Sahara started last night, and has raised 30M so far, over 350% oversubscribed. Many people are also getting ready to participate in the next TGE 100% project, Enso. DeFai narratives are brewing, and I think it’s appropriate to participate moderately. This time, Enso is conducting a token sale on @CoinList, which is familiar to old players.

Interested individuals can use my code for priority access! Keep reading below 👇

Since many group friends have privately messaged me about their views on Enso, I’ll write them out directly to share with everyone.

Here’s a brief introduction to the sales terms of @EnsoBuild this time:

Token price: $1.25

FDV: 125M

In the last round of financing, the VC's cost was around 140M.

Sales amount as a percentage of total supply: 4%

Purchase amount limits:

Minimum: $100.00

Maximum: $2,500,000.00

Unlock schedule: 100% unlock at TGE, VC and team will have a two-year linear unlock.

Expected TGE date: Q3 this year

Purchase options: USDC, USDT, USDe

Note: The Enso team may open an additional 4% of tokens during the sale. From a valuation perspective, it’s actually not low, but lower than the cost of the last financing round, and TGE is 100%. I will participate moderately in DeFai + chain abstraction track.

For those interested, please fill in my Code: ALVIN. I’ll put the CoinList link in the comments.

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Previously mentioned Enso and Brahma are both related to DeFai narratives.

Automating on-chain economy - On-chain Economy Autopilot.

@BrahmaFi provides users with directly usable "AI agents" and an "intelligent account" solution for easy automation strategy creation.

@EnsoBuild focuses more on providing developers with related solutions (providing packages like "Actions" and "Shortcuts"), helping developers easily integrate DeFi functionality into applications.

Currently, over 100 protocols are using Enso, including AI, RWA, various mainnets, cross-chain, DeFi, asset management, on-chain path automation, etc.

I believe the next explosive narrative for AI agents will be DeFai. Of course, the maturity is not very high at the moment, but it can be foreseen that it will attract a new batch of funds and players, waiting for a representative work.

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First of all, I personally don’t really like CoinList 😂 mainly because the platform is really hard to use, and there are various scam tactics, but honestly, it doesn’t conflict with us making money on the platform.

The main thing is that CoinList’s first-mover advantage is really strong, and the deals on it have always been above standard.

I looked at the ATH ROI rankings from @CryptoRank_io:

$MOCA highest multiple 12x

$PEAQ highest multiple 9.4x

$NIL highest multiple 2.87x

$WCT highest multiple 6.7x

There are also decent fundamental projects like @doublezero that can be participated in through nodes, as the depin narrative was written early.

PEAQ yielded very good returns when participated, originally invested 10K thinking it would oversubscribe, but ended up investing all of it... also considered a windfall.

@peaq @NATIXNetwork’s token sale also had announcements in our coin research group reminding group friends.

However, the current market uncertainty is quite large, so participate in IDOs within your means, treating it as a holding of an altcoin.

Regarding DeFai, I will write another tweet today related to @danielesesta and @HeyAnonai, stay tuned.