Owlto Finance (OWL) is a cross-chain bridging project that has recently launched a token airdrop campaign. The project has raised $8 million, with a total token supply of 2 billion tokens. The initial circulating supply is 3.3 billion tokens (accounting for 16.5%), and the specific airdrop time has not been officially announced yet, but it is rumored to start in the afternoon.
From a product perspective, this project still has some substance—at least the product form is there, which is more reliable compared to some projects launched a few days ago that lack practical features. However, it’s worth noting that the recent performance of airdrop projects has been quite unstable, mostly trending downward. If you are considering participating, it’s advisable to carefully assess the risks and avoid blindly following the trend.
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GasGuzzler
· 23h ago
8 million in funding sounds pretty good, but this circulation data is a bit scary.
I've looked into the OWL project. Bridging is indeed necessary, but right now, airdrop projects are getting worse and worse.
Launching in the afternoon? I won't stay up late to watch. Anyway, this wave of airdrops either go to zero or get rug pulled. It's all about the mindset.
Having actual functionality in the product is definitely a plus, but recently launched projects all say the same thing.
I'm waiting to see if it crashes or not before making a move. Don't get caught up in FOMO.
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just_here_for_vibes
· 01-15 17:08
Airdrop again? This round is really all about the dips, it's a bit exhausting to watch.
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3.3 billion in circulation? That number just doesn't sit right.
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There are many cross-chain bridge projects; what makes this one stand out?
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Waiting to start in the afternoon? I think I'll wait and see, the套路 are all the same anyway.
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8 million in funding isn't that exaggerated; the key is how things develop afterward.
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Don't blindly follow; it's correct to be cautious. Recently, airdrop projects have been one after another.
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At least it has a product, which is better than pure concept scammers.
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GateUser-2fce706c
· 01-15 09:56
Time waits for no one; I have long said that the cross-chain track is the future high ground. The OWL airdrop is the best opportunity to position oneself.
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Don't listen to those who are bearish; a product that has real implementation is the hard truth. Compared to those vapor projects, it's in a completely different league.
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A circulation of 3.3 billion is actually quite restrained. Raising 8 million indicates genuine backing with real funds, and all the details check out.
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The most concerning are projects with products and funding but still hesitating. You'll regret not jumping in when the price rises later.
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Hey, have you ever thought about how those questioning cross-chain bridges now are just like those who doubted Ethereum back in the day?
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You're starting this afternoon, right? Better hurry to grab the opportunity—miss this wave, and you really can't wait any longer.
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What does poor stability matter? The overall trend is clear. How many early projects didn't go through the same process?
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MeaninglessGwei
· 01-14 17:54
Afternoon airdrop? Still staying up late to watch, forget it, I'll go to sleep.
Circulating supply of 3.3 billion accounts for 16.5%? How is this math calculated, brother?
Cross-chain bridge projects haven't shown much progress this round, let's wait and see.
Eight million in funding sounds like a lot, but who dares to take over these kinds of projects now?
Having a product form is considered reliable? I think in the end, it still depends on the coin price.
I’ve been all in on recent airdrops, the probability of losing money is directly maximized, so to speak.
My instinct about these projects is that the time to get off is always faster than the time to get on.
But it’s indeed better than those purely air projects, at least there’s something tangible.
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NFTRegretDiary
· 01-14 17:54
Circulating supply is 3.3 billion, exceeding the total supply of 2 billion. What's going on with this data?
Honestly, there's really no profit in this round of airdrop projects. It's about time to wake up.
Everyone says the product is reliable, but what can they do with a financing of 8 million?
Starting in the afternoon? Same old story, and you'll have to queue up again to wait for the crash.
There are a bunch of bridging projects, but how many have actually been used? I'll be honest, I haven't used any.
Instead of focusing on airdrops, it's better to see if there's any practical application value.
Who would still dare to go all-in on this kind of thing in this market?
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zkProofGremlin
· 01-14 17:53
Airdrops again and again, starting this afternoon? I feel like this routine has been used up, and those betting on it are losing everything.
Cross-chain bridging sounds good, but can it really be used? Honestly, it still depends on whether it will rise later.
The 8 million funding doesn’t seem that substantial anymore; compared to those big companies, it’s really quite lean.
But I still want to know, what’s the deal with the release plan for the 3.3 billion circulation? It feels like just another prelude to cutting the leeks.
Don’t ask me why I participate; anyway, if I can’t make big money, I’ll just consider it tuition.
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ser_we_are_ngmi
· 01-14 17:51
The circulation data looks a bit strange, 3.3 billion exceeds the total supply of 2 billion? How is this math calculated?
Airdrops are starting to cut leeks again, every round is the same, I'm already tired of it.
The product has a form but can it be used? Or is it just another PPT project? I've seen too many.
Afternoon? Another late night to rush, forget it, I'll just take a look first.
8 million in funding, how long can this valuation support? I have no idea.
This round of cross-chain bridge projects one after another, I'm already tired of seeing them.
Really don't dare to follow the trend anymore, last time's airdrop I directly lost half.
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ShibaOnTheRun
· 01-14 17:44
Airdrop coming again? This round of projects has dropped so badly, I think I'll just wait and see.
Wait, the circulating supply is actually more than the total supply? That data seems a bit strange.
800 million in funding is indeed impressive, but cross-chain bridges are everywhere now.
Launching in the afternoon? Could it be another scenario where it crashes right after opening...
The product is reliable but the market cap isn't great. I've seen this combination too many times.
I'm out, recent airdrops have all been plunging, it's exhausting.
If I really play, I won't go all in. No one wants to go through a cut-loss situation again.
These types of projects are now just bets—whoever is quick enough can run away.
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LiquidatorFlash
· 01-14 17:32
The 16.5% circulating supply ratio is quite eye-catching, and the unlocking pressure will be intense later on.
Wait, has the smart contract been audited? I'm now a bit PTSD about the risk control mechanisms of bridging projects.
Airdrop speculation before: following the trend into the market → token release → collateralization rate triggers liquidation threshold → big players run away, cycle repeats.
I'll also observe if it opens in the afternoon. Recently, the failure rate of such projects is too high, especially the lending positions are particularly risky.
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GateUser-4745f9ce
· 01-14 17:26
Another airdrop, but this time it has a real product, which is a bit better than those purely air projects.
8 million in funding, 2 billion supply... such a high circulation isn't very good, is it? Will it start this afternoon? Need to see if it can avoid breaking the peg.
Cross-chain bridge is indeed a competitive track. Recently, these projects have all been falling. I'm still observing.
The airdrop craze should cool down, as those who participate are really getting caught.
OWL's product is quite sincere, but don't expect too much.
A large number of airdrop projects are collectively failing, and this time probably no exception...
The funding amount isn't small, but the circulating ratio is a bit uncertain. Be careful of getting caught holding the bag.
The demand for cross-chain is real, but whether this project can survive the next bear market is uncertain.
Why participate in such high-risk airdrops? It really is a gambler's mentality.
Owlto Finance (OWL) is a cross-chain bridging project that has recently launched a token airdrop campaign. The project has raised $8 million, with a total token supply of 2 billion tokens. The initial circulating supply is 3.3 billion tokens (accounting for 16.5%), and the specific airdrop time has not been officially announced yet, but it is rumored to start in the afternoon.
From a product perspective, this project still has some substance—at least the product form is there, which is more reliable compared to some projects launched a few days ago that lack practical features. However, it’s worth noting that the recent performance of airdrop projects has been quite unstable, mostly trending downward. If you are considering participating, it’s advisable to carefully assess the risks and avoid blindly following the trend.