Understanding @Moonveil ( $MORE) Airdrop in One Article: Is It Worth Participating?

Claim Index: ★★★★☆ (4/5)

Price Prediction: $0.08 - $0.12

Based on fundamentals and past competitor valuations, the estimated FDV is between $100 million and $300 million.

I am just a fool who bought 5 nodes, and it turns out it takes 4 years for them to unlock...

If the criticism is too harsh, it's all out of love.

Disadvantages:

1. Self-destructive path:

To be honest, GameFi has already been definitively debunked from my perspective.

Not to mention that you want to spend money to create a gaming L2 chain,

Let alone that it is built using the half-dead @0xPolygon's CDK.

You seem to think you haven't set enough flags and aren't dying quickly enough, haha.

2. Huge selling pressure in the early stages:

At the beginning of the launch, there will be airdrops (accounting for 6% of total supply) and node rewards (accounting for 5% of total supply) that will be unlocked in large quantities at TGE. These zero-cost or low-cost chips are likely to be cashed out immediately after the opening, creating immense selling pressure, and it is highly discouraged to chase high prices right away.

3. The game is really not fun:

It is said that team members come from top gaming companies like Riot, Tencent, and NetEase, and have participated in the development of blockbuster games such as 'League of Legends' and 'Valorant'.

Let's just say, your flagship game @AstrArk_World has less than 700,000 users in over a year. The other two equally positioned games, @Bushwhack_World and Flaming Pets, have not even been heard of.

How did you manage to create this pile of stuff????

Advantages:

1. Backed by top capital, treated as Polygon's 'favorite child':

The project has raised over $11 million in cumulative funding, with investors including @TheSpartanGroup, @HashKey_Capital, @AnimocaVentures, and other top VCs.

More importantly, it has received investment and official technical support from @0xPolygon Ventures (using Polygon CDK to build L2) and plans to integrate with AggLayer, which holds a highly strategic position.

2. High community engagement:

In addition to the $11 million raised from VCs over two rounds, Moonveil has raised nearly $11.38 million from node sales; its own L2 test net has been online for only 4 months with around 1 million active users, even without a large number of KOLs promoting it on X.

This indirectly confirms that the project still has many loyal community users.