After asking around, the Etho IDO that circulated in the afternoon should be the disclosure from a certain DAO investment organization to its investors, and in fact, it is the seed round fundraising information of Etho.

Equity valuation: 30 million u

Token valuation: 75 million u

Financing amount: 1.75 million u

Release: Locked for 6 months, linear for 18 months

If there is a profit after unlocking and selling, the investment organization will take a 5% share; if there is no profit, they will still charge a 0.33% fund management fee.