Currently doing the third public offering project #BILLIONS🌟 on #KAITO , today the amount pledged by users just reached the target of 5 million USD, and the project party posted a tweet announcing that the TGE will take a few more months, leaving many users who pledged funds and participated in the public offering feeling frustrated.

Waiting for a few more months means that the funds pledged by users will be locked for several months and cannot be moved, effectively locking liquidity.

Usually, users expect the TGE of public offering projects in the Pre-TGE stage to occur within a few days or weeks; even Nasdaq stock offerings do not wait too long. If the tokens from the public offering are not locked, they can be liquidated at the time of TGE. It's really difficult for users' investment funds to stay in the project party's wallet for several months.

However, the matter of TGE and token listing is not determined by the #KAITO platform; it still depends on the degree of coordination between the project party and the exchange. Major exchanges are unlikely to casually announce that they will list within a few weeks, even if the Billions project is led by a major public chain like Polygon.

Sister Cathy participated in the first two Kaito public offering projects, each pledging 1000 USD and receiving two badges.

Actually, it is still unknown when #TheoriqAI and #EspressoSystems will be able to TGE, so she did not participate in this third project.

Waiting for updates, it seems that users who have already participated in the Billions public offering are about to revolt.