⏰ Theoriq @TheoriqAI is less than 24 hours @KaitoAI new in Kaito
It has been over-raised by 6.5 times and is expected to reach 8~10 times in the end
The official superfunding design is 4 times the new limit, and you only need to deposit 2.5 WU to get a 10 WU limit
🥶 Compare the Espresso @EspressoSys next door
So far, 4 million has not yet been filled
The main reason: the release method is too unfriendly
→ 50% TGE lock one-time unlock after 1 year
→ 50% remaining for another 1 year of linear vesting
📉 It's like using retail investors as ATMs, and no one wants to be wronged
⚠️ TGE Alert|About @TheoriqAI's IDO
@KaitoAI
Theoriq is about to TGE and is currently undergoing IDO on the Kaito platform, but there are a few key points to note:
🔐 KYC is more complex
A mobile phone verification code is required, and proof of address (proof of residence or bill) is also uploaded.
It is relatively cumbersome to operate, and the cost of KYC is much higher than that of regular projects
💰 Participation rules reminders
Scope of application: 1000 ~ 100000U
The quota cannot be modified after submission, and if it is not paid after winning, the deposit will be forfeited
⚠️ Be sure to think about how much you are going to play in advance before deciding to submit!
The deposit does not need to be covered by 100%: For example, if you apply for a quota of 10,000U, the deposit only needs to be about 3,000U
📈 Valuation and expectations
The last round of financing was valued at 150 million
The valuation of this round of IDO has been pressed to 75 million
It is possible to eat a wave of profits, but at your own risk, and the expected space is about 50% of the profit
🧠 Lao Dong suggested:
This project does have space, but the threshold is high and the requirements are strict, and it is not suitable for rushing; If you are really prepared, be sure to handle KYC in advance and evaluate the deposit and lock-up logic you can afford
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