Review of Pre-sale
Tonight at 8 PM, @gitfish's pre-sale will end. Currently, it has reached 20,000 SOL, and we should be aware of the following points.
1. Although there has been institutional interaction, the LINUX community has not yet responded. One-third of the tokens are allocated to the community, which poses potential selling pressure, so we need to pay attention.
2. 99% of the funds raised will be used to add to the pool, with one-third going to the fundraising users and one-third added to the pool. Therefore, it opens flat, but there is no concept of refunding over-subscription. If you do not wish to participate, you need to actively withdraw.
3. The 25% fee for invitations is 25% of 1% of the total fundraising amount, so the invitation rewards are not that aggressive.
4. The market value at the opening may be around 20 million...