Guavy AI Editorial TeamSentiment: 2.8Clout: 25

Ozak AI TGE: What Sets it Apart from Failed Project DeepSnitch

The upcoming launch of Ozak AI TGE has sparked interest in the cryptocurrency market, with some investors drawing parallels to the failed project DeepSnitch. In March 2023, DeepSnitch raised $2.87 million and listed on Uniswap, but crashed by 99% within 72 hours due to a combination of factors.

Unlike DeepSnitch, Ozak AI has undergone dual audits with CertiK and Sherlock, finding zero critical issues. The project also implemented structured vesting, which will release 10% of tokens at TGE, followed by a 1-month cliff and 6 months of linear vesting. This measure aims to prevent the sudden dump of tokens on the market.

Ozak AI has also confirmed a Tier-1 CEX listing alongside an Ethereum DEX launch, which will provide real depth and liquidity to the project. In contrast, DeepSnitch launched exclusively on Uniswap with thin liquidity, leading to its catastrophic price drop.