In-depth analysis:

Project name: omni

Project type: L1

Crypto market value ranking: 228

Market value: $274 million

Project overview:

Omni was formerly Rift, and is currently an interoperability layer based on Ethereum, enabling developers to program global applications across the entire Rollup ecosystem of Ethereum.

The official adopts a dual staking model of re-staking ETH and its own OMNI tokens, and uses re-staking ETH to protect its validator set, making its security consistent with Ethereum L1, thereby achieving higher stability.

Team background

OMNI core members all have Harvard backgrounds, which is top-notch in the entire Web3 field.

0xASK: CEO, graduated from Harvard University and Stanford University, worked at Ripple and Microsoft

ttarsi_: CTO, graduated from Harvard University, and then worked as a teaching assistant in Harvard's Department of Mathematics

MattPoreda: COO, graduated from St. Petersburg State University and Harvard Business School, worked at IBM and Harvard Kennedy School

Financing situation

According to Binance Research, Omni raised $18.1 million through two rounds of private token sales, totaling 20.1% of the total token sales, with unit prices of $0.18 and $1.5 in the two rounds respectively.

Omni has good investors, including Pantera, Coinbase and other large institutions, as well as Ma Ti, Aave/Lens founders.

Project understanding:

This coin is also a new coin that was recently launched on Binance. It is worth noting that CB was also launched at the same time as Binance. Everyone knows that since the last round of bull market, American institutions have been one of the main forces driving price increases.

And CB's currency review standard system has shown that there are no false propositions in all aspects of the fundamental track of this currency. The newly launched market value is only 270 million, which is also an undervalued project. Keep an eye on it and wait for the adjustment before getting on board.

Target: The first target is 1 billion, and the second target is 10 billion.

If you think it is promising, you can arrange it in batches when the price drops.