Alright, folks!
Tonight Binance Futures is launching SAHARA (Sahara AI)
Let me analyze it for you!!!
The core technology of SAHARA is actually a dual data processor: KA system - automatically digests internal and external raw data, outputs decision signals (similar to an AI version of an 'oracle'); Data service - provides desensitized data for model training, emphasizing privacy and security (wrapped with technologies like zero-knowledge proofs).
Testnet popularity is questionable: the official claim is 3.5 million registered users, but actual active users are only 180,000 (conversion rate ≈ 5%), caution is needed regarding data inflation.
Funding rhythm is strange: Seed round → Series A: valuation skyrocketed from $66M to $400M (6x premium)
Recently, the IDO directly claimed a valuation of $600M (FDV), but the product is still in the demo stage.
Valuation bubble calculation: current FDV = $600 million, has reached 15 times the Series A valuation! Benchmarking against mature AI project Fetch.ai (FDV = $3.2 billion), SAHARA needs to grow its user base by 17 times to be reasonable - while the actual measured active users are only 180,000.
Team: Chinese team
The price of this AI coin fluctuates greatly, its value can be high or low, not recommended for buying, the pre-market price is relatively reasonable; If it reaches the market capitalization of $Virtual or rises on Upbit, Bithumb, Coinbase, you can try to short it, i.e., above $0.16
