$NXPC is a crypto project led and invested by NEXON (not widespread)

@MaplestoryU @binancezh @BinanceWallet

Keywords:

1. A web3 project developed under traditional web2

2. Financing $100 million with a valuation of around $500 million (specific valuation information not disclosed, but should be accurate)

3. On Alpha, a low opening trend should be visible; if FDV is below $500 million, it can be positioned

4. The project team should not be overly cunning; before listing, I believe it won’t be too much of a pump and dump, with a relatively high chance of being listed on Binance Spot (spot trading)

5. It needs to be verified whether this project has a professional Crypto team

6. There is a relatively high hope of being listed on Binance spot

Nexon is a video game publisher whose products include Dungeon & Fighter, Puzzle Bobble, and KartRider.

Previously invested projects that have been listed include $OAS @oasyschain

Currently, FDV is $156 million, mainly listed on Upbit and Bybit, with extremely low volume, market makers/actual buying interest is not active, and I believe it won’t be as cunning as some old-school project teams

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The hope of being listed on Binance is relatively high (not insider information, I guarantee with my reputation, for the following reasons)

1. The project is quite special; in addition to having excellent resource pathways in Web3, it has a large amount of Web2 resources

2. The project is rooted in South Korea, with a purely Korean background; I believe Bithumb and Upbit will become huge buying power, which is different from other ground-pushing Korean project teams

3. Existing users can potentially convert to web3 users, meeting Binance's core standards for listings (can refer to that wave on Telegram)

Under this standard, a “green channel” can be opened

4. If continuous revenue is generated, the hope will be even greater

@heyibinance If the big sister sees this, please don’t think I’m leaking insider information; I know Binance is cracking down on this, and I want to clarify again.

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Disadvantages:

1. The sector has problems; the Gamefi sector is nearly discredited, and current capital almost cannot invest in Gamefi; institutional investors will be cautious after TGE

2. A $500 million valuation on Alpha is too high; Alpha currently does not have sufficient purchasing power, and the profit-making effect is significantly weak; it will be relatively difficult for the project team to cash out. This is a point where the project has to make sacrifices; if it quickly gets listed on Spot, this will change

3. The vast majority of web2 projects transitioning to web3 exhibit extremely unprofessional characteristics, even being rudimentary; after issuing tokens, there may be quite a few issues. My personal suggestion is to do less and make fewer mistakes.

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Operational advice: If below $500 million, it can be entered, but considering the potential risks if the project is unprofessional, it may not actively maintain market value; this needs to be paid extra attention to the K-line trend after listing. In the future, I will continue to track the trend of this project. If launched on Future with an FDV exceeding $1.5 billion, extra caution for price manipulation risks is needed.