V God and Aave founders jointly invest No airdrops, no large-scale preheating, analyze the public sales logic of @ aztecnetwork Seeing Chen Jiange mention the issue of Aztec's public sale, I sorted out several points of concern to the market Why doesn't Aztec conduct airdrops instead of public sales? Does Aztec have great potential in the privacy race? 3Aztec public sales gameplay mechanism Besides Aztec, what other projects are these top institutions laying out in the privacy track? Firstly, analyze 1 For the brothers who used to test the website before, I felt heartbroken for 3 seconds. After waiting for the chicken to finish eating rice and the fire to break the lock, I suddenly realized that there was no airdrop logic and could only purchase tickets to participate in the whitelist I think the project team thinks like this. Even before the release of the testing website, many signals were actually revealed, repeatedly emphasizing that there would be no airdrop As founder Zac Williamson mentioned, the free airdrop mechanism leans towards a large number of machine studios, whales, and insiders, which is undemocratic. To use the CCA mechanism, it can effectively prevent such unfair dynamics, based entirely on the "voting" rights of ETH bidding, and will not be brushed too much wool. By independently bidding on each block and setting a user participation limit state, fair participation of users can be achieved Knowledge point: The CCA mechanism is a continuous clearing auction model proposed by Hayden Adams, founder of Uniswap, and Aztec, both of whom publicly support this mechanism Another point is that friends on the whitelist can bid in advance to obtain chips at a lower price, or unlock them in advance. This can be considered as a way to salvage some wounded souls In short, according to the logic of the project team, studios that offer free airdrops will fail and are not loyal coin holders. Public sales are equivalent to the threshold of consensus Next, analyze 2 The ceiling of the privacy race is currently ZEC, without which Aztec may not have such high expectations. Aztec is currently the L2 privacy chain at the top of Ethereum, similar to ZEC to BTC, but the difference is that its programming and combination functions are better, providing highly private application services for individuals and institutions Institutions and celebrities such as A16Z, Paradigm, V God, and Aave have all participated in financing, with approximately $119.1 million, and have the funds and ability to develop products. Through such narratives and fundamentals, a logic of high valuation has been formed Next, analyze 3 1. The purchased token TGE will be unlocked 100% linearly on the same day, and will be fully circulated in at least 90 days (determined by community voting) The bottom price is only 98493 ETH ≈ 295 million FDV (75% cheaper than the 2022 entry price of a16z), and the sluggish market has provided a path for undervalued entry Traditional KYC is definitely not feasible. Let's use ZK Passport to prevent witches and ensure zero privacy leakage. Currently, pre-sales have exceeded 5500ETH participation The mechanism of CCA is fully open on the chain, with each block bidding independently, no pre mining, and no internal determination. Whoever bids higher wins, and whales cannot get too many chips Public sale on December 2nd, now KYC can be pre registered, https://sale.aztec.network/ Finally, besides Aztec, what other projects are these top institutions laying out in the privacy track? Currently, Aztec has the highest popularity and attention, making it the only one on the track Next are Espresso Systems, Electric Coin Co., Zama, Bills, PSE Everyone can first do KYC (the technology of privacy track can avoid privacy leakage), and then wait until the public sale date to do less.