If you see someone saying it will be the next alpha defi, quickly get away from there.
DeFi is the lifeblood of crypto.
It means real users for projects.
Someone who looks at DeFi as a trend is just a hype-obsessed action addict, don't take them seriously.
The @MitosisOrg project has been operating for a long time with a $7M investment.
Now they are preparing for TGE.
They are trying to attract institutional capital like competing projects.
So how much chance do they have?
Currently, attracting the Ethereum-based ecosystem registered with ETFs is a good option.
The biggest obstacles are fees and the exchange issues between chains.
If it solves this problem, we could see an interesting performance from Mitosis when the ETH ecosystem moves forward.
Let's see what kind of TGE they will conduct?
Will the community be rewarded?
Will they be satisfied?