Waking up to find everywhere is $ept rights protection, let's briefly analyze the @RealBalanceFun project, and see if everyone's comments are correct.
Project Background and Financing Overview
- Financing Situation:
Led by a16z, with a financing amount of $30 million;
Raised $110 million through node sales,
Total financing scale reached $140 million.
- Token Information:
Total issuance of $EPT tokens is 10 billion,
Current coin price is about $0.014,
FDV (Fully Diluted Valuation) is $140 million.
Analysis:
Upon reviewing the information, I found that the nodes actually sold for $110 million, while VC only invested a total of $30 million, especially with node sales accounting for as much as $110 million, far exceeding the VC investment amount, indicating a possibility of the project team cashing out too early.
Assumption:
If I were the project team, with a total of $140 million, I would allocate $60 million to VC, allowing VC to double their returns and exit, keeping $10 million to maintain project operations for 1 to 2 years, and still have $70 million left for myself.
The incentive mechanism is insufficient, and the community believes the project team "lacks motivation for progress."
Coin Price:
Currently supported at $0.014, how coincidental,
$140 million is exactly the total financing amount, indicating a possibility of the project team defending the price at $0.014.
Node:
I heard that the node purchase is $600 each, with a yield of about 8,000 coins, $600/8,000=0.075, the coin price needs to be $0.075 to break even, which is basically a pipe dream.
Wishing everyone success in their rights protection.
The above reference data comes from
https://www.rootdata.com/zh/Projects/detail/Balance?k=MTQzMDM%3D