I mentioned before that there are three very high-quality public projects that can be participated in recently, all of which are certain opportunities for new investments. Sahara is already underway, and now I will reveal another one.
PlasmaFDN
Plasma is a new high-performance blockchain focused on stablecoins such as USDT, raising 24 million, a European and American project, with investors who have considerable prestige.
Moreover, it will launch as the first project on the new public fundraising platform Sonar created by Echo. As we all know, such flagship projects typically have wealth creation effects.
The public sale will sell 10% of the tokens at a 500 million FDV.
The participation method is quite interesting; you need to make a deposit on their official website first, and based on the amount and duration of the deposit, you will earn points. Ultimately, the subscription share for each person in the public sale will be determined based on the proportion of points.
Deposits will open tonight at 9 PM, with an initial deposit cap of 250 million USD. I don't know if it will be quickly filled, so those who want to participate should be ready to deposit on time.
According to the information currently disclosed by the official, the deposit period is 'a few weeks rather than a few months.' My understanding of this is about 20 to 60 days.
During this time, deposits can be withdrawn at any time, but points will be deducted proportionally. After the deposit period ends, the vault will be locked until 40 days after the public sale when withdrawals can be made.
This means that if you deposit the money and keep it in, it will take a total of about three to four months. Everyone should plan their capital utilization accordingly.
Additionally, it's important to note that participation in this project also requires KYC, and it does not support mainland regions. In the end, you definitely need to buy KYC to participate.
In short, this project does have a bit of a PUA vibe, and if you call it crazy, it is a bit wild. You have to deposit money to earn points and then spend money to buy coins.
However, the project expectations are indeed good, so I will still go for it.
Currently, all I can do is wait for the deposit to open tonight to put money in. Other details are still quite vague, and I will share more as I receive detailed updates.
Two of the three projects have been revealed, and there is one left. Everyone stay tuned for my news! 🤟