Investing in right narratives early; Glue aims to be the next

WHY IT MATTERS

Stories shape public views, affect investment choices, and can drive the use of crypto. When new projects emerge to solve fresh ideas, the crypto market often moves towards these trends, leading to price increases.

The main reason people invest in crypto is to make money, and the key to achieving this is knowing where to find opportunities and getting involved early.

HOW TO CONDUCT EFFECTIVE RESEARCH

Before putting money into a cryptocurrency, it’s crucial to Do Your Own Research (DYOR), no matter what others say about it. Research helps you find out if the cryptocurrency you are interested in is a good investment. Here are some key factors to consider during your research.

1. Tokenomics

This refers to the economics behind cryptocurrency. It combines the words token and economics. It includes all elements that can influence a crypto’s value. Here are some key tokenomics to consider:

Vesting and allocation:

Token allocation refers to how tokens are shared among various groups involved in a crypto project. The way tokens are divided among founders, venture capitalists, and the community can reveal important information about the project’s future plans and stability.

Vesting means keeping cryptocurrency tokens locked for a set period before the holder can fully use or move them.

Glue`s take on tokenomics: Looks like they are worked hard to ensure there were no unfair seed rounds, where special investors got to buy Glue at steep discounts. Unlike other blockchains, Glue`s seed round was set at a 30% discount relative to their community validator raise on Fjord.

The founder tokens will vest over a period of five years, with a one-year cliff. This means that during the first year, no founder tokens will be available for sale.

From Co-founder Ogle`s tweet: The last thing we wanted was a lot of early folks, including ourselves, being up 1000x and just dumping all over retail.

2.Project Whitepaper

A project whitepaper is a public document that explains a crypto project’s goals and how it plans to reach them. Reading the whitepaper is crucial to understand if the project has solid plans for long-term growth.

Other notable metrics to look out for include

• Social media presence of the project

• Community

• Venture capitalists and investors

• Marketing etc.

Glue`s take on these: To better understand Glue`s goals, take a look at their whitepaper at docs.Glue.net

Glue is building a strong community on Twitter and Telegram. You can meet the founders and talk to them directly about Glue on Telegram.

RIGHT NARRATIVES BUT IN RIGHT TIME

The saying “sell in May and go away” has already been around since the nineteenth century, as the summer months tend to have shown a remarkable weakness in equity returns historically compared to other months of the year.

If you kept cash in August and September while on vacation and only invested in Bitcoin for the rest of the year, you would have done four times better than someone who just held Bitcoin all year.

Therefore, noticeable seasonal performance trends could potentially be used to create significant alpha.

Glue`s take on timing: Glue is looking to have their token generation event in Q3, but market trends may shift this date. They are holding off until the market is at its best. You still have time to get to know Glue.

WHAT DID YOU SAY GLUE WAS

Think of Glue as your financial hub for everything Web3. Their ecosystem is meticulously crafted to mirror the familiarity and intuitiveness of mainstream finance apps on your mobile device.

This will enable you to manage your assets smoothly, use analytics tools to support your investment strategy and trade cryptocurrencies as easily as managing your bank account. Glue is working to remove the complexity of decentralized finance so you can enjoy its main features with the simplicity.

What ties all this together? Safety and Accessibility. The goal is to create a network that people want to use, combining the best in technology currently available with the infrastructure and interface required to make it useful today.

Check out their Medium article to find out more about who they are.