#Succinct: TGE and trading start on 05.08 🔥
Succinct — developing ZKP infrastructure, providing SP1 — a virtual machine (zkVM) for operation in rollups, bridges, and oracles.
💰 Investments of $55 million, among investors Paradigm (Tier1), Sandeep (Tier1), etc.
✍️ Previously wrote about registration for the drop, announced the distribution of PROVE for holding Binance points.
⏱ TGE and drop scheduled for 05.08.
Tokenomics:
🟢 Total tokens: 1 billion RPOVE.
🟢 Initially on the market: 200 million or 20%.
🟢 Allocated for the 1st drop: 50 million or 5%.
Additionally:
🟠 Price on OTC: $1.1 | FDV: $1.1 billion | IC: $220 million.