October 16, 2023

How I Made 7,000 from the ZTX Project

Let's start by understanding what this project is and why it fed me.

More about the Project 🥸

ZTX is a joint project of Jump and ZEPETO, with ZEPETO being the largest metaverse in Asia, boasting over 400 million lifetime users​2​. The project aims to build on the success of ZEPETO and expand the adoption of the digital world based on Web3 technology. ZTX envisions creating a compatible and accessible metaverse where creators and communities can create, play, and earn. They believe in pushing the boundaries of innovation to ensure the long-term success of their project and its holders​4​.

Investors and Partners 💰

The ZTX project, a Singaporean virtual world on Web3 and a platform for creators, successfully raised 13 million USD in an initial funding round. This round of funding occurred on August 15, 2023, and was initiated by Jump Crypto. The funding attracted investments from several well-known organizations including Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group, among others​1​​2​​3​​4​. The capital influx from this initial funding round aims to strengthen ZTX's position in the digital finance realm and is seen as a pivotal moment in the evolution of Web3 and the metaverse, propelling the project to spearhead the revolution in the digital world. Financial support from these investors is likely to bolster ZTX's mission of creating a compatible, accessible metaverse that enables creators and communities to create, play, and earn, as previously discussed on Twitter. This round of funding, alongside strategic partnerships and community engagement initiatives, marks an important milestone for the ZTX project as it seeks to fully leverage its Web3-based digital world and advance its vision in the evolving metaverse landscape.

Team and Founders 👨‍💻

I was unable to find detailed information about the team and founders of the ZTX project. However, I discovered that ZTX was founded in 2022 and is headquartered in Singapore. For more comprehensive information about the team and founders, you can visit their official website or their profiles on professional networking platforms like LinkedIn or Crunchbase. If there's anything else or any other aspect of the ZTX project you'd like to know about, feel free to ask!

Social Networks 🔍

Twitter - 63 thousand followers, good activity under posts, good Twitter score, images regarding Twitter score attached below as well as links for personal acquaintance.

TwitterScore

TwitterScout

Discord - Currently, there are 28,900 members, of which 3 thousand are online, and a complete mess in the chat from people who looted the drop. You can follow the announcements and loot the next events.

Site - Well-designed and packaged, you can find answers to frequently asked questions and download the client.

Opensea - Genesis collection with which I ate, and from the floor price and from the token distribution. The price for NFT at pre-sale was 0.03, public 0.06, peak 0.8 Ether.

Zealy - Zealy - On 15.10.23, they launched a sprint for 5000 dollars, if you missed the token distribution you can get in with all accounts.

How I Looted 🏦

Back in the spring when they had a whitelist form, I didn't fill it out right away and it lay around for a while, then I finally filled it out and forgot about the project for a while and didn't follow it at all. One morning I received an email, I checked as usual if it wasn't spam or a scam, after which I followed the link where it said that I was approved and I got the right to participate in the purchase of genesis lands.

The purchase date came, it was August, I had about a week to make a purchase at the pre-sale, I initially had 2 slots and then I didn't know that they attracted 13 million investments. I sat and scratched my head and I didn't want to wreck even for 0.06 ether for two NFTs, but still. Then I received another email where I was allocated two more slots. This alarmed me even more because the sale was weak and for the first 5 days out of 2000 NFTs, God forbid 500-600 were bought up.

Then they announced the investments and I realized that I needed to rush with both feet. I withdrew 4 NFTs from the cold wallet to Metamask, but unfortunately I was only able to buy 2 because after the announcement everyone rushed who had WL to buy out their slots.

Next came the waiting time, days went by and the public NFTs were quickly snapped up, the floor began to grow, first 0.1 then 0.2 then 0.3 and at some point, I thought maybe dump, fix the profit and everything because I didn't see the point in holding further. I went to discord and saw the announcement that token holders will be dropped on tg.

After that, I didn't think about dumping and held the NFTs further, they reached 0.8 per piece, but I held and hold to this day, even though after the drop they were cut down a lot.

In total, today 16.10.23 is my father's Birthday and the team also decided to distribute the drop and get listed on exchanges today. I sat in the disk from the very morning and watched when they would announce the claim tokens. The team said that the drop will be directly to the wallets, and I just stayed waiting for my tokens and here in the bot such notifications began to come.

As you can see, I immediately sent 125 thousand tokens to Bybit and waited for the start of trading.

At the beginning of trading, I set the price at 0.05 per token and sold about half, the rest went somewhere for 0.035 per token.

The remainder that came to me after I sent it to bybit I exchanged through defi lama, but I didn't get enough because the rate on dexes was lower and the remainder I sold for 0.017 when on the exchanges they were dumping for 0.024-0.025.

But nothing scary in total I got about 7 thousand dollars

Conclusions 🖋

Thanks to my participation in the ZTX project and its community, I noticed a promising and active ecosystem. Despite the lack of detailed information about the team and founders, the project's presales and NFT initiatives gave me valuable experience. Active presence on social media and interaction with the community on platforms such as Discord and Twitter further highlight the project's potential. Thanks to a strategic approach, I managed to earn 7000, demonstrating the financial opportunities of the ZTX ecosystem.