Post
Topic
Board Altcoin Discussion
Re: Scroll TGE announced. Could this signal bullish ETH Run?
by
fikrett
on 25/10/2024, 10:51:14 UTC
Scroll TGE has nothing to do with ETH it just another layer 2 that is kind of hype right now, the airdrop itself didn't give the user lot of allocation.
-cut-
It's literally build on ETH.

it was a flop as expected, the L2 trend faded, the L2 devs are as usual, milking their community until the last drop. it's no wonder that so many people get disappointed Grin.
I personally think thats it with staking meta. the reward never lives up to the expectation and finally we're coming to the final phase of staking meta where eventually everything become diluted and nobody getting interested anymore.

just see the marketcap of scroll



and i'm expecting this coin to go down further in price.

makes me wonder why the ZK based L2s in general are just massive shitfest Grin.
While airdrop itself was a fiasco, this is not about scamming/milkng community or about a trend. Markets might think that L2:s are about a trend, i see this as being about development, and every contribution of eth or eth layer 2 development counts. Especially when team is full of geniuses like with Scroll.

And what's the alternative here? If they would have build new L1 for some reason, would people said that there's so many L1:s that no one has any reason to build new experimental and unsafe L1, because their solution could be implemented on existing L1? Because it's contribution for the same boat everyone is on already, towards the greater good.

Yeah, at least the project is there, it's not like Scroll was a meme that did it only for the hype or something, however, the allocation, as far as I heard from people, wasn't that good.
Some only got back what they've spent on fees  Grin