalab circlejerk anyway
Jace Nguyen
price is very good, but slowly will rise because new people are getting into and they find out it's not normal at this price
Joseph Hill
You weren’t invited To the circle jerk you broke bitch cotton picking nigger
What happened to old biz where NIGGERS weren’t allowed in this place?
Joshua Gray
Funny coming from a filthy curry mage
Joshua Jenkins
Anyway, the project actually sounds interesting. But looking at Darwinia network, I would rather read a bit more about this project first
David Cook
Scram NIGGER, you have no business viewing this information
Luke Robinson
Darwinia is a shit coin, don’t ever mention that filth in the same break as XRT. Do any of you faggots realize the potential size of the market this project could capture? We’re talking about 10’s of billions of dollars in the early stages you brainlets.
Evan Murphy
Darwinia is too well known and trading high. Besides they seem less serious to me than Airalab robonomics guys