Loudio ($LOUD) with a loud appearance just like its name - has been positioned as a content distribution platform and rewards for creators according to the Web3 model. With the simple message "Spotify on Solana", the project quickly attracted attention from the community and KOLs.
📌 However, the harsh reality occurred just a few days later:
- The TVL of Loudio only reached ~$40K, despite having significant media backing and being listed on CEX.
👉🏻The main reason is the holding motivation; KOLs immediately took profits at the time of TGE after receiving their allocations. The allocation of 100% without lock-up and a decent ROI left nothing to stop them from taking profits. Of course, once it's finalized, I will look for other Yap projects on Kaito instead of staying and continuing to share about Loudio. A rather foolish move from the project.
🚨Meanwhile, the economic model is operating inefficiently. The dev team has been overly confident about the crowd's FOMO when setting the trading fee at 4%, but individual LPs have created their own pools with fees as low as 0.5%-2%. The flow of funds from transaction fees did not return to Loudio right at the very first moment - the most crucial phase. All of this led to the rapid death of $LOUD, even faster than a project that once experienced FOMO.
I think the rapid death of Loudio partly stems from the project's desire to dump and leave the market instead of building properly (average dev Arbitrum).
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📉 Loudio: When death comes too quickly
Loudio ($LOUD) with a loud appearance just like its name - has been positioned as a content distribution platform and rewards for creators according to the Web3 model. With the simple message "Spotify on Solana", the project quickly attracted attention from the community and KOLs.
📌 However, the harsh reality occurred just a few days later:
- The TVL of Loudio only reached ~$40K, despite having significant media backing and being listed on CEX.
👉🏻The main reason is the holding motivation; KOLs immediately took profits at the time of TGE after receiving their allocations. The allocation of 100% without lock-up and a decent ROI left nothing to stop them from taking profits.
Of course, once it's finalized, I will look for other Yap projects on Kaito instead of staying and continuing to share about Loudio.
A rather foolish move from the project.
🚨Meanwhile, the economic model is operating inefficiently. The dev team has been overly confident about the crowd's FOMO when setting the trading fee at 4%, but individual LPs have created their own pools with fees as low as 0.5%-2%. The flow of funds from transaction fees did not return to Loudio right at the very first moment - the most crucial phase.
All of this led to the rapid death of $LOUD, even faster than a project that once experienced FOMO.
I think the rapid death of Loudio partly stems from the project's desire to dump and leave the market instead of building properly (average dev Arbitrum).