The title is not clickbait, I really think so for a lot of reasons, firstly, Vitalik Buterin publicly wrote about this project in a positive way, the project already has, most likely, huge amounts of investment that have not yet been announced, tier-1 funds have signed up for the project.
🧠 Taiko Labs (https://taiko.xyz/) is an Ethereum-equivalent ZK-Rollup that scales Ethereum by supporting all EVM opcodes (what?) in a layer-2 architecture that is decentralized, permissionless, and secure. The Taiko Labs team received thanks from Vitalik Buterin (https://twitter.com/VitalikButerin/status/1588708049359089664?s=20&t=VgR3_UTofQ9qoJVxBfFdUg) for the important pioneering work they are doing with the ZK-EVM. This is what gave me the mega-green flag for the project. Still, our Vitalik is not the last person in cryptocurrency.
The project is really gem and I’m almost convinced that it will collect $100 million+ investments and everyone will hunt its every activity, as happened with Aptos, which I wrote about here (https://t.me/igorizuchaetcrypty/416), as it is a project which will make you rich - and you know, he did, $2100 from one node is strong. Here, it seems to me, the story may be similar, so we are all waiting for the second stage of the testnet, which will be in a week, and in fact, we will install a node.
In addition to installing a node, how can I claim a drop of the project’s token?
If you have studied the project in detail like me, you should know this information, and if not, then I’ll tell you that the head of the Taiko project is actually Daniel Wang (https://www.youtube.com/watch?v=EVbgBmocD7g), who previously founded a quite successful working and most importantly useful project for the average user called Loopring (https://loopring.io/#/) - this is the first scalable DEX protocol created using zkRollup for Ethereum, then they decided to move on and came up with the idea Taiko. Many people who were investors in Loopring were outraged. Daniel Wang, as director of LRC, left that year and took Zk-EVM (Taiko) with him. And here we guys, investors in LRC, are indignant, they say, we bought a token with the hope of a cool EVM, and then Daniel Wang leaves, took his technology with him, the men began to be bullied. Then, in the second quarterly report (https://loopring.org/#/post/loopring-quarterly-update-q2-2022) an article is published stating that Loopring will be an important component in the creation of the Taiko network and the distribution of Taiko tokens, which will be called $TKO, not to be confused with the Binance shield. After this, everyone had hope, but no one knows exactly how the tokens will be distributed in the Loopring community. Initially, in the article to which I linked above, it was written that the $TKO token will be distributed in part among the holders of the Loopring token, namely $LRC (https://coinmarketcap.com/ru/currencies/loopring/), which by the way has listing on Binance, which in general indicates some level of the project. But... Then, apparently, the article was edited and the phrase “among $LRC holders” was replaced with simply “among the Loopring community”, direct quote:
"While the efforts must be separate, we are happy to share that the Loopring community will be an important component in helping bootstrap the Taiko network and token distribution. Taiko is still in the early stages; the team is focused on building the layer 2 infrastructure and will share details as they get closer to a testnet launch".
🥶 Why am I all this? I think it's simple. Some part of the $TKO tokens can be obtained by being part of the Loopring community, what do I see by this? First, be a holder. Is it enough to just hold $LRC coin on Binance? No idea. I bought $LRC 100% and made a deposit on Loopring Wallet, this is the official Loopring DEX wallet, you can download it to your phone in the Play Market/App Store. Secondly, in Loopring Wallet there is an opportunity to do swaps/transactions, suddenly the people who made transactions in their Loopring L2 network will be given tokens for the Loopring Wallet itself. Thirdly, the wallet itself contains some Loopring Points that can be collected. This is all my theory, I made it up. I don't know how it will actually be. Holding a lot of $LRC and buying it is your choice, but the market personally does not allow me to do this, I bought for $100.
What did I do?
— Bought on Binance $LRC at $100
— Downloaded the wallet (https://loopring.io/#/wallet)
— I deposited $LRC tokens there (ERC20, the address is taken from the wallet). — Initially, the wallet is not activated, to activate it they will take about $20 from you, Loopring does not take this money for itself, this is called contract deployment. It will take time until the wallet is activated, then you will need to confirm the debiting of funds and wait some more.
— Then, I transferred money from Ethereum L1 to Loopring L2, made a couple of swaps from $LRC to $ETH and back. ~$10 commission for everything. Bottom line: I am a fully active Loopring user and should be eligible for the $TKO drop.
Perhaps I’m wrong and did something stupid, or perhaps an unaccepted genius, but if I get a lot of Taiko tokens in my pockets, I’ll make a post where I ask for retribution, as they say.
